How To Get A Used Car Dealer License And Work From Home | Udemy
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AuctionExport Mobile Site. Always check the car history, and see if VINs match between the dash, door and other points of identification. Sellers may hide problems. There are all kinds of masks and foils that can make a faulty engine seem clean and sound.
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If you don't know the tricks that sellers may use to hide trouble, bring a friend who does or stick to used car dealerships. There are no guarantees or warranties at public auctions. Banks own the best inventory at the best prices , in general. They are usually repossessed cars and trucks that the lender just wants to sell at a decent price to recoup losses. Make sure it is a reasonably well maintained car and that the interior is in good order, as these are often problem areas for repo cars.
Beware the used car dealers selling at auction. Most used car dealers prefer to sell to customers, other dealers and dealer auctions. If a car is too far gone to sell in any of those ways, they resort to the public auction. Take a second, third and fourth look at used car dealer offerings at public auction.
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This will get kind of crazy. Former auctioneer Steve Lang calls it "capitalism in its purest form. It can be easy to feel rushed and pressured to make a decision, so be prepared to tell yourself to slow down if you feel unsure about a vehicle. It's better to walk away and buy another day than to get a clunker you can't sell. Limit yourself before the bidding starts and stick to it. Do not visit the bar; do not go with a new girlfriend or a college buddy.