Is "Reported at Auction" a bad thing?

Asked by daveclt Feb 13, 2017 at 10:06 PM about the Kia Sorento

Question type: Shopping & Pricing

I'm looking at a 2016, low mileage, used car from a reputable dealer.  The list price is about $4k lower than it should be for that model/year/mileage.  And the AutoCheck history (see below) is thin but strange, at least to me.  Are all the "reported at auctions" something to be concerned about?  I haven't seen the car in person yet, so for all I know it could have an obvious problem.  But assuming the eye and driving tests check out, would it be worth it to get it inspected to ease my concerns?  Or should I just save that money and avoid this car?

11/24/15 Motor Vehicle Dept., Lien Reported
07/18/16 Auto Auction, SOUTHEASTERN REGION REPORTED AT AUTO AUCTION
10/13/16 Auto Auction, SOUTHEASTERN REGION REPORTED AT AUTO AUCTION
01/16/17 Auto Auction, SOUTHEASTERN REGION REPORTED AT AUTO AUCTION
01/23/17 Auto Auction, SOUTHEASTERN REGION REPORTED AT AUTO AUCTION AS DEALER VEHICLE

3 Answers

189,385

I WOULD AVOID, TO MANY AUCTIONS IN A SHORT PERIOD OFTIME ANDPRICE IS WAY TO LOWFORTHIS TYPE OF CAR, SAVE YOUR PENNIES AND BUY SOMETHING ELSE,IF ITS TO GOOD TO BE TRUE THEN SOMETHING IS WRONG....GOOD LUCK

2 people found this helpful.
103,035

It's not a kiss of death, it was repossessed and went to the auction house, like Manheim or Adesa which often hold dealer-only repo auctions. Probably had to high a reserve on it so didn't sell at first, although you have no history on vehicle so it might have had other reasons it remained at the auto auction so long. You'll need the carfax or motor vehicle history to know it's exact change of ownership and mileage at each transfer. Because it is such a crap shoot on buying a car with this type of history (or lack of) that is why its value is so much lower than a one-owner well-documented vehicle.

3 people found this helpful.
158,935

Auto auctions are no big deal if they appear on a car check, but if there is a repo on there I would not buy it. Do as suggested and spend a few bucks and run a Carfax on it. Also sometimes "googling" the vin number can come up with additional information.

3 people found this helpful.

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