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What is car auction? A car auction is a process or method of selling cars publicly through bidding. A price is fixed for the car and all interested buyers will bid for it. Of course, the highest bidder gets the car. But unlike buying a car, car loans would not work for biddings. The bidder has to pay in cold cash to get the car. Across the world, these are methods more popularly used as a way to sell used cars. For example, Japan car auctions are considered to be the most viable way for the locals to sell used cars.

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