Buying your new used car from a car auction can often be a lengthy process that entails a lot of confusion in terminology. For someone who is new to the whole auction scene, knowing and processing these terms as they happen around them is a tough task. The terms in play within an auction relate specifically to the processes of the auction, which is why the lack of knowledge pertaining to these terms can come and haunt you later on if you make a wrong bid or an offer. Read more