There are several ways to get a great car for very little money, but auto mechanics warn that sometimes these methods come with a risk. You might get stuck with a lemon and there is no returning it. So, take care in buying and if you can afford a little bit of a gamble, you just might get a hell of a deal.
Auto Mechanic Buying Secrets
First of all, an auto mechanic might have a car they just repaired that the owner abandoned. In this situation, the mechanic is allowed to put a lean on the car and obtain the title. They then sell the car to get their repair bill paid. Ask local mechanics if they have such a situation. The mechanic will likely know all about the condition of the car, so you might get a real deal and also know the condition of the car.
Another place to get a great car cheap is at the auto dealers’ auction. There is one in Fremont, CA, called the IAA. Only dealers are allowed to purchase and sell in this auction. If you have a friend that is a dealer, ask to go along on his/her next buying trip. The risk of buying here is high, because you’ll have no time to thoroughly check the car before buying it.
Another place to look for good deals on cars is at the Title Loan companies around town. When they are not repaid the loan the issued, they will repossess the borrower’s car and then sell it. An auto mechanic knows this is also a risky place to buy. If they were taking out title loans then chances are they did not have the money to properly care for their car. But, sometimes a deal can be found here.
Buying a Car
Always have an auto mechanic check out a car you’re thinking of purchasing, if at all possible. But, of course, the best deals will be in the auction situation. If you can afford to gamble, you just might score an great car.
