I'm looking at an autocheck which says
03/01/2010 PACIFIC SW REGION
43,971 Auto Auction REPORTED AT AUTO AUCTION
03/22/2010 PACIFIC SW REGION
43,971 Auto Auction AUCTION ANNOUNCED AS FLEET/LEASE
The seller said that he is the owner of a private repo company. He repoed the car when the individual who owned it couldn't pay the car. Why would the car be sold at an auction and then announced as fleet/lease and this was only done a month ago?
I'm very new to this and I don't understand some of the terms and how the seller's story correlates with the autocheck?
Can someone please explain to me a possible scenario as to what happened to this car?
thanks in advanced.
03/01/2010 PACIFIC SW REGION
43,971 Auto Auction REPORTED AT AUTO AUCTION
03/22/2010 PACIFIC SW REGION
43,971 Auto Auction AUCTION ANNOUNCED AS FLEET/LEASE
The seller said that he is the owner of a private repo company. He repoed the car when the individual who owned it couldn't pay the car. Why would the car be sold at an auction and then announced as fleet/lease and this was only done a month ago?
I'm very new to this and I don't understand some of the terms and how the seller's story correlates with the autocheck?
Can someone please explain to me a possible scenario as to what happened to this car?
thanks in advanced.