Every day thousands of Americans default on their car loans or lease payments... as a result, their new or almost new cars get repossessed by the financial institutions and auctioned off in a hurry, because the cost of storing the cars outweighs the banks' ability to try to make the lost money back (same with police auctions, etc.). Consequently, lucky people who have access to direct sources where the cars are being sold would find themselves overwhelmed by dirt-cheap offers that look unbelievable to the average car buyer. This is real and is being taken advantage of by many car dealers. So why wouldn't everyone buy a car this way, instead of the usual going to the dealer or classified ads routine? Because this is a very protected source of revenue for the majority of car dealerships and is not advertised to the general public. However, we have gathered enough information and access rights to be able to let our members enjoy a multitude of the direct sources where one could find their next vehicle with up to 90% savings off the book value price.
- posted
17 years ago
formatting link