Looking for a dealer who buy from the auction for me!

[superbundance]

Willing to pay $500

PM me!

Must me transparent and honest dealer.

Will pay extra bonus if I am very happy.

[TodayHello]

rofl

[superbundance]

rofl

was is the transparent and honest thing?

[tyfriend]

rofl

rofl

I just saw your sig, but I always thought it was cheap, reliable, fast. Choose 2. Times are changing...

[Jucius Maximus]

Avoid Suzuki of Oakville. They do this for a commission of $500 but I have had some dealings with them... :mad:

[AGR-1]

Are Auctions Honest and Transparent?

Do Auctions function on "Caveat Emptor" basis?

Go to North Toronto auction you can buy directly.

[stuntman]

"experts" that bought cars for individuals use to be in fashion for about 5 minutes. Generally, people found little value in the service.

Why not buy it yourself?

sm

[Pete_Coach]

[QUOTE=superbundance;8261461]Willing to pay $500
PM me!
Must me transparent and honest dealer.
Will pay extra bonus if I am very happy./QUOTE]

What makes you think the car on the lot is going to provide the dealer with $500 profit, and no bonus? If a dealer makes $500, he is a happy guy.
Perhaps you are hearing and believing some urban legends about how cheap cars at auction really are. At auctions, very rarely do you get a drive away ready car. Most are as is, where is and the buyer needs to get it on the road, with all the expenses that entails (safety, e-test etc)

[superbundance]

Are Auctions Honest and Transparent?

Do Auctions function on "Caveat Emptor" basis?

Go to North Toronto auction you can buy directly.

I never said I was looking for a honest and transparent auction.

If your re read my post you will see I was looking for a dealer who I can work with on a straitforward basis.



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If I save some money and something goes wrong it is alot better than spending full price and something goes wrong.

You can also return cars to the auction. You can spend $90 and do an inspection before you take it off the lot and if they are any major problems you can send it back. You also have 7 days to to see if the vechile has been in a accident.


Look folks, anytime you buy a used vechile you take a risk. I am willing to take on a bit more risk, so why does that seem to offend people?



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Pete - I suspect the markup is 15-20 % in most cases.

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Alot of people want this service and are looking for dealers to use their skills and backround to help them.

A few of them have already PMed me!!

[AGR-1]

No one is offended, you are looking to buy retail from a wholesale auction that sells to dealers.

Go to an auction and see how easy it is to have vehicles checked, and what is normal since its a wholesale auction, see how long you have to "kick back" a car.

How can a dealer be transparent and honest from a retail perspective, when the auction process is not retail oriented.

Go to an auction pick out 2-3 vehicles that are of interest to you, you will need alternatives in case you get outbid, and when other bidders conclude that your dealer is with a retail buyer (you) see what happens!

The other alternative is that you buy the vehicle online, based on the information on the screen, then see how much recourse the dealer has to return the vehicle if you don't like.

Its not how much more risk you are prepared to take. Its are you ready to have a dealer purchase a vehicle for you, pay for the vehicle, then go pick up the vehicle.

You might get fortunate and get a deal, or you might get unlucky and have several bidders bid against you on every car. Auctions are a mechanism to maximise selling prices, not lower selling prices.

Since most floor bidders (dealers) know that online bidders might have a retail buyer sitting with them...what do you think happens? In most instances the online bidder must step up to own a car.

There are dealers that will gladly show you their auction invoice plus 500 or 1,000 depending on the car, plus what is required to recondition the car.

[jerryhung]

I wouldn't do it

Dec 2007 we were not smart enough to pay $1000 deposit to Wholesale Autos Broker in Toronto (on Weston Road) to bid a G35 coupe for us (under certain price range), and he got 2 tries and never won anything (outbid)

We couldn't wait and bought my friend's car instead and the owner (Tony) refused to return our $1000 deposit (CIBC VISA didn't help either) and would only return it in forms of credit

That was a mess... we ended up arranging rustproof through his friend to "use up" the $1000. Sigh...

[fireguy9]

Done this twice and went with to select first and second choice. Cars were all lease returns at milton dealer auction. Got my first choice within $500 of estimate it would sell for and fee was $500. Saved few grand and got a certified good car.

[cynick]

Go to an auction pick out 2-3 vehicles that are of interest to you, you will need alternatives in case you get outbid, and when other bidders conclude that your dealer is with a retail buyer (you) see what happens!

...

Since most floor bidders (dealers) know that online bidders might have a retail buyer sitting with them...what do you think happens? In most instances the online bidder must step up to own a car.


So other dealers at the auction would pay more money to buy a car, so that you don't get it?
It's an auction - you don't have to "win" at any price, for the sake of winning. If your dealer is decent, you won't get into such trouble..

[iam_immigrant]

Done this twice and went with to select first and second choice. Cars were all lease returns at milton dealer auction. Got my first choice within $500 of estimate it would sell for and fee was $500. Saved few grand and got a certified good car.


I'll be going down the same route and just wanted to know for things such as e-test and safety...did you trust the dealer enough to do it since you can't really bring a mechanic with you?

Do you mind pm'ing me the info for the dealer you used?

[fireguy9]

I'll be going down the same route and just wanted to know for things such as e-test and safety...did you trust the dealer enough to do it since you can't really bring a mechanic with you?

Do you mind pm'ing me the info for the dealer you used?

You can look over vehicle in auction lot. Certain vehicles are inspected and marked on window prior to auction if they passed a min inspection,,,,,vehicle was driven to a local shop I know and they etested and certified it and deal was done.

[barbotte]

You can look over vehicle in auction lot. Certain vehicles are inspected and marked on window prior to auction if they passed a min inspection,,,,,vehicle was driven to a local shop I know and they etested and certified it and deal was done.

i though only dealer were alloy in the auction site ..no visitor at all ???

[fireguy9]

i though only dealer were alloy in the auction site ..no visitor at all ???

No,,,you go in with them to look at cars and they can drive them around lot etc. Select your car and done. They then attend auction and call you if you win the car.

[AGR-1]

Unless you are a registered dealer, the only way to gain entry to one of the major auctions in the GTA is being a guest of a registered dealer, and supplying a copy of your driver's license to get a guest pass.

At major auctions there is an opportunity to view vehicles, absolutely no opportunity to drive them.

At wholesale auctions contrary to what is shown on TV with collector cars which are retail auctions. Wholesale auctions it takes approximately 60 seconds to sell a vehicle on the block.

Depending on the price of vehicles bids go up by 100 and then 500.

As the vehicles make their way to the block, the vehicle you are interested in, can interest another 20 individuals, all an auctioneer wants is 2 individuals bidding on a vehicle to crank up the price, and start having fun.

[superbundance]

fireguy9, your eyes are turning brown because I think you are full of it. You never bought a car from an auction because what you say makes no sense.

[iam_immigrant]

You can look over vehicle in auction lot. Certain vehicles are inspected and marked on window prior to auction if they passed a min inspection,,,,,vehicle was driven to a local shop I know and they etested and certified it and deal was done.

Do you know what the minimum inspection is by chance? I did not get a chance to find out yet as I am waiting for the guy I am dealing with to come back from vacation.



fireguy9, your eyes are turning brown because I think you are full of it. You never bought a car from an auction because what you say makes no sense.

I am not sure which of his statements to be untrue but this:

No,,,you go in with them to look at cars and they can drive them around lot etc. Select your car and done. They then attend auction and call you if you win the car.

is true. Except I have not heard anything about driving the car around. I am not trying to defend anyone but this is what I have heard from my good friend who has done this.