By on January 22, 2014

07dts1

98 dealers are busy looking at 89 vehicles. Check engine lights are being scanned. The hoods are opened, engines are revved, and Bluetooth is the technology of the moment. Wholesalers, along with professional car buyers like me, are busy making arrangements with those dealers and individuals who want to buy an auction vehicle on the cheap.

There’s only one problem with all this. We’re on the eve of tax season. A time where everyone short on dough files a tax return on the expectation of a nice four-figured refund in early February. Millions of those refunds will eventually be used towards one of three purposes: paying down debt, purchasing electronics, or putting a down payment towards a nice used car that will likely be financed to the hilt.

The prices at this specific auction are always high. But today, they were in outer space.

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