Would you buy a car from a dealer that bought the car at an auction?

oldaccount · 12-05-2009, 03:57 PM

I found a M coupe with 5,600 miles on it that I will be going to look at and test drive next weekend. I spoke to the dealer selling it (its in the used car showroom at a lamborghini dealership) and they said it was purchased at an auction in Pennsylvania, and it was a originally a leased vehicle in New York. I know a carfax wont tell you much of anything, but it checks out ok, and the car was brought in for its 1,200 mile service by the original owner. Everything seems ok so far, but I dont know why a car like this would ever end up at an auction. Does it sound legit?

MisterSkiMask · 12-05-2009, 04:35 PM

sure, most lease returns wind up at auctions (especially these days), if the car was traded in at a dealer that doesn't handle that brand they will send it to auction quickly.

I know the Porsche dealer near me will only try to sell an off brand (in two recent cases an Aston Martin, and a Maserati) for 5 or 7 days then get rid of it.

stickypaws · 12-05-2009, 07:29 PM

Yeah, don't worry. Most cars come from auctions. Dealers low ball on trade-ins with the idea that if they may not be able to sell the car off the lot in a reasonable amount of time, then they'll send it on to the auction where another dealer make pick it up.

A used dealer's lot inventory is planned out to sell cars and to bring in customers to buy new cars. Some cars are brought to the lot thru direct trade-ins and others from auctions.

oldaccount · 12-05-2009, 08:02 PM

Ok, thanks guys. I was kind of concerned when the dealer told me, "I dont know why this car was at an auction; usually only high-mileage cars make it to auctions." Guess it's legit, though.

gonzo · 12-06-2009, 11:34 AM

I had to send a couple of cars to auction over the years.

No buyers/ultra low ballers leaves little choice when you have to unload them.

You should be fine. Nice car too. What year?

ianbiz · 12-06-2009, 01:25 PM

ask to go for a drive in a lambo before you sign

Shieldze1025 · 12-06-2009, 02:17 PM

Quote:

Originally Posted by ianbiz

ask to go for a drive in a lambo before you sign

then he wont want to buy the car b/c it'll seem slow!

oldaccount · 12-06-2009, 02:47 PM

good to know that it's having been an auction car doesnt make it shady. thanks.

Quote:

Originally Posted by ianbiz

ask to go for a drive in a lambo before you sign

i actually thought about doing that, as ive never driven one. they have a sweet gunmetal grey superleggera thats calling my name.

12-05-2009, 03:57 PM	#1
oldaccount Colonel 171 Rep 2,455 Posts Drives: Car Join Date: Jun 2006 Location: USA iTrader: (2)	Would you buy a car from a dealer that bought the car at an auction? I found a M coupe with 5,600 miles on it that I will be going to look at and test drive next weekend. I spoke to the dealer selling it (its in the used car showroom at a lamborghini dealership) and they said it was purchased at an auction in Pennsylvania, and it was a originally a leased vehicle in New York. I know a carfax wont tell you much of anything, but it checks out ok, and the car was brought in for its 1,200 mile service by the original owner. Everything seems ok so far, but I dont know why a car like this would ever end up at an auction. Does it sound legit?
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12-05-2009, 04:35 PM	#2
MisterSkiMask Banned 149 Rep 2,014 Posts Drives: I Can not say Join Date: Nov 2005 Location: you must not know iTrader: (0)	sure, most lease returns wind up at auctions (especially these days), if the car was traded in at a dealer that doesn't handle that brand they will send it to auction quickly. I know the Porsche dealer near me will only try to sell an off brand (in two recent cases an Aston Martin, and a Maserati) for 5 or 7 days then get rid of it.
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12-05-2009, 07:29 PM	#3
stickypaws Dictator 55 Rep 1,811 Posts Drives: people crazy Join Date: Mar 2008 Location: where you want to be iTrader: (0)	Yeah, don't worry. Most cars come from auctions. Dealers low ball on trade-ins with the idea that if they may not be able to sell the car off the lot in a reasonable amount of time, then they'll send it on to the auction where another dealer make pick it up. A used dealer's lot inventory is planned out to sell cars and to bring in customers to buy new cars. Some cars are brought to the lot thru direct trade-ins and others from auctions.
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12-05-2009, 08:02 PM	#4
oldaccount Colonel 171 Rep 2,455 Posts Drives: Car Join Date: Jun 2006 Location: USA iTrader: (2)	Ok, thanks guys. I was kind of concerned when the dealer told me, "I dont know why this car was at an auction; usually only high-mileage cars make it to auctions." Guess it's legit, though.
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12-06-2009, 11:34 AM	#5
gonzo Lieutenant General 10318 Rep 14,445 Posts Drives: as many as possible Join Date: Jan 2007 Location: TeXXXas iTrader: (0)	I had to send a couple of cars to auction over the years. No buyers/ultra low ballers leaves little choice when you have to unload them. You should be fine. Nice car too. What year? __________________ Crazy Diamond
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12-06-2009, 01:25 PM	#6
ianbiz Back in a BMW 205 Rep 5,208 Posts Drives: 2015 335i Msport Join Date: Jul 2007 Location: Dallas, TX iTrader: (8)	ask to go for a drive in a lambo before you sign __________________ Ian
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