NJFBOA - Home of New Jersey's Camaros and Firebirds - View Single Post

jims69camaro · 09-23-2009, 03:22 PM

yeah, it wasn't "traded" in, it was bid for on the auction block after the original owner didn't make his payments.

it is rather quick, though. i mean, figure they repo'd it after 3 months and then they give you an option to pick it up for the full amount owed before it hits the block (usually 30 days) and then it hits the block. dealers will then bid on it, and transport it to the dealership. i figure 5 months max, and i don't think (unless you ordered one) that they were on the new dealer lots back then...

maybe my math is screwed. in any event, they must be crazy if they think ANYONE is going to pay new car price for a used car. they must be up high for plenty of room to negotiate, which Saturn dealers aren't supposed to do.

09-23-2009, 03:22 PM	#12
jims69camaro Avatar Abuser Join Date: Aug 2004 Location: 08721-1716 Posts: 5,056 iTrader: (0)	yeah, it wasn't "traded" in, it was bid for on the auction block after the original owner didn't make his payments. it is rather quick, though. i mean, figure they repo'd it after 3 months and then they give you an option to pick it up for the full amount owed before it hits the block (usually 30 days) and then it hits the block. dealers will then bid on it, and transport it to the dealership. i figure 5 months max, and i don't think (unless you ordered one) that they were on the new dealer lots back then... maybe my math is screwed. in any event, they must be crazy if they think ANYONE is going to pay new car price for a used car. they must be up high for plenty of room to negotiate, which Saturn dealers aren't supposed to do. __________________ JSFBOA Save a life. N = R* fp ne fl fi fc L