Tuesday, August 19, 2008

Car Buying on Auction

I brought another car on auction from http://wwiw.auctionvancouver.com/

This is the 3rd car i buy/sell through the same. Do i do it again ? depends but mostly i will go for a private sale or a new car.

Why ?
First car i brought : Pontiac grand AM 2000 SE - $3500 for a 186k km run car
total pay after tax and other fees : 4500+. Now brakes and other tuneups another $1000.


Total spending : $5500. Only maintenance expenses and no problems

Second car : sold old 198x Honda : Sold for $150, in hand after fees $49;

Third car : 1998 Volvo S70 ( i fall in love in first sight but had no idea on price ). Brought for $4000. after fees etc $5000, now in tune ups and breaks, $1000 ( its not with me yet ).

Total $6000, i searched in craigslists : price starts from $4500 to $6000. I am sure they are negotiable.

End result : Its better if you can get car below $3000 than normal buy else :-(.



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