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The Used Car Dealer You Never Knew Existed
The United States Government has vast amounts off every kind of vehicle. They keep them for each agency to use for official business. When a vehicle gets to be a couple of years old, it is retired, and replaced with a newer model. This is done to keep them from wearing out, and breaking down, which would disrupt government business. When a vehicle is retired from government service, it is sent to a public auction where you can bid on it, and purchase it.
When a car goes to the auction, you are allowed to inspect it before the auction to make sure there is nothing wrong with it, and there usually is not. Government vehicles are kept in top condition, and regular maintenance is performed on them. When the bidding starts, anyone can bid on them. The high bidder gets the car, no matter how low his bid was. Most cars sell significantly below what they are worth, and a few have sold ridiculously cheap. Cars that are nearly new have sold for less that one thousand dollars. This is a rare exception rather than a general rule, but it has happened.
Vehicles seized from criminals also make it into government auctions, and some of these are nearly new. Sometimes only months old. Some cars that are seized, and go on the auction block have been known to have expensive custom upgrades, or high performance parts installed in them. This will raise their value, but usually not their auction price.
Salt Lake City new cars dealer thrilled to see Toyota models on Best Resale Value list
When buying a new vehicle we often think more about the purchase price than the resale value. But for consumers who like to trade in for a new model every two or three years, resale value is a huge deal. Buyers of Salt Lake City new cars will be glad to know that Toyota vehicles maintain their resale value quite well.
And that’s not just opinion. Kelley Blue Book awarded Best Resale Value to several Toyota models. Kelley based its selection on how well new vehicles retain their appeal after five years. Toyota models are known for retaining their value, so this should come as no surprise to Salt Lake City used car owners.
In fact, Toyota had more vehicles on the list than any other auto maker this year, and most of the Toyota models have held their spots for at least two years running – some for as long as nine years. Toyota definitely goes beyond lip service when it comes to producing quality vehicles.