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http://www.insidecarauctions.c... dealer explains the difference between buying a car privately and buying one from auction.

Channel: Autos & Vehicles
Uploaded: December 31, 1969 at 6:59 pm
Author: PaulFryatt

Length: 06:14
Rating: 4.23
Views: 10303

Tags: auctions  car  cars  cheap  

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Video Comments

conway2223 (December 31, 1969 at 6:59 pm)
The fourth light...Blue= The vehicle "title", or whatever it is referred to outside the US, is NOT present. This requires more effort to obtain the title, (usually through a title professional) before you can even think about registering, or selling said vehicle.
conway2223 (December 31, 1969 at 6:59 pm)
One word. Arbitration. Unless you are a mechanic, don't buy at a US auction, if you can't arbitrate it. (note for prospective buyers at United States auto auctions) Sales at auction consist of a "4 light system" GREEN= "ride & drive". Free of any defect(or none declared, and sale of such vehicle, can be reversed, in the arbitration process. YELLOW= Caution. Vehicle may have some type of salvage history, or another defect. RED= As Is. Also includes vehicles 10 years, and older.
loopsterman (December 31, 1969 at 6:59 pm)
thank you
momo261086 (December 31, 1969 at 6:59 pm)
what auction is tht. i want to buy one from auction
vsub (December 31, 1969 at 6:59 pm)
Thanks mate!
SimcaVedette (December 31, 1969 at 6:59 pm)
i'm driver at a car auction,most cars over 6 years old at auction have faults(some serious,others not so).The only ones that are really good are 4 years old and newer.
iheartdoza (December 31, 1969 at 6:59 pm)
thanks for that!

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