Used Cars At the Dealer Auctions Are CRAP | Use This Trick to AVOID THEM 

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At one point, I traded a piece of crap vehicle that I hated to see end up being purchased by an unsuspecting buyer. The car looked great. It had low mileage and was a vehicle that was desireable. The left front subframe was totally disintegrated due to salt. Amazingly the rest of the car was decent. But it was a serious safety issue to drive. Before I traded it, I made the dealer very aware of its condition and they promised to wholesale it in a neighboring state that has no state inspection. They kept their promise. However…….before trading it I hid multiple papers throughout the vehicle describing its condition. I hoped to save at least one unsuspecting buyer. Mission accomplished. In fact, two people who purchased the car found a hidden note. Both returned it to the seller for a full refund. I had included my phone number on the paper. I didn’t know what else to do.

I'm more worried about lack of maintenance from repos.

In a previous video, you said the letter P at the start of the stock number means bought at a auto action. This video did not say that at all. Please explain the confusion.

Do a vid on avoiding flooded cars. Apparently, they are being shipped out of FL nation wide.

Most volume new car stores dont keep the perfect low mileage trade ins on the lot - they get wholesaled at the auction and at those auctions you can find the perfect 10 to the crappy 1 -- the only difference for the consumers is what your dealership purchased there and brought to their lot to sell to their customers -i have been to some independent lots and some franchise lots that only carry the great condition perfect history cars and i have been to more franchise lots that carry the worst condition used cars as a way to force shoppers into new .

I enjoy your channel, very informative. Ray, please stop calling your son "handsome" in every video though. I'm a parent also, so I get it, but it's got to be embarrassing for Zach as well as cringy for the rest of us. 😂

During the pandemic, people who leased were buying their leases out as the POP price was much cheaper than going to buy a new one. Also, during the pandemic, dealers stopped leasing as they were getting over MSRP if they went retail so now there are very few leases coming back 2 years later and therefore, less end of lease units available at auctions. Therefore, all you are seeing are poor trade-ins and repos going to auction. This is not to hard to figure out.

So, with the pandemic surge of used cars, many in deplorable condition, resulted in more people with poor credit purchasing the rolling turds of the used car market, relying on corner lot used car dealers who buy the cheapest auction stock. Good 'ol "Lefty's Garage, buy here pay here", and "We Finance, No Credit Bad Credit". Not a warranty insight. Dealers who will replace the 5w-30 with 20w-50 and some motor honey, and put in a can of head gasket repair and sealant compound to the radiator, etc. Their customers are also unable to pay the inevitable on-going repair bills. Interesting explanation on decoding the stock numbers.

Not all cars at auction are junk, but all junk cars can be found at an auction.

I like your rebrand to CarEdge. More recognizable as auto related. YAA was not as descriptive.

So how do you know if it's an auction vehicle? You went over trade-in (A, B, etc...) and loaner (look for an L), but how do you know if it's an auction car?

3 months ago, I bought a used car from a local dealership and within 24 hours discovered some serious issues in the drive train. Dealership took it back, auctioned it off, and now it’s sitting for sale at another dealership half-way across the country. I feel bad for the unsuspecting customer that ends up with it. Makes me wonder how many used vehicles on dealership lots have this type of history.

Yet something else to consider in the various oddities of today's auto market. This morning I was speaking by phone to a body shop manager ( I need body work due to a small accident) who informed me through chit chat that they have around 400 cars on their lot (body shop, not sales) but can only work on 65-70 cars and booked out four plus months. I asked that's not typical is this due to the weather? he say no, it's due to part supply problems. Here's where is gets interesting as related to new/used car sales. He told me that insurance companies are deeming cars a total loss with far less damage than usual because the rental car costs will be so high. For example a 2022 Kia there was totaled at only 40% market value, typical total loss is not considered until the cost of repairs reach 70%. So the lack of available repair parts are to some degree driving used and new car purchasing which means it's just a bit worse than it appears.

Yikes they did not identify an auction car stock number??

3:55 The VIN listed on a used car is not the original VIN?

I can tell you as a car dealer myself you are correct lot of garbage at dealer auction and much worse at public auction be very cautious

All we care about is who the hell owned it before and if it's in good shape...and did anyone get murdered in that car was it used in criminal activities did the owner work at a toxic waste dump and the inside of the car is contaminated that's what the hell we care about

Hell I remember the days dealerships put keys on a big wood board and the lot boys just carry it everywhere from car to car. There was no key vault in those days like dealerships have now

I learn something every time I watch one of your videos. Love how you explained the stock number. Genius!

Numbering schemes have to be pretty simple for the simple people to understand.

I wonder whether the owners whose cars are getting repoed are just destroying them and beating them up, knowing that they’ll probably lose their car. Similar phenomenon occurred during the housing crisis back in 2007 and eight owners of homes stripped and destroyed the houses prior to repossession. are subprime car buyers, somehow harsher and rougher on vehicles? Is it too risky to buy a car that was prior owned by someone whose credit was subprime?

Is the stock number nomenclature an industry standard? to make sure I understand correctly, the last seven digits of the stock number, excluding the suffix, represents the last seven digits of the Vin for the vehicle a customer purchased resulting in the current vehicle landing on the dealer lot?

I always thought that a stock # at a dealer ending with an "A" meant it was bought at auction. Yes, or no? and I know that can be an Ok thing as as well.

Its obviously a supply issue. When new vehicle sales drop the supply of goods used trade in vehicles will also go down. Smart people are holding on to their current cars longer and waiting it out. The ones get sold are the ones not worth keeping.

Dad and Zach on the job again! Thanks for the info. Sorta like decoding a VIN. "Use This One Weird Trick To Avoid Junk Auction Cars"

Guess this explains the wholesale drop st auctions that is not transferring into the retail market. A nice low miles used will always be in demand. Maybe you two Shefka's could tone down the bogus headlines about crashing prices now.

Reverse caveat: buy from a reliable, professional whether or not from an auction. Example---2005 Subaru Outback Limited 145K from a local used Subaru independent dealer from an auction in 2016. Cost $8500. with no negotiation since he was fixed on price. This car did a x country trip coast to coast with NO problems in 2016. It now has 340 K with no major problems ( rear door is stuck closed ! ). Yes, we did an independent inspection. The 2nd car is a CPO 17 Outback off lease bought from a Subaru dealer with the usual negotiated cost and trade in. JMNSHO for auction vehicles.

Just started looking. Stock # … some have only numbers, no letters. Some begin with FP, or W at the beginning A at the end and yet another A at the beginning nothing at the end. None of the numbers have matched the last 6 numbers of the VIN. I’m in ME does the state matter. It’s not making sense.

I am going to buy only a 1 owner car with service record proof, CarFax, of regular service AND oil changes.

Neighbor just offered me a car they don't need anymore for $500 'cause they're moving into a motorhome. It's not what I want, but they say it could be used as a trade-in.

I never had an issue with a dealer's auction cars but I always bought within manufacturer warranty. I presume as well a lot of auctions are perfectly good vehicles that a dealer just doesn't want to sell because they are either too inexpensive or perhaps other reasons.

looking at a 2024 Subaru , 6000 miles . stock # begins with S and ends with B . Says one owner from this dealer. Not sure.

There is no inventory. Period.

Wish the videos were longer

I've watched this video 3x and it is just a bunch of word salad. You contradicted yourselves several time. Please do a correction video as this could be good information for a buyer

A car I'm looking at now has this number. 72275S, nothing about that number is even similar to the VIN. Should I run? It's a 2018 Elantra.

What does this stock number mean :Q5K014A?

CT1773 and TP2952 are stock numbers at a MD dealership. Both stock numbers are for a Toyota used Rav 4. Any ideas for the first letters?

Well of course... if it was a decent vehicle the dealership would have sold it themselves instead of sending it off to auction.

I don't get it

This is truly good information 🙌

Or just run a carfax report.

In my day a Trade in was stocked in as an “A” but if you took 2 Vehicles in Trade the second was “B” etc.

What if the stock number doesn't have any letters in it?

Very valuable, thank you

what about the DO56?

Just went to a dealership to look at purchasing a used car - KIA Soul - it was bought at an auction - salvaged title - 2019 - 23,000 Miles - Recall on the airbags that was not even taken care of! Was going to get a pre purchase inspection done, but my research with the stock number was a telling sign. Kept walking. Really hoping this market will cool off so I can upgrade. Have been running my 2012 fusion, 230k miles and it is still hummmmmmmminnnnn

What does A1 mean?

Thank you all so much.

Traditionally and likely still today new car dealers usually sold a car to auction for a number of reasons. During 2021-22 they might have kept and sold ones they might have normally sent to auction as needed something on the lot and could make some money on. If in rough condition with body or interior damage, significant rust, mechanical or electrical problems needing expensive repairs or reconditioning. Are a known problem brand/model (electrical, engines, transmissions like last generation Ford Focus with the DCT automatic). Had been a 'lemon', with a bad problem history. Very poorly maintained. Had been in a major accident that shows up in a Carfax or similar check. High mileage (over 100K). With some exceptions, more than 7 years old. Odd models or body styles that are difficult to sell. While some used to have a 'as-is' section and sell direct, they don't want the liability risks. Not their 'brand' or that they sell at that site or another.

Here in Chicagoland most of the vehicles that have sold for up to $7k at the dealer only auction need some work, has higher than average miles or both...and for the most part when it sells it goes for well over the MMR or Black Book value... Now when it comes to the private party and retail value KBB and Edmunds (which are full of 💩) will have values to reflect why dealers are impulsively bidding up even near junk vehicles over the MMR or Black Book value... and as I said before, most people here don't do their own VIN check, so most used car dealers get away with selling vehicles that have a rebuilt title and mileage discrepancy.

What would it mean if a stock number had a D at the end

I fw yall channel heavy 💯 Whoever is doing the editing is the GOAT. Always keepin yall boys crispy clean!!

I just bought a car at 4.99%. They allow me 7 days to come back with a better rate. Does anyone have a recommendation on where I could beat that rate?

I'm only looking East of the Nevada line for a Jeep. I sense a high level of deception on the West side of it

What do each letter in a stock number represent? Ty

This guy that text you is a liar lol

What does the letter K mean

I’m not really sure what this buys me.

As I’m looking to buy a used car in the NYC area where is the best place to start looking?

Stock number is the last 6 digits of the VIN# 012703 then C01. C01= Consignment vehicle? CarFax shows 1 owner and "Offered for sale" by 4 different dealerships that had the car AFTER the original and only owner. Please LMK ASAP. Thank you.

Any idea of this stock # B16990

What a bout a stock number M6414UT