I went to the public auction with the hopes of finding a decent car. I walked around the lot to preview the cars. In fact, I found a nice one that I wanted to bid on, but an attendant shooed me away: that car was available ONLY FOR DEALERSHIPS.
So, let me get this straight--they get the best price for their sellers by LIMITING WHO CAN BID ON CERTAIN CARS?
I watched the auction with the hopes that there would be other cars in good shape that I had missed, but what I saw seemed to be cars that were TOO CRAPPY TO SELL on a used car dealers lot.
It seemed like 99% of the cars for sale were from used car dealerships (apparently they couldn't sell them on their lots).
This place is a good deal for used car dealers and NO ONE ELSE. For example, at the auction when a car dealer sells to another car dealer they offer a warranty. But, when an individual wins an auction there is NO WARRANTY.
It just doesn't seem fair, does it?
In my opinion the General public should NOT buy here--do NOT sell here either!! I saw a couple of people try to sell their personal vehicle and the bidding on neither of the cars reached the reserve price.
Banks: I can't believe that you would allow an auction house to restrict the sale of your repos to only car dealerships!!! But that seems to be what's going on here!!!!
Good Luck, you're going to need it.
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