I know there was a thread on buy a used car but I could not find it... to post this question...

Question: I know dealers go to auctions to get vehicles and I have seen some of the purchases pricing of auction. Not much different from BlueBook Trade-in pricing

However when a dealer goes to a Leasing auction or buys a Leasing Company car / truck is the auction purchase price less because of the discounted advantage of the Leasing Company Fleet Purchasing? How much less?

I’m looking a buying a used truck for my business as a delivery truck … the dealer has a truck I’m interested in but the Carfax shows the truck to be a purchase from a Leasing Company Auction.

My family owned a used car lot for about 40 years and we never got a car from a leasing auction. Most used dealers get maybe 20% of their inventory from auctions and 80% from new dealerships who don't want to deal with certain trade-ins. Most of the time the used car dealers only check out cars at auctions for maybe 15 mins max before they bid because there are so many cars to look at and not much time. Usually cars from auctions go for higher then a dealer would get from a new car dealership. I'm not sure if a leasing auction is any different then a regular auto auction. The best advice I can give you is to take the car and let someone you trust look at it. Spending 50 bucks could save you alot in the long run and the dealer might not even know anything is wrong. Our car lot sold all cars as is meaning you get what you buy and no warrenty. My dad would always tell people who were buying the cars that as is means if you drive it off the lot and it falls apart into two pieces you own both pieces. He also advised customers to take cars and gwet them looked out if they werent sure. Also this is a good time of the year to buy a car as prices are pretty low just dont wait until tax season. Also trucks are pretty low priced in ohio compared to other states.

Commercial trucks such as one suitable to use as a delivery truck are often leased instead of purchased by a company for obvious financial reasons.

Also commercial trucks right now are almost a dime a dozen with companies going out of business everyday. Do your homework look around your city you can find a gently used truck from someone who is the original owner. Run the Carfax from there.

Sure it takes some time and effort but it is worth it in the long run.