Showing posts with label Car Aution. Show all posts
Showing posts with label Car Aution. Show all posts

Wednesday, May 28, 2008

Rolls-Royce Reveals RR4 Sedan First Images

ROLLS-ROYCE has revealed the first images of its new entry-level model line codenamed the RR4, the engineering development program for which is fully underway.


Signed off in 2007, the RR4's more dynamic and youthful exterior design was revealed today in the UK via two styling sketches that clearly show a radically low-slung four-door sedan with Rolls-trademark long bonnet, super-short overhangs and an impossibly narrow daylight opening beneath a sleek, near-flat roofline.


The as-yet-unnamed fourth new-generation model to be developed by the historic British brand under BMW ownership follows the Phantom sedan, convertible and coupe, which has entered production after it appeared at Geneva in March.


Smaller and more affordable than the V12-powered Phantom sedan, which carries a $915,000 sticker price here, the "baby" Roller is expected to be priced between $400,000 and $500,000 when it does on sale globally in 2010.


The RR4 will be built on a separate new production line to the Phantom model series at its "completely reconfigured" Goodwood manufacturing facility, which will also feature extended paint, wood and leather shops and next year adds a second shift as full production gears up.via


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Friday, April 18, 2008

Car Auctions

With so many advertisements claiming to offer Auctioned carthe latest luxury cars for just a fraction of their price, people can get quite sceptical when they come across genuine opportunities like government and private car auctions.


The truth is that there are some expensive luxury cars available for a fraction of their price, but one has to go through a lot of Bucks to get to the luxury cars. One of the most cost effective ways of acquiring vehicles is through government and private car auctions (the cars available are essentially repossessed, seized or surplus vehicles).


To better understand the legalities involved, it is important to understand the difference between repossessed and seized cars.


Repossessed Cars (repo cars)
Repo cars are cars that were offered as collateral against a defaulted loan, or have been repossessed by government organizations or banks due to non payment of instalments. Repo cars are more often than not well used, and should be treated as second hand cars. In fact, the reason why repossessed cars are so competitively priced at government car auctions is because they have been used by the owner (in some cases for a few years).


Seized Cars
Whenever a person is imprisoned for a financial crime (like tax evasion or fraud), all his assets (like cars and properties) are seized. In addition, cars that are part of federal evidence or have been used in a crime are also seized and auctioned off at government car auctions. Seized cars should not be confused with repo cars as there is no defaulting of payments or collateral involved.



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