Wednesday, June 3, 2009

Specific Buying for Our Clients at Dealer Auctions (Nationwide)


Specific Buying for Our Clients at Dealer Auctions (Nationwide)

Among the many services offered to our clients, H.M. Brown and
Associates, Inc. regularly has buyers at auctions (dealers only)
across-the-nation to buy off-lease, special program (late model year) vehicles specifically for our clients wants and needs.

Since 1997 when this program was initiated, we have successfully
purchased over 1500 vehicles meeting our clients’ specifications.

If you are the type of buyer that must see and drive a vehicle before purchasing, this plan is NOT for you.

How the Process Works
Utilizing our expertise in acquiring all makes and all models of
Vehicles for our clients, we have access to information about vehicles that
are scheduled to be sold at auction (which is a competitive bidding
Arena). We carefully analyze the RECENT historical sales of like vehicles
on both a regional and national basis to assure that the price you
ultimately will pay will be fair and reasonable.

Our buyers have over 35 years of experience in examining vehicles prior
to them being run in the auction lanes. We are very discriminating; we generally will not bid on any vehicle that has had multiple body panels repainted (usually a sign of repaired damage). We will not buy any vehicle that has disclosed frame damage or that has a salvage title. Please be advised: if you are a buyer who must see the vehicle you want to buy, this process is not for you.

At some auctions, over 4,000 vehicles will be sold in one day, in multiple lanes. Each vehicle has approximately 30-45 seconds in which many prospective buyers bid on that car. The auction’s responsibility is to maximize the selling price on behalf of the seller (Lease Company, dealer, bank). Our job is to buy at the lowest possible price in a bidding arena and deliver the car to you at a price within a $1000.00
range, plus tax, (e.g. a 2007 Jeep Grand Cherokee Laredo V8 4x4 -
$21,200-$22,200). For vehicles selling for over $50,000, the range might be $2,000 or more.

Provided that our buyer is successful purchasing the car for us and
ultimately for you, the vehicle will be driven to our office (for Colorado
Auctions). For out of state auctions, the vehicle will be transported
by truck to our office, which generally takes about 14 days. Once the
car arrives, we authorize a local shop to perform a safety check on the
vehicle, and our detail shop will finalize the cleaning and preparation
for you to take delivery of your new car. Most late model year vehicles
purchased will have the remaining factory warranty.

We always run an Auto Check information report , a similar service to Carfax. Any change in ownership or title changes are always shown, with little to no exception. See a copy of a vehicle I recently sold. The auction condition reports will indicate if the visual inspection shows ANY indication of a prior accident, or minimally if the vehicle has had prior paint work. It will also indicate area(s) of condition deficiency, or work that needs to be done to make the car what the industry calls "Front Line Ready". I generally do not even present possible vehicles to customers that require more than 3-4 hours of reconditioning labor. Prior to the vehicle leaving the given auction, we have the auction perform what is called a "frame and mechanical" inspection. We can and would refuse to take the car if a given vehicle had prior damage (that might not have shown in an Auto Check report).

Once the car arrives at our premises, our staff inspects the vehicle for the obvious: no body/transit damage, all features functional, etc. The independent mechanics perform a mechanical inspection per H.M. Brown's specifications. The mechanics inform us of the service work needed to meet our specifications (such as oil/filter change, transmission service, tires, brakes, air conditioning service, emissions test, etc). Once the service work is competed, our shop professionally details the vehicle prior to our customers' taking delivery.

We will consult with you about which vehicle would best suit your needs
and when we (you and us) are in agreement on a vehicle and a price
range, we will forward an Auction Purchase Authorization to you. We take a minimum deposit of $1000.00 (more may be required, to be determined on a case by case basis) from you the day or two before the auction. The deposit will be cashed when we have made a successful buy for you and will be shown as a credit to your account upon delivery. We can also arrange competitive financing and lease terms for you.

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