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HI I WANT TO BUY A CAR IN AUCTION, BUT IT SEEMS THAT THE RC WILL NOT BE PROVIDED BY THE CONCERNED PEPOPLE. PLEASE KINDLY LET ME KNOW HOW TO GET THE RC& TRANSFER INTO OUR NAME FOR THE VEHICLE PURCHASED IN AUCTION
By PRASAD 08 August 2010
Answers:
expert
Expert`s comment:

Hi,
Please get the confirmation from the auctioners about transparency of transactions including transfer of ownership and late ron only buy in auctioning.

Answer by Shiva Shankar 08 August 2010

BUYING VEHICLES THROUGH ACTION IS NOT BAD ,BUT U HAVE EXACT KNOWLEDGE FOR SUCH VEHICLETO EXAMINE VEHICLE WITHOUT MOOVING ,WITHOUT STARTING.
AND BANK AND PVT LTD COMPANIES SELLING THEIR STOCK WITH AND WITHOUT RC COPY ,BUT THEY WILL ANNOUNCE THAT HAVING RC OR NOT.
IF U GET INFORMATION THAN CHECK VEHICLE ASK ABOUT RECORD AS IT IS SINGLE OWNER /2ND /3RD OWNER ...LIFE TAX ANNUVAL TAX..
THAN CONTACT AUCTINEER TO PARTYCIPATE .THEY WILL ASK EMD 10K TO 20 K . IF U WON THE VEHICLE THAN U MAY TO PAY AMOUNT WITHIN 2 WORKING DAYS OTHERWISE UR EMD WILL FORFIETED..
AFTER MAKING PAYMENT BANK WILL GIVE RC IF THEY HAVE SAME DAY AND PROMISE TO GIVE NOC VERY SOON ,BUT IT WILL TAKE MORE THAN 6 MONTH IN 33% CASES ..
AFTER GETTING NOC U CAN TRANSFER IN UR NAME..
IF U R DEALER THAN ONLY MOVE SUCH TYPE..
ADVANTAGE ....U MAY GET 15% LESS RATE FROM BAZAR PRICE,,
DISADVANTAGE .. IT LIKE GAMBLING . AFTER PAID THE AMOUNT U CANT TELL ANY THING . NO COMPAINT BASSIS BUSNESS ,,CANT CHECK CHASE NO.ENGINE NO .ETC ETC PROBLEMS .. TAKE DESICION BEFORE BIDDING .. IF OK PL ASK ME AGAIN ACTION COMPANY EMAIL ID WHERE U CAN SEE LIST FOR SALE VEHICLES . THANKS

Answer by GAUTAM JAIN CHENNAI 08 August 2010

in case if they dont have the rc, what is the procedure to get rc and transfer into our name

Answer by PRASAD 08 August 2010

plz let me know AuCTION COMPANY EMAIL ID WHERE i CAN SEE LIST FOR SALE VEHICLES

Answer by Prasad 08 August 2010

IF BANK HAVE RC ORIGINAL PL SEE FIRST THAN MADE PAYMENT .. AS IT IS ONBOARD OR TOURIST BOARD AND HOW MUCH OWNERSHIPS INSURANCE ETC ETC WHAT U HAVE DOUBTS MAKE CLEAR BEFOR BUYING /GIVING EMD .ONCE U WON U CANT BACK..
SOME MAIL ID...
matexmotors.com
auction.autojunction.in
in 2 site u may see only without membership but membership is complusary to bid ....
ebay.in
eddigmotors.in
r another id where u must see with membership fee near 5600/
and to participate emd extra if u not buying /won emd will return ..
this is a only information to u and others .for latest more info ,contact to auctineer by contact us form ..
hence i m not responcible for losses by telling u systems . over all it is alike a gambling.....

Answer by Gautam Jain Chennai 08 August 2010

INCASE THEY DONT HAVE RC ...
U MUST TO COLLECT RC FROM PREVIOUS OWNER AGINST AMOUNT .BUT IT IS NOT GURRANTY THAT U WILL GET RC ..
SOME TIME OLD OWNER MAY PUT OBJECTIONS IN RTO TO STOP ENTRY ANY TYPE LIKE HP CANCELL OR NAME TRANSFER .. RTO IS BOUND TO RESPECT OWNER REQUEST ONLY .. BANK OR NEW BUYER BREAK HIS OBJECTION FROM A LONG LEGEL FIGHT .. .. SIMPLY DONT BUY

Answer by GAUTAM JAIN CHENNAI 08 August 2010

Hi Prasad,
In case if you feel interested to buy used vehicle in auction. You can get in touch with us at 43535300 or my no 9819677327.

We offer bank as well as consumer used vehicles in auctions.

We also do fleets operator and taxi vehicle.

For more details call us.

Regards,
Prashant

Answer by Prashant 09 September 2010

hi Prasad
auctineers is agent to provide there net server service only .. they have nothing power / rights to help u ..
in more open words they r like agent of seller if any busnessdone by them they will get commission ..
for them earning they will dont hestise to cut a simple man neck also ..so aware these type better .. i have too experience with this busness yet i didnot get noc from varrious bank icici bank .. indusind bank from past 2 years .. acuneer will give u assurance till u ask / or whole life and person will transfer to another company

Answer by GAUTAM JAIN CHENNAI 09 September 2010

HI MR PRASHANT , SEND UR COMPANY NAME .. I WANT BIKES IN AUCTION TYPE TO RESALE MONTHLY 30/50 IN TAMILNADU REGN NOS. WHAT IS UR PROSESS TO BUY VEHICLE ..AS MR GAUTAM RAISED SOME DOUBTS HOW MUCH IT CORRECT PL ALSO CLEAR THAT IS UR DUTY ALSO ,BECAUSE U OFFERS/ INVITES PUBLIC TO BUY VEHICLES..
SOME QUESTIONS
1.. CAN WE CHECK THE VEHICLE BY DRIVING ..
2.. CAN WE CHECK THE ENGINE NO /CHASIS NUMBERS IN VEHICLE WITH RC BEFORE PAYMENT ,SO IF MISMATCH WE CAN STOP THE PAYMENT ..
3.. CAN WE GET THE ALL DOCUMENTS AS SOON AS WE PAID AMOUNT..
4..I SEEN AUTO JUNCTION RULE / CONDITION THAT IS ALL R AGAINST TO BUYER AND NOTHING SINGLE LINE FOR SELLER RESPONSIBILTY . 5.. AND COMPANY R NOTHING LIABILITY IN DEAL
IS IT ALL POINTS R TRUE THAT MEANS THESE R CHEETING WITH PUBLIC .. CAN U SEDING A INTIMATION TO THAT PARTY WHOSE VEHICLES R SELLING BY U ....
NOW IT IS WAITING QUESTION TO U AND UR TYPE COMMISSION BROKERS TO REPLY TRUE TO PUBLIC WHCH IS CORRECT ..
WAITING REPLY FROM UR SIDE COZ IT IS A PUBLIC INTREST MATTER
THANKS

Answer by Sathish 09 September 2010

thanks Mr.Gautham jain for providing the information
i request mr.Prashant to answer all the question raised by mr.satish

Answer by Prasad 09 September 2010

Plz let me know how could I get aware about the list of vehicle to be auctioned

Answer by Ashutosh 08 August 2017

how may i know that when the auction is happen

Answer by Suraj 07 July 2018

is it better to buy an unresisterd car in a bank auction

Answer by Sumit 08 August 2018

Please send your contact number

Answer by Pintu Sorathiya 06 June 2019

Hey I want to buy auction car I am a dealer please let me know where I can find the auction

Answer by Raj Makwana 12 December 2019
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