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Truck auction: get your questions answered!
Learn how to participate in a truck auction. How it works, what factors to consider, and what the advantages are.
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What is a truck auction?
Basically, a truck auction is an event where this type of asset is sold. Through it, the buyer can place bids according to their budget. And, whoever manages to provide the best bid, that is, the best offer for the truck, wins the asset.
This type of auction can be conducted by both public bodies, through judicial auctions of seized vehicles, and by private companies. In the case of auctions conducted by private companies, it can be either corporate or extrajudicial. However, in both cases, the prices are very advantageous, sometimes even half of those practiced in the market.
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