If you have the opportunity, it may be worth your time to check out the quality cheap used cars for sale in Lafayette, LA. Over the past several years, there have been an increasing amount of cars available on the used car market. Recently, there has been a growing trend to place these used cars on online auction sites which makes it even easier to see whats available. The key is deciding where you want to get your used cars from. There are a variety of different sources that place their cars on online auto auctions and each has unique benefits and drawbacks. Here is a closer look at the most common that you will find.
When looking for quality cheap used cars for sale in Lafayette, LA, on of the most common sources will be ex lease vehicles. This is because once the previous owner decides not to purchase the vehicle, the leasing company needs to sell it. Because many of these companies are fairly large and can bring in 10 or 20 cars a day, they need to turn them over quickly, which is what makes online auction sites so useful. The biggest benefit of ex lease auctions is that the cars are normally only a few years old and still have a fairly low mileage.
Another common source of vehicles is from the surrounding governments. This is a fairly broad source. If the car that you like is a listed by the government, there are a number of places that it could come from. It could be a former fleet vehicle, including ex police cars. It could be a car that was impounded for one reason or another. It could even be a stolen vehicle that the owner never claimed. With so many different potential places that these vehicles come from the largest benefit is that you can get a huge selection.
Another common source is local towing companies. These companies are sometimes outsourced by the police to tow vehicles. Sometimes they tow vehicles from garages because the owners couldn’t pay for repairs. There are a variety of reasons that they have vehicles to sell. Regardless of the reason, a single towing company would hardly ever have enough cars to create an auction for themselves, so they will simply put a car or two online once it becomes available to them.
Insurance companies are another common source. Sometimes they are fleet vehicles and sometimes they are vehicles that have been totaled and are now considered to be salvage vehicles. Salvage vehicles are great for people who can get them fixed up inexpensively. Oftentimes, paying to get them fixed, along with the purchase price, can be much less than purchasing a fully running used car.
As you can see, when you are looking for quality cheap used cars for sale in Lafayette, LA, you could end up making a purchase of a vehicle from a variety of sources. Fortunately, online auctions can bring all of these sources into a single place. That means that you get a huge selection and can quickly sort potential candidates based upon your own wants such as by mileage, current bid, make, model, color, and so forth.