Dear All,
It is the first time that I have started a thread in PW although I am a PW member for long. Hope that you peolple guide me positively.
I want to know that what should be the price of a car in auction i.e. how much difference should be there between its original second hand price and auction price. As you people know that in auction we can only inspect the car physically but not know the status of the engine and other parts as the world under the bonnet is hidden at that time. To be more specific
What should be the price of a City IDSI model 2005 standing in an auction offered by a bank?
What if the registration paper is not there?
What if there is duplicate number plate?
What is the resale of the auctioned car? Is it difficult to resale?
I am waiting for your helpful replies. Thanks in advance.