If you know where to look, there are a growing number of popular SUVs going cheap at Torrance auto auctions. Torrance is often overlooked by people who want to buy an SUV at an auto auction. This is primarily due to the location. Torrance is surrounded by popular auto auction houses in nearby areas like Rancho Pales Verdes, Santa Ana, Long Beach, and of course Los Angeles. With so many nearby locations, you may be wondering why there are popular SUVs going cheap at Torrance auto auctions. More importantly, you might be wondering exactly what type of SUVs you will find.
The reason that there are so many popular SUVs going cheap at Torrance auto auctions might surprise you. The biggest contributor is the surrounding areas themselves. Most popular used SUVs are sent to auction by lending institutions who have repossessed an SUV and are trying to liquidate it at auction. They know that SUVs tend to go for a premium, even at auction. In order to keep prices as high as possible, they will limit the number of SUVs that they enter into the auction. While even these auctions still offer great prices, they are nothing compared to the prices in Torrance.
Additionally, there are more lending institutions sending their SUVs to these nearby locations, so they need to consider this is as well. Local lending institutions instead opt to send most of their SUVs to local auctions in Torrance. By flooding the market in this single, less popular area, they can get more for the few SUVs they send to surrounding areas.
So what does this mean for you?
This means that you can find popular SUVs going cheap at Torrance auto auctions. Not only will you pay less, you will also get a wider selection to choose from. While the exact make and model of the available SUVs will vary based upon what has been repossessed and entered into auction, most of the popular options are consistently available. Some of the SUVs that are commonly found include Jeep Wrangler, Jeep Grand Cherokee, Ford Explorer, and the Chevy Tahoe.
The best part is that many of these SUVs are fairly new. Some could be only a year or two old, sometimes even newer. This is because most people who get their vehicles repossessed do so within the first 2 years of the initial purchase. This not only means that you will get access to newer SUVs, but that they will also be low in mileage. If you are in the area, then it might be a good idea to keep an eye on the popular SUVs going cheap at Torrance auto auctions. While it is naturally more tempting to target auto auctions in more well-known areas like Los Angeles, Long Beach, and Santa Ana, the prices may be lower in Torrance. In general, SUVs at auto auctions will be much less expensive than if you purchase them from a dealership, however the unique situation in Torrance makes it especially attractive.