How I bought at car at an auto auction
that was less than one year old for half of the MSRP.
The car I currently use every day was purchased at an auto auction. It's a Dodge Neon ES with CD player, power locks, power windows, etc. Want to learn how I got a car less than one year old for half of the MSRP?
- Dodge Neon ES with CD Player and power everything.
- Less than one year old at time of purchase.
- Only 10,000 miles on the odometer.
- I bought at an auto auction for $6,600.
The automobile was abandoned in Avondale Estates. The Dekalb county police had it towed since it was abandoned. It was towed to S&W Towing. After 90 days a Georgia judge retitled the car in Georiga and S&W Towing sold it at an auction held on their property.
I purchased the car which was less than one year old at their weekly auction. The automobile had only 10,000 miles on it when I got it. Here's the best part, the price was $6,600. That's right, I bought the practically new car for only 66 hundred. I've never had a problem with it and I've never been happier with a car.
I paided it off right away. I had to pay cash at the auction. Actually, I had to come up with the cash within a week of the auction. I used some money from my bank account. The rest was a cash advance on a credit card. I had a 6 month zero percent interest card so I avoided paying interest. When needed, I transferred the balance to other zero interest cards. That means I wasn't paying interest to a bank for my auto loan.
Plus, I don't have the bank forcing me to carry collision insurance on the car. I own the car outright. That means I save each and every month on automobile insurance bills.