|By PR Newswire||
|January 13, 2014 09:08 AM EST||
LOS ANGELES, Jan. 13, 2014 /PRNewswire-iReach/ -- Online auto auctions are some of the best places to get quality used vehicles for cheap. There are plenty of websites out there that let you search and bid in these auctions, making the whole process a lot easier. Since some of these sites are unreliable or even straight up scams, it's best to know something about how they work prior to using them. This article will:
Give you a rundown on what different types of used cars auctions are and how they work.
Vanish some myths about auctions.
Explain why certain sites should be avoided.
Provide information about the most reliable auction sites on the web.
What are government and police auctions?
Legally, government agencies must open any surplus or seized items for sale to the public. That means that whenever the police or customs has seized vehicles, whenever the military has surplus car parts, or whenever a home goes into foreclosure due to loan default, those items and properties are open to be bought at auction by you. Since they must be sold, you can often find quality items, like cars, trucks, and other vehicles, for way less than their usual market price.
What are Fleet Lease, Bank Owned or a Repossessed car auctions?
Another great source of buying a good quality car from an auction are the auctions, which sell fleet lease cars, or bank owned cars or repossessed cars. We will define all of them for you here:
Bank of financial institution cars are the cars returned back to the banks or financial institution as a lease trade in or simply because people are not able to make payments on their car loans. Usually banks and financial institutions are auctioning such vehicles
Fleet Lease cars are the cars which been owned by companies for business purposes such as Rental companies cars, or construction companies cars or taxi cars, or any type of cars used for business. Companies at an interval of 5 years usually change these cars and they sell them at auto auctions.
Repossessed cars are the cars which been taken from people which where delinquent on their car loan payments. Dealers or Repo Companies are required to sell the repo cars at auto auctions.
What are Tow Auctions?
Several hundred thousand vehicles are impounded in each city every year. Of these, around two-thirds are redeemed by the owners, but the rest of the cars become city property and are divested through public car auctions.
How do I find car auctions?
Government, police, tow, bank, repo, fleet lease auctions happen all across the continent, at many different times, and by many different methods. That being said, you do not need to pay to get access to auction listings. Federal, state, and local governments and banks, financial institutions and repo companies list all their auction information online for free.
Is it actually possible to get a brand new Mercedes for $50?
Sure it's possible, but it's about as possible as that brand new Mercedes being a flying car and take to to the moon. Finding vehicles and other items at a fraction of their market price, however, is not just possible - it's very likely. Since these items are acquired at no cost, like seized items, or at a considerable discount, like surplus items, the agencies selling them just want to get whatever money they can for them. The prices vary from auction to auction, but every one will have cars priced way below market cost.
What's the "secret" to getting the best deals from these car auctions?
Sorry to break it to you, but there are no amazing, brilliant, fix-all secrets to getting the best deals, and any site that says otherwise is just trying to coax you into spending money to become a member on their site. Your best friend when looking for deals is your common sense. Use that and research the market value of the vehicle you're buying, and you'll be cruising in a quality vehicle in no time, with minimal impact on your wallet. It may be impossible to get a full, independent inspection on an auction vehicle, but it is even more important than usual to get a vehicle history report, the most important step to protect you when buying any used car!
How can I tell if an auction site is unreliable or a scam?
To save you the time of going through such a hassle, we have personally checked the reliability of a number of auction sites by buying memberships, and the only one that we would recommend to you is Repokar.com. Most other sites we found, even those recommended by other supposed authorities, turned out to be either a waste of money or an outright scam. Some charged $40 a month to show eBay listings. Others had actually falsified legally-required contact information for their website domains, and were impossible to contact by phone or email. A few were legitimate, but charged too much and offered too little, and none had a free trial.
So, we strongly recommend you stick with Repokar.com, which we have personally verified to be a great site with Free Membership for buyers. But if you find another site that seems promising and want to check it out, be sure to:
Try contacting them before giving them any money. Having a working phone number doesn't guarantee a site is good, but not having one is sure sign to stay away.
Check them out on the Better Business Bureau. I would avoid any company with a rating below A-.
Repokar.com lists auctions from federal agencies, banks, insurance companies, fleet lease companies. You can find a list of every state's car auction inventory here, and you can do a search for auction information by seller type, buy make and model and by city and state.
Where should I look for vehicle auctions?
There is a wide variety of auction sites on the web. Repokar.com and eBay Motors are some of the best options available to you.
Media Contact: Ally Trust, USA Link System, 2134228011, [email protected]
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
Mar. 29, 2017 06:30 AM EDT Reads: 6,246
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, will discuss how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He will discuss how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
Mar. 29, 2017 06:00 AM EDT Reads: 2,814
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
Mar. 29, 2017 06:00 AM EDT Reads: 9,031
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to transi...
Mar. 29, 2017 05:00 AM EDT Reads: 6,404
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Mar. 29, 2017 04:00 AM EDT Reads: 15,079
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Mar. 29, 2017 04:00 AM EDT Reads: 3,175
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 29, 2017 03:45 AM EDT Reads: 2,130
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Mar. 29, 2017 03:30 AM EDT Reads: 3,209
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Mar. 29, 2017 03:30 AM EDT Reads: 3,349
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Mar. 29, 2017 03:30 AM EDT Reads: 11,752
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Mar. 29, 2017 03:30 AM EDT Reads: 3,212
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Mar. 29, 2017 03:00 AM EDT Reads: 6,068
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
Mar. 29, 2017 01:45 AM EDT Reads: 5,440
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 29, 2017 01:15 AM EDT Reads: 9,282
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Mar. 29, 2017 01:15 AM EDT Reads: 2,487