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  1. #1

    Default Newb buying at auction.

    Greetings folks! I'm looking into buying a car, and came across an auction. I'm really not sure about this method of buying. Can any of you folks share any car auction experiences? Whether good or bad, I'd like to hear/read from you.

    Another thing, I've noticed some vehicles have rebuilt/salvage titles, is there any big deal buying one of those?

    http://easyexport.us/carfinder/vehic...=4c054bdec9d5b

    What do you folks think of it?

  2. #2

    Default

    my brother bought a supra years ago from an auction for $1500 with the motor not running. the body was immaculate and the only thing wrong with it was that it needed engine work (which he replaced with a rebuilt one). as for the truck you are thinking of bidding on, i wonder why it has a salvaged title? do you know why? the only thing i can suggest is ask you insurance company first, how much it would be to insure a vehicle with a salvaged title. other than that, the truck looks good from the pictures.
    2K Bowtie Silverado xCab 5.3L
    7" Fabtech Suspension Lift + 3" Perf Acc. Body Lift
    K&N Air Intake + Edelbrock Shorty Ceramic Headers + Flowmaster Super 10 Series dumped after muffler!
    Bridgestone Dueler 285/75/16 on stock rims
    SSBC Slotted Rotors & Pads
    HID Driving & Fog Lights

    (AR Bajas + ProComp 305/70/16) <-- seasonal set

  3. #3

    Default

    Welcome to the GMTruckClub! I have no experience with auctions, but I do know that the "salvage title" can lead to problems with getting financing and insuring. Good luck!


    2010 Z/71 Colorado C/C
    Black 4X4 w/5.3L V8
    ===============
    2007 Winnebago Adventurer
    w/8.1L Chevy & Allison 6spd.
    Canyon Lake, Texas

  4. #4
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    Eddie Z71's Avatar
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    Hi, and welcome to the site!
    Eddie , 2000 Chevy Tahoe Z71 (old style)

  5. #5
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    TRPLXL2's Avatar
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    I would go for it, I speak from personal experience about auctions. I had my truck reposessed last year and they took it to auction, and I had over $70,000 invested in it with 10,000 miles on it, and some one bought it for $20,000 which was a steal. Hell after that I would buy a repo car at auction, you just can't think about the poor person who lost there vehicle.
    2004 Chevy Colorado
    LS1 5.7 swap/TBSS rear axle swap

  6. #6
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    murdog94's Avatar
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    Welcome aboard.
    Mike

    Currently

    1997 Chevy S-10 Blazer 4X4 with 330K miles and counting (Hunting rig).

    2009 Saturn Aura XE (wifes car)

    2011 F-150 Crew 4X4

    "Hold it to the floor till you see God.... Then Brake!!!!"

  7. #7

    Default

    I used to buy a lot of auction vehicles for resale but I've slowed down buying the last few years and focused on other types of buisiness. I'm not familiar with this particular auction house but that means nothing because their are so many auction houses no one person could know them all.

    The salvage title could be for anything, the truck could've taken a dunk in water which is popular for a salvage vehicle with no outward signs of problems.
    It's offered by a dealer of some type, which means it was probably owned by a buisiness not a private individual.
    Repairs were started but not complete, which means after they replaced some parts they found more damage somewhere that ran repair cost's high enough to total the vehicle.
    In the world of auctions any vehicle has the potential to be a great deal or a huge nightmare, their are no guarantees or warranties.
    With the information available I would probably bid but only knowing that even though the description says driveable the vehicle will require repairs, the description does not say "road ready" or "Street legal" a description that makes me think I could drive it home and continue to drive with no problems.

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