Car Auctions | Clipmarks


	Car Auctions

anakin_123

4-19-2008 2:04 AM

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tags:

government car auctions, public car auctions, car auction, car auctions

anakin_123 says:

An auction is a process of buying and selling goods by offering them up for bid, taking bids, and then selling the item to the winning bidder. In economic theory, an auction is a method for determining the value of a commodity that has an undetermined or variable price.Welcome to the world's best free car buying guide for buying new cars, used cars, auto leasing and avoiding car buying scams.

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The auctioneer provides detailed information about the respective vehicle for sale, makes appropriate announcements about the vehicle, discusses with the seller their price expectations and calls for bidders from the lane. The auctioneer manages the bidding process and assures that interested buyers are acknowledged in the bidding. Once there are no more additional bidders on a vehicle, the auctioneer will complete the sale - or discuss alternatives with the seller if the car did not meet the seller's minimum price (also known as the "floor price") - and all of this is done in about 60 seconds.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/FE97DC89-A5B2-46DB-8D94-210DE40BAA5C/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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