Wednesday, May 28, 2008

Question 2 (What does passed mean?)

Simply put. Passed means the price offered during the auction is not high enough for the vehicle to sell.

Impotant note....
Remember! All cars that run Green light (as you know from the Question 1 post below) come with a gaurantee good motor and transmission. Hence a value is attached to them. If this value is not met and the company chooses not to sell the vehicle then the vehcile is passed on.

What happens to the car once it is passed?

The vehcile may go in the next Saturday or Wednesday auction or be brought to a Dealer Auction where the public cannot buy it.

No comments:

Why Interstate Auto Auction?

Interstate Auto Auction allows you to test drive all our vehicles on our 11 acre facility EVERY Wednesday from 9am-5pm Rain or Shine so YOU can buy with confidence. Interstate Auto Auction start time is at 6pm where you, your family, and friends can participate in our indoor Auction bay with seating, music, and refreshments!
VIEW OUR INVENTORY 24 hours a day 365 days a year
YOU NOW HAVE FULL ACCESS TO VIEW THE LARGEST SELECTIONS OF WHOLESALE PRICED VEICHLES THAT IS SECOND TO NONE!!