I know it keep the consumers out so the dealers can competes below the retail price but why would anyone who want their cars gone sell it at a place where everybody unwilling to pay retail price than just go to a public action and sell it to the consumers?
In: Other
Most dealer auctions are cars that should be sent to the scrap yard. The idea being dealers get them cheap, invest money fixing them, and then turn a profit selling them on to the public. If you let the regular public in they would over bid on the car and then have no money left for fixing it up. Thus leaving dangerous cars on the road. Source my family and I have owned dealerships in the past.
Latest Answers