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Online Car Auctions Invention is a word used to define anything that comes from the mind of someone and the hypothesis or the theory has been put to reality. Inventions like television and computer; these are a few most useful inventions without which life cannot be imagined. These inventions stay with people as long as they live. Another invention like this is the automobiles. The car has been one of the best friends in the road. This is one of the best transports available today. Now the main problem is too much congestion has eaten up the streets. So public transport is pretty much avoided by most of the people of the working class. In today’s world, cars are not only a medium of transportation, it has become one of the most recent trends and fashionable show pieces. Cars manufactured by companies like BMW, Mercedes, Ferrari, Porsche, Lamborghini and many more brands, cost a lot of money. Some of them are exotic cars and some are there for sheer speed and power. The Phantom, by Rolls Royce is one of the car that grips class to its very exhaust pipe. The Lamborghini speaks of intense speed and the bugatti veyron speaks of intense power. These cars are not rare to find and shops are scattered all over the world. If someone wants to buy a Ferrari or a Honda, they would have to travel to Italy and Japan in order to find the best deals and the best production lines. But who does that today? The answer is nobody. Today, due to the technology called the internet; people can sit in front of their monitor and can buy all these cars, with just a click of their mouse. There are official sites available of each and every company. Other than these, there are auctions for exotic cars. Speaking of online car auctions, there is a new idea that has rocked the world of most of the people who has monetary issues in buying a car. People nowadays can buy repo or repossessed cars from the internet online auction markets where every car is a used car but people can choose and negotiate with the buyer and place their bids accordingly. People who can’t afford a new can easily get these repo cars from the internet, at a very cheap price. Another aspect of the online auction market is the salvage car sale. These cars are found out to be the damaged or slightly broken cars, which are sold at astonishingly cheap rates. People can go to these online sites and choose a car of their purpose and click on the buy option. There is a benefit of buying these cars, because even a small dent reduces the price of a new car with a considerable amount of money. This makes this cars affordable to most of the people. One more advantage is, nobody ever knows when he or she can find a perfectly suited car, that also in a pretty good shape.