for what i heard of… yes.. there is such type of auctions. but…
its all full payment terms. means no loan… full payment after
auction secure. the price may not necessary be low. cozz most of
the time, there are bound to be some dealers or other pple looking
for a better deal. I have heard from 1 private car agent, they went
for the auct for a rex sti but in the end…. someone else bid at a
price at only 5% lower den the market parf for it. Its only
possible to get a good price for those cars which very little pple
are interested in. Its without COE. And not
to foget… even if you secure the car at the auct. there are alot of
paperworks to be done to get it on the road unless u r really
familier with it and admin fee.