Quote:
Originally Posted by Feyd
Also keep in mind that depending on what type of auctions you go to, cars are typically sold as-is and you don't have the ability to drive/hear them run, etc. before you buy so you could end up spending lots more money post purchase to get them ready (even legal in some instances) to sell.
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I was under the impression that a buyer has 1hr after the sale to drive/inspect and potentially refuse the sale. I believe the deposit that is placed when the hammer drops is lost, but the rest would be never paid.