3/31/2022

A Lot Sales & Auctions

Used-Car Financing & Warranty FAQs

  1. Side Lots Sales Side Lots are an ongoing vacant land sales program offered by the DLBA since 2014. Side Lots are vacant lots adjacent to the applicant’s occupied property on the left side, right side, rear or diagonally behind (even across an alley, but not across the street).
  2. Browse cars for sale, shop the best deals near you, find current loan rates and read FAQs about financing and warranties at Cars.com.

A used car can be a great way to get a lot of bang for your buck on your next car. New cars are great, but used cars offer big financial advantages thanks to depreciation. The average car loses 35 percent of its value in the first three years of its life which is great news for drivers shopping for a good deal on the used market. Corner Lot in a highly sought after location, walking distance to Alamodome and Downtown San Antonio. Zoned AE-2 allowing for residential or commerical use. Two other lots nearby for sale as well, 406 Idaho & 118 S Hackberry. 406 Idaho MLS #1505606 118 S Hackberry MLS #1505607.

Financing & Lease

Can you lease a used car?

Most dealers don't offer leasing on used cars, but used cars that were leased when new and are now for sale provide some benefits, such as good condition and low miles.

Related:

Off-Lease Car Glut Might Mean Used-Car Buyer’s Market

How do I finance a used car?

Using the dealership’s lender is convenient, but it's best to shop around at banks and credit unions ahead of time so you'll know whose rate is best when you're at a dealership. This research may take a few days but can be well worth the time.

Related:

Inside the Finance and Insurance Room&
Auto Loan Basics for First-Time Buyers
What You Need to Get a Car Loan

A Lot Sales & Auctions Near Me

Are loan rates higher for used cars?

Yes, loan rates are higher overall for used versus new cars, but they may be better if the car is factory-certified pre-owned because manufacturers may offer attractive interest rates to promote CPO sales. Before financing with a dealer, bank or credit union, check the national average interest rates for used cars at Bankrate.com.

Related:

Report: Average payments for New, Used Cars Rise

How do I know if I can afford the payments?

You can estimate your payments here using Cars.com’s finance calculators. You should have a down payment of at least 20 percent, financing lasting no longer than four years and a principal, interest and insurance total not exceeding 10 percent of your gross household income.

Related:

Can You Afford Your Car?

A Lot Sales & Auctions By Owner

Warranty

Are extended warranties worth the money?

Extended warranties offer peace of mind, but apart from the coverage included with factory-certified pre-owned cars, additional plans come with a price that studies have shown to be higher than the benefits you can claim in repairs.

Related:

CPO Pros and Cons Versus Extended Warranty

What warranty comes with a used car?

Initial warranties are limited by the miles and age of a car, so if the car has higher miles, original warranties may no longer apply. Also note that warranties don't always transfer to subsequent buyers. Check the vehicle manufacturer’s specifications for warranty limits.

Related:

Making Sense of Used-Car Warranties

What is a bumper-to-bumper warranty and what does it cover?

Often called a basic warranty or new-vehicle warranty, a bumper-to-bumper policy covers components such as air conditioning, audio systems, vehicle sensors, fuel systems and major electrical components. Most policies exclude regular maintenance such as fluid top-offs and oil changes, but a growing number of brands have separate free-maintenance provisions. Bumper-to-bumper warranties typically expire faster than powertrain warranties. Terms are typically three years or 36,000 miles, although some have terms as high as six years or 60,000 miles. Check the vehicle manufacturer’s specifications for bumper-to-bumper warranty limits.

Certified Used Cars

A Lot Sales & Auctions This Week

What does CPO mean?

A certified pre-owned or CPO car has been inspected to meet minimum quality standards and typically includes some type of warranty. While dealers and third parties certify cars, the gold standard is an automaker-certified vehicle that provides a factory-backed warranty, often extending the original coverage. Vehicles must be in excellent condition and have low miles and wear to be certified, which is why off-lease vehicles feed many CPO programs.

Related:

Tips to Buying a CPO Car

Quick access links to the Online Bidding platforms we use!

A&M Auctioneers and Appraisers, LLC – Auction Facility @ 8000 Esham Rd., Parsonsburg, MD 21849

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A&M Auctioneers & Appraisers, LLC ~ 8000 Esham Road ~ Parsonsburg, Maryland 21849 Local MD: (410) 835-0384 ~ Cell: (302) 545-1903 ~ Local Fax: (410) 835-0370 Dave Allen Auctioneer: dave@AMauctions.com ~ jeff@AMauctions.com (Webmaster)

Our Commitment To You:

We understand that our clients entrust us with their most valuable assets. A&M Auctioneers & Appraisers have served thousands of clients. Each client is treated with the care and attention to detail that counts, making us the largest and most trusted name in the region. Our reputation for treating each client with the integrity they deserve, coupled with our proven track record for sales, positions our company as the premier choice for your auction. We have conducted thousands of auctions and appraisals over the years, and have been able to develop an organization that allows us to take your stress away.

Do you have family heirlooms or treasures to sell?

We are a full service, full time Auction Co. with a well trained staff ready to assist you in obtaining your sales goals. It doesn’t matter if you have only a few valuable items or an entire house full. We provide the logistics to move, store and professionally photograph your items. They will be advertised in print media and on the internet. We will market the items to potential buyers & showcase them at our Auction Facility. Best of all your items will be sold and you will be paid in a timely manner. Auction Consignors are paid out within 10-12 days from the date of sale. At Allen & Marshall we are committed to treating each client with the utmost respect and handling each auction professionally and to the best of our ability. Our success is measured by the ultimate satisfaction of all those whom we serve.

Select Representation for your Personal Property Needs:

Our express goal is always to recommend the best possible auction solution for the sale of items belonging to our clients. With 22 years of experience we can discern what types of Personal Property are good candidates for auction marketing. We offer several different auction formats that can be tailored to meet the individual client’s needs. Consequently, we must be select in our representation to assure every opportunity to meet the client’s goals and expectations are successful. Our discretion in selecting items for auction ensures our commitment to selling quality merchandise at fair market prices.