Skip to main content

Diigo Home

5 Ways to Save Money at Government Seized Car Auctions | iSpy-Auctions - Live ... - The Diigo Meta page

www.ispy-auctions.com/...10 - Cached - Annotated View

i Spied's personal annotations on this page

justblogit
Justblogit bookmarked on 2008-03-10 Auction Auctions Auto Car Cars Government Seized Used
  • 1. Check the title of the automobile. If it is a rebuilt, take at
    least 30% off its value.
    2. Do a vehicle history report. Compare the odometer
    reading against your report mileage reading. There is a physical method to do
    so. You can always check the brake pedals to see if the wear and tear is
    excessive. If the condition is very worn out and does not seem to tally with
    what the odometer is showing, then there is a high chance that the car’s
    odometer has been tampered with to show a low mileage.
    3. Deduct the value if
    the car has exceeded the average mileage. There is a standard for the annual
    mileage of vehicles. According to the US Department of Transportation, on annual
    average, a car is driven for 13,500 miles. If the car you are interested in
    bidding has crossed the average, say by 1000 miles, take this figure and
    multiply it by 15 cents per mile exceeded. This is the value you should deduct.
    In this case, it is $150.

This link has been bookmarked by 1 people . It was first bookmarked on 10 Mar 2008, by i Spied.

  • 10 Mar 08
    justblogit
    i Spied

    Auction Auctions Auto Car Cars Government Seized Used

    • 1. Check the title of the automobile. If it is a rebuilt, take at
      least 30% off its value.
      2. Do a vehicle history report. Compare the odometer
      reading against your report mileage reading. There is a physical method to do
      so. You can always check the brake pedals to see if the wear and tear is
      excessive. If the condition is very worn out and does not seem to tally with
      what the odometer is showing, then there is a high chance that the car’s
      odometer has been tampered with to show a low mileage.
      3. Deduct the value if
      the car has exceeded the average mileage. There is a standard for the annual
      mileage of vehicles. According to the US Department of Transportation, on annual
      average, a car is driven for 13,500 miles. If the car you are interested in
      bidding has crossed the average, say by 1000 miles, take this figure and
      multiply it by 15 cents per mile exceeded. This is the value you should deduct.
      In this case, it is $150.

Top Tags