Discover the pros and cons of buying a motorcycle at auction, from the attractive prices to the possible challenges in regularizing the documentation.
In the vibrant world of two wheels, Brazil stands out as a leader in Latin America. It is estimated that 29% of the Brazilian population owns a motorcycle , a vehicle increasingly used to escape the traffic of large capitals.
The first nine months of 2023 witnessed notable growth in motorcycle sales in Brazil, totaling 1,180,618 units sold, according to the National Federation of Motor Vehicle Distribution (Fenabrave). This number represents an increase of 19.68% compared to the same period in 2022.
Given this scenario, some alternatives arise when purchasing two-wheeled vehicles. One of them is buying a motorcycle at auction .
Many Brazilians are wary of this type of purchase, which is natural. Therefore, the Delta Blog will explain in more detail how it works and what the advantages and disadvantages are.
Auction Types
First, it is important to present the main hong kong phone number list types of motorcycle auctions held in the country. These are the DMV auctions, ideal for vehicles, the Federal Revenue auctions, with various opportunities, and those by banks and financial institutions, offering motorcycles from unpaid financing.
DMV Auctions
Detran auctions focus mainly on vehicles virtual switchboard vs call center management for traffic violations, abandonment or accidents. They offer a variety of makes and models, catering to different tastes and.
Generally, the documentation is by Detran before the auction, providing greater security to buyers.
parties can check the lots on the Detran website in their state . It is also common for auction notices to be published in major newspapers, on TV and on the internet.
Federal Revenue Auctions
Federal Revenue auctions include europe email motorcycles in irregular import operations, smuggling, or other tax actions. In addition to motorcycles, they may include a variety of goods.
The variety of models is not the strong point of this type of auction, as they are usually and high-value motorcycles. You can check the notices on this website .
Bank and Financial Auctions
These auctions involve motorcycles that have been by banks due to default on financing. Often, the motorcycles are in good condition, as they have been by their owners.
Some bank auctions offer the possibility of financing for buyers.