How a Car Auction Works...Cars are for purchase on Wed's & Sat's. With No Money Down Place Bids On any Cars online or onsite in Salem NH. If this is your 1st time using an Auction it can be a little confusing at first, but that's perfectly fine. Using the Auction Process is one of the best decisions you will ever make and is both easy and fun! Using a Auction Process to buy your car is like having your negotiation skills powered up on steroids. Rather than starting at a High Dealership Price a Auction has it's Auctioneer ask for a LOW wholesale price. Usually about 75%off the Retail Price.
Then the Auctioneer takes bids of $100 increment from the audience. When you hear a price you like you simply raise your hand or click your mouse from home. That's it! With Hundreds of cars to choose every week their are more than enough cars to go around for everyone keeping the prices extremely low! This gives you incredible buying power and it's why you should consider buying at our Public Auction.
Then the Auctioneer takes bids of $100 increment from the audience. When you hear a price you like you simply raise your hand or click your mouse from home. That's it! With Hundreds of cars to choose every week their are more than enough cars to go around for everyone keeping the prices extremely low! This gives you incredible buying power and it's why you should consider buying at our Public Auction.
Condition: Also know that these cars are, "Auction Cars". At our Auction cars have a Good Running Motor & Transmission,but being a "Auction Car" it does not come in tip top showroom condition. The cars need some love. So before making an offer you should consider test driving it on Wed's or Test Starting it on Sat's.
Payment: When you are done bidding for the day, go to the office & present your bidder number to the cashier. You may pay with Visa, MasterCard, Cash, or certified funds. A $300 deposit is required for each vehicle at the time of your successful high bid. The balance is due the following business day by 5pm. We do not finance, but you bank or really any banks are very accommodating to give car loans to you at low rates, especially at these low prices!
2 comments:
For those who are not able to make it up to NH for a test drive, what does it mean that the cars do not come in showroom condition? Are their deficiencies cosmetic or will a buyer have to immediately take their car from the auction block to the mechanic?
Yes Jelqer, You can immediatley take your car from the Auction block to your mechanic!
Showroom condition refers to these cars being used and not in mint condition, polished buffed and waxed. Yes of course the cars may have a cosmetic issue like scratches or a dent or other small matters like a button missing, need new tires or need a o2 sensor. This is why you are saving 50%off the Retial price and why car dealers buy at auctions. For a simple $400 in small repairs you save $2,000- sometimes as much as$5,000 off the dealership.
Remember all a dealer does is buy the same car as you fix it up and charge you the retail. At Interstate auto auction you cut out the middle man and buy direct.
Regards
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