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Secrets for Buying Wholesale Cars: How to Buy a Car & Get a Deal

Jun 12, 2008
For many, the buying of a new car can be a major financial endeavor and often puts a strain on the budget. Because of this, there are few people who could not benefit from learning the secrets behind wholesale car buying. For many people with limited incomes, buying a car at a wholesale price may be the only option available. But, even the very rich take advantage of purchasing luxury cars and save many thousands of dollars with a little knowledge of the wholesale car buying market.

The key is knowing where and how to buy a car at wholesale costs. So where do you start?

Government sponsored car auctions can often provide wonderful new and used car deals to people who are hunting for wholesale car buying prices. The government sells these cars from its various departments such as the IRS, the FBI, HUD, etc. These auctions are sometimes open to the public and can provide great opportunities for locating wholesale cars for purchase. All it takes is a little bit of knowledge on where and how to buy a new car cheaply.

Wholesale car buying prices can also be found through other types of public auctions. Today, bankruptcy is increasing--but with it comes potential for finding wholesale car deals. Such auctions can often be found through newspapers as well as in the online world. These auctions provide another alternative for people to purchase cars at wholesale or even at below wholesale prices.

Another thing to know in the process of how to buy a car cheaply is that wholesale cars can be sourced at car rental companies. These companies sell their cars at auction when they are ready to dispose of them. Cars are sold on a regular basis in order to keep the rental fleet upgraded with current models and remain competitive. My last car purchase was originally a rental car and I saved a considerable amount of money in the transaction. A few phone calls should give you needed information as to the auction locations or businesses where they dispose of their used car fleets.

Another thing to know for those who want to learn how to buy a car at a great deal is that many vehicle dealers conduct their own auctions providing another resource for wholesale car buying. Sometimes these auctions are limited to licensed dealers themselves and the general public is excluded. However, in some cases the public is indeed invited and these auctions can also provide a great opportunity for an outstanding wholesale car purchase.

Vehicles that have been repossessed by banks and financial institutions are also put up for auction. These types of auctions are often not open to the public. Some are limited to dealers with special licenses. However, with the advent of the Internet, researching for public auctions which provide wholesale cars has become much easier.

With a little bit of knowledge on how to buy a car cheaply, anyone can get a good deal on a wholesale car. Read up on the process and get organized. A considerable savings of many thousands of dollars can be found on new and used cars (even luxury cars) for those who are willing to learn how to buy a car in the wholesale market.
About the Author
Mark Mitchell is an online researcher committed to helping consumers save thousands of dollars in the wholesale car buying market. Visit his website for a free loan guide and strategies on how to buy a car --new or used--for wholesale prices.
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