Without a doubt, these are trying times for all of us. Let’s think about automobiles for a moment. Some people have just bought new cars in the last couple of years. They find themselves having their beautiful cars repossessed by the finance company before they know it. What an embarrassment this can be for you with your neighbors if it hasn’t happened to them as well. What are you going to do now that you don’t have a car, your credit is ruined, and you desperately need a car?
Perhaps you’ve been unemployed or underemployed for a long time. You’re well aware of what it’s like to be in a difficult situation. You’re not sure if your old clunker will make it for another month or not. You don’t want to take your children in the car because it will be unsafe for them if it breaks down on the road. You need a new car, but taking out a bank loan and paying a high interest rate is not an option for you. What are your options?
Many cities have a location where used cars in montclair can be purchased, often at government auctions. Some of these vehicles have been repossessed, the police have seized others, and others may have been abandoned. The government has assumed clear title to these vehicles, and they will put them up for sale once a month or as needed, depending on how quickly their lot fills up. If you don’t know much about cars, it’s a good idea to ask around among your friends and family to see who might be willing to accompany you to the sale.
In many cases, the yard will be open for a couple of hours the day before the sale, and then open early the day of the sale so that you can walk through the cars and check out cars that might interest you. They’ll drive up to the staging area and take bids once the bidding begins. You must be able to pay a certain percentage down right away if you are the winning bidder. This is contingent on the sale.