Philadelphia (PRWEB) January 09, 2014
Online auctions by Capital Auto are growing in popularity. Bargain vehicles are now being auctioned off at Capital Auto's Philadelphia auction houses and online, and every event is open to area residents as well as nearby residents in New York and New Jersey.
Capital Auto Auctions are now becoming widely-known as a great resource for companies and organizations that need to liquidate their fleet vehicles. Capital Auto sells trucks and cars that were acquired from charity donations but it also receives many retired work vehicles from, among others, the F.B.I. fleets. Another source of inventory they draw from happens to be new car dealer trade-ins. Dealerships are happy to make vehicles they have received from a trade-ins available to the substantial audience that Capital Auto Auctions brings to each auction event.
One of the most efficient and natural symbiotic relationships Capital Auto has built is made evident by their stock of bank repossessions. Financial institutions that may not have a way off offloading newly acquired assets can turn to the public auction to swiftly push their inventory back onto the market. The used car auction helps the bank make the most out of each repossession immediately. Quicker turn around allows them to circumvent the unnecessary costs of transporting, storing, showing, maintaining, and actually selling the vehicles.
This new way of doing business serves as a model for new and emerging companies and industries. Now business owners need to look to interdependency for growth opportunities. Capital Auto’s strengths are in marketing and presenting used vehicles to a large audience, and in their ability to provide a real bargain to the people who take the time to participate. The professional staff surveys each car sold at auction allowing them to assign a rating to the physical order of the car. Each vehicle’s rating will depend on the condition and age of the vehicle. Vehicles are each assigned a light rating: green, red, yellow, and so on. A green light rating means the vehicle can be appraised and returned if the buyer is dissatisfied. A vehicle assigned a red light is final sale, and will not be accepted back after it is purchased. This system ensures there is truly a vehicle within any budget.
Now public automobile auctions are happening weekly at all of the four convenient locations across the eastern seaboard. You can visit their website http://www.capitalautoauction.com or call for more information.
Capital Auto Auction Philadelphia
5135 Bleigh Avenue
Philadelphia, PA 19136
Phone: (215) 332-2515
Fax: (215) 332-2534