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They end up at auction because there is a small market for expensive used cars and dealers dont often want to have a car sit on the lot for months waiting for the right buyer.
Why do dealerships send cars to auction. Normally the older fleet is sold at auctions to car dealerships. Maybe its too old too damaged not the right brand or type of. A dealership will take a car to auction that he doesnt have room for on his lot or that he feels will not be a good fit for his used car lot.
Why do big car dealers send their cars to auction Feb 01 2011 Why do big car dealers send their cars to auction instead of selling it off. Auctions usually result in the smallest profit for dealers so if you have a car that nobody wants dont expect to get much for it by trading it in. Heres what youll need to know about how car dealers get their used cars and how you can best.
Fewer cars auctioned means a smaller pool of used cars and rising prices. Ad ACV Auctions Offering Contactless Buying Selling From Wherever You Are. Easily Search for and Buy Inventory.
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Easily Search for and Buy Inventory. Dealers often use auctions to sell cars that for one reason. Ad BacklotCars is an Online Marketplace that lets Dealers Buy New Car Trades Nationwide.
Buying a Car From a Dealer Who Bought from an Auction Trade-Ins or Salvage. Its much better to try to sell it yourself to a. Dealerships send cars to the auction to get rid of aged units because they just want cash to buy something different or merely to balance their inventories for maximum return of investment.
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