Insurance auto auction.

by Guest » Tue Oct 15, 2013 08:46 am
Guest

I want to buy a used 2011 vehicle now with 8,000 miles. The seller told me that it was bought at an insurance auction. The car’s title is also clear. After conducting an autocheck, I got to confirm these data - no thefts, no accidents, single owner, clear title, no repossession, and so on. So, what is the reason for the car ending up at an insurance auto auction?

Total Comments: 2

Posted: Tue Oct 15, 2013 01:16 pm Post Subject:

So, what is the reason for the car ending up at an insurance auto auction?

Could be any number of reasons. Are you sure it's an "insurance" auto auction and not just an auction? It's 2-3 years old with only 8000 miles? That seems very low. I'm guessing it's not a rental then (rental companies sell 1-2 year old vehicles at auctions all of the time when they have been involved in accidents. You need to realize that Autocheck only shows information that is reported to the companies that they pull information from. So it's very possible that the vehicle could have been in an accident and Autocheck would not show this.

Posted: Tue Oct 15, 2013 02:35 pm Post Subject:

I seriously doubt the authenticity of the Autocheck report. There is more here than meets the eye. Then again, we don't know what kind of vehicle this is either. But at 8,000 miles, it has to be either a wreck or a repo, nothing else makes much sense.

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