THE DETRAN (State Department of Traffic), every year organizes auctions of seized cars and it is at this event that there is an opportunity to find the ideal car at a more affordable price.
With that in mind, today we are going to talk about how it works. DETRAN car auction, how to participate and leave with the car of your dreams.
What is the DETRAN auction?
First of all, as mentioned above, DETRAN car auction It is an event that takes place every year, usually in the last few months, in which the agency organizes the sale of cars that have been seized, that are irregular and were caught in blitzes or even that have been parked in an inappropriate place.
In this case, the cars are usually in an irregular situation and were lost by the previous owners who were unable to meet the 90-day deadline to present the vehicle documentation and pay off outstanding debts.
For this reason, the DETRAN car auction It is done to remove a large part of these cars from the traffic authority's yards and if they are regularized, they can be used normally by the new buyer.
How to participate in the DETRAN car auction?
THE DETRAN car auction It is usually announced in various media outlets, such as newspapers, TV and radio. Therefore, it is important to be aware of the dates on which the event may take place.
In addition, to participate you must register in advance on the website. DMV, so that close to the date of the event you can visit the car and check if it is in good condition to be purchased.
Public and legal entities are allowed to register and place their bids, as long as they present their CPF or CNPJ.
How does the DETRAN car auction work?
During the event, each buyer must place their bid and the one who can suggest the highest price for the car wins. However, the DMV usually hires an auction company that is already aware of the values of the cars, so there is always a value range.
It is worth remembering that the auction cars are not new and the buyer who wins the bid will need to sign a contract and commit to paying any outstanding debts. Therefore, we recommend that you save some money to invest in this.
Another necessary expense for those who want to participate in the DETRAN car auction, is that you need to pay at least 30% of the bid amount to the auction company organizing the event.
Before the event, the buyer can also access the car's complete details on the website of the company responsible for the auction.
Finally, after the auction ends, the winner must remove the car from the auction yard. DMV within a maximum of 30 days, as after this period, you will need to pay the parking rental fee per day.