I have been checking out some of the auto repossesion auction websites.

I was wondering if anyone here has bought from these companys or knows if they are scams or such.
one i was looking at was www.AutoSourceNow.com

I posted this in the NoVa forums because I have from this area and wondered if anyone around here has had experiences. or knows of any companys on the East Coast.


Thanks

 

sometimes there good to buy from and sometimes not...alot of repo's are not taking care of good. most of them are in poor condition..but then you get some that are kept well..but buying it from a repo actuion you usually get the car very cheap or gotta pay whats left on the loan...in 98 i bought a 95 civic ex 4door from a repo auction that had 45,ooo miles, blue book value was $12,000, i got it for $5,000(not including tags/titling)..also i work for a reposession insurance company so i usually have the inside scoup on these things

 

Thanks

 

Henry's Auto has auctions on the first day of every month, so May 1 check out henrys auto I hear cars go for dirt cheap.

 

where is that located

 

Backlick road right by where nu image use to be. Right before the saab dealership.

 

we repo cars and buy them from the finance company for like 300 and sell em for less than bluebook. fat profit

 

So where are some of these repo auctions held? How can I get info for future dates, location, etc?

 

http://www.henrysauction.com/

 

fredricksburg/ baltimore are the main ones, but there dealer auctions i believe..the best place to get a car is manihem(sp?) auto auction its in PA and its a dealer auction..i have seen cars go cheap there..when the sti's first came out there was a blue one there with about 4k on the clock it sold for 22k, my boy got a 95 rx7 single turbo/volk wheels the works for 7k..he also got a 00 Gs400 for around 13k

the best thing about it is, you can test the drive the cars before you buy them and there's so many cars to choose from that you shouldnt have a hard time finding one

but if your looking for like a cheap EG/s13/EF to buy..goto one of the public auctions in PG county, you can walk away with a decent shaped civic for less than a grand