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Is it Worth Leaving a Traditional Used Car Dealership and Going to Used Auto Auctions Instead?

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Is it Worth Leaving a Traditional Used Car Dealership and Going to Used Auto Auctions Instead?

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Recently, due to the recession and an economic slump, a lot of people have started going in for used cars instead of getting a brand new car out of a dealership. There are two ways in which you can get your hands on a used car- firstly, you can go to a traditional dealership that deals with sale of used cars and secondly, you can visit one of the many used auto auctions. There are a number of myths surrounding these auctions and people usually feel that it is safer for them to go to a dealership instead. You would, however, be surprised to know that most dealers dealing with used cars actually get a lot of their inventory from such auctions itself and sell those vehicle at 50% to 75% higher rates than they had actually purchased it. Yes, if you are paying 90% less than the anticipated market value of a vehicle at an auction, you can expect some malfunction, but it would be worth the risk and usually, the vehicles run just fine. Although, it is a known fact that you are safer while deal

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