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Discuss Hello, I'm new to the forum, and being a dealer. in the Blogging and the Car Business forum at Car Dealer Forums; Hi my names Ash, I just got my used car dealer license a month ago, ...
  1. #1
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    Question Hello, I'm new to the forum, and being a dealer.

    Hi my names Ash,
    I just got my used car dealer license a month ago, was wondering if you guys could give me tips on how to bid right at auctions and getting thee right car for the right price, like I recently messed myself up already by buying a 93 jag xj6 for 1600 lol, clean body though but it needed a transmission decoder module + relfash, which i didnt want to spend on, so i decided to put it back in the auction hopefully to recieve my money back(or close to it). story of my life no one is bidding on it, any ideas on how to get rid of it? Another thing is I just got approved for a floorplan credit line with AFC, but whenever I'm at the auction it seems like dealers are paying close to retail for cars(well whatever the cars I bid on) for example a 1998 toyota sienna, market value at the auction is 3400, the bidding went all the way up to 4500? how come? I dont want to make anymore mistakes over paying for cars again. any pointers would be nice, thank you.


    › See More: Hello, I'm new to the forum, and being a dealer.
    Last edited by UsedAutos; 09-08-2011 at 03:21 AM.

  2. #2
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    Default

    anybody? lol

  3. #3
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    Default

    What can I advice is not to buy car from an auction . Sometimes it is for a collection but not all cars are in good condition. However if you have car parts in your garage you can easily fix it.

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