Repossessed/no Reserve/below Wholesale on 2040-cars
Boston, Massachusetts, United States
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You are bidding on a {2008 HYUNDIA SONATA SE/LIMITED }. This vehicle comes equipped with { 6 CLYINDER ENGINE 3.3L, POWER WINDOWS/MIRRORS, BUCKET SEATS, ALLOY WHEELS,} and much more. It should make for both affordable and dependable transportation. Please see the “Condition Report” and “Condition Comments” for more detailed information.
This vehicle is being sold at auction by CarNow Acceptance Company (CNAC), a licensed Massachusetts Finance Company. CNAC has the proper title documentation, an affidavit of repossession and all legal authorization to sell this vehicle.
We are conveniently located in Dorchester, MA which is very accessible from and from all points of the New England / New York areas:
Boston, MA: 1 Mile; Providence Airport: 61 Miles; Hartford, CT: 121 Miles; Concord, NH: 71; Miles; Portland, ME: 114 Miles; New York City: 218 Miles.
CARFAX -- A CarFax was obtained on this vehicle and it qualifies for a "Certified History Guarantee."
PRE INSPECTION -- The vehicle is available to be seen prior to the auctions end on:
DATE: { MONDAY AUGUST 25, 2013 11:00AM to 6:00PM EST.}
LOCATION: 710-720 William T. Morrissey Blvd Dorchester MA 02122
This is the only time the vehicle can be inspected prior to the auction ending and we apologize in advance if this presents a conflict in your schedule. There can be “No Exceptions” to this pre-inspection date and time.
USED VEHICLE -- Please keep in mind that you are bidding on a used vehicle and we strongly encourage you NOT TO BID if you’re uncomfortable with purchasing a used vehicle that may require mechanical and/or cosmetic work. You are buying a Repossessed Vehicle – Being Sold “As-Is” with “No Warranty”.
NON-PAYING BIDDERS -- By bidding on this vehicle you are entering into a LEGALLY BINDING CONTRACT. Any Non-Paying Bidder will be subject to all legal recourse available to CNAC. Do not bid if you do not intend or can not complete the transaction.
FEES & TAXES -- The winning bidder agrees to pay a $99 Documentation and Vehicle Preparation Fee. For complete information on Fees, Taxes, Deposit and Payment information - Be sure to read our “Entire Terms and Conditions” contained within the “Terms of Sale” section below.
THIS IS A “NO RESERVE” AUCTION AND THE FINAL BIDDER WILL OWN THIS VEHICLE REGARDLESS OF THE FINAL BID AMOUNT! DON'T MISS THIS OPPORTUNITY TO POTENTIALLY OWN A VEHICLE AT OR BELOW WHOLESALE COST!
Be sure to bookmark and view our showroom frequently as our Collateral Disposition Department disposes of all repossessed vehicles for sale exclusively through eBay. |
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Auto blog
What a strike in Korea could mean for US Hyundai and Kia buyers
Mon, 19 Aug 2013A prolonged factory strike at Hyundai-Kia factories in South Korea could mean that US dealership inventory of certain vehicles, such as the South Korea-built Hyundai Accent and Kia Soul, could dry up in the coming months, depending on the length of the strike, reports Cars.com's blog, Kicking Tires. The two brands together rank sixth in US sales and fifth in global sales.
Kicking Tires gives fascinating insight into how a production stoppage in South Korea might affect vehicle sales in the US, considering Hyundai-Kia has two factories in the US that build the Kia Sorento and Optima/Optima Hybrid, and the Hyundai Elantra sedan/coupe/GT, Sonata/Sonata Hybrid and Santa Fe/Santa Fe Sport. The only one of these vehicles that's built solely in the US is the Kia Sorento, with the rest of them sharing production with South Korea.
Be sure to read the piece, especially if you're in the market for a Hyundai or Kia, or just interested in global economics.
Hyundai and Kia recalling 1.6M more models for faulty brake switch
Wed, 03 Apr 2013In what is likely the largest recall campaign for Hyundai and Kia, the National Highway Traffic Safety Administration has announced a recall of more than 1.6 million models due to a faulty brake switch. This is in addition to almost 700,000 Hyundai and Kia models recalled for the same problem back in 2009.
In more than 620,000 Kia models and 1 million Hyundai products for the 2007 through 2011 model years, the brake switch could malfunction causing the brake lights to not illuminate, which could lead to accident. Other possible issues with a faulty switch include the cruise control not cancelling with the brake pedal, the push-button starter not working properly and the shift interlock not disengaging causing the transmission to be stuck in Park. To fix the problem, the brake lights switch will be replaced.
Due to the large number of units being recalled, both automakers are issuing a notice by next month with parts not expected to be ready until June. The full list of affected vehicles and the NHTSA press releases are posted below.
Hyundai missing Q1 earnings targets blamed on slow US sales
Thu, 24 Apr 2014Slow US growth is hampering profits at Hyundai. In its first quarter financial statement, the Korean automaker reported a profit of 1.93 trillion won ($1.86 billion). According to Reuters, this is less than analysts' expectations and nearly the same as last year.
According to the report, US sales fell by 3 percent in Q1 2014. To make matters worse, the high value of the South Korean currency caused lower profits on models exported from there. On the bright side, Hyundai's Chinese sales rose by 9 percent, according to Reuters. It's also working on building a fourth factory there.
The company has had a rough time in the US throughout the quarter. John Krafcik, the CEO of Hyundai of America, stepped down on January 1, and the company was already predicting slow growth in sales for 2014. Falling quality scores for the Sonata and Elantra aren't helping matters either. However, there may be hope on the way. The second-generation Genesis Sedan was introduced to the US in Detroit, and the redesigned Sonata was recently shown in New York. Successful launches of these important models could prove crucial.