THE Detran (State Department of Traffic), every year usually holds an event where used vehicle sales are made. This event is usually advertised on social media and media outlets such as TV and radio, with the aim of attracting a number of interested buyers.
Those DMV car auctions can be considered a good opportunity for those who would like to buy a car and still be able to save money. Therefore, today we are going to talk a little about how it works Detran car auction.
But first, for those who are not aware of what the DMV auctions, don't worry, because we will also explain it below.
What is the Detran car auction?
THE Detran car auction is an event in which cars seized in traffic operations are sold at a cheaper price. These cars may have been seized in blitzes and operations in which they were assessed as having irregularities.
For this reason, cars for sale in Detran car auction Most of the time they may contain irregularities, whether in the mechanical or electrical part, or have outstanding debts and fines.
When the car is seized in these police operations, it goes to the yard of the DMV for approximately 90 days. During this period, the former owner must regularize the vehicle's situation, such as expired documents or fines due to irregular behavior while driving the vehicle or even outstanding debts.
This way, if the former owner is unable to recover the car, then it will become the property of the DMV and goes to auction. Generally, these cars are auctioned in lots and are sold on scheduled days and times.
In this way, the new owner who purchases the vehicle must commit to regularizing the car in order to be able to use it. In addition, the event aims to remove these cars from the parking lot. DMV so that they can be acquired by new owners and circulate normally.
During the Detran car auction, the cars for sale are on display in the courtyard of DMV and are divided into lots. Buyers interested in taking the car home can visit them and check their condition, whether they have mechanical faults, etc.
How to participate in the Detran Auction?
To participate in the Detran car auction you need to register on the website DMV, whether for individuals or legal entities, informing the CNPJ or CPF. This way, it is possible to guarantee your place at the event.
During the Detran car auction, the interested buyer who manages to place the highest bid can take the car home. In addition, it is necessary to sign a proof of purchase and pay at least 30% of the bid amount in cash.
It is also possible to participate in the Detran car auction online, on websites of partner auction companies, but after the purchase you must pay a bank slip.
It is worth remembering that to remove the car from the yard DMV, the auction price must be paid and the vehicle must be picked up within 30 days. This is because after this period a fine of 2% of the value of the vehicle may be charged, which corresponds to the rental of the yard.
Is the Detran car auction worth it?
THE Detran car auction It is a good opportunity to buy a car at more affordable prices than in stores and dealerships. However, at auctions the value of the car must be paid in cash and for this reason it is necessary to evaluate whether the investment is worth it.
Furthermore, a auction car, unlike new cars, can have mechanical and electrical problems. Therefore, it is necessary to research the origin of the car before deciding to buy it.
Another point worth highlighting is that auction cars Although they are cheaper, they tend to depreciate over time and if the owner decides to sell it, the price may decrease. For this reason, if you want to buy a car as an investment, financing cars is recommended.