![Awoof Car reveals why Nigeria should embrace American vehicles through auction process [Video] - Daily Post Nigeria](https://i.headtopics.com/images/2020/6/8/dailypostngr/awoof-car-reveals-why-nigeria-should-embrace-american-vehicles-through-auction-process-video-1269899223010381825.webp)
Awoof Car reveals why Nigeria should embrace American vehicles through auction process [Video]
Below will guide you on the best option to go for when searching for a car through Awoof Car Auction Company.Cars bought in the United States are typically protected by an insurance policy entered into between the buyer and the insurance company. Ordinarily, if any issue occurs with the car, the insurance company would handle it.
The mortgage agreement would usually be for a stipulated period of time. In the event wherein the person defaults in the payment of the car, the insurance company would confiscate the car and take it to the US Auto Auction where it would be sold and the money recovered would be expended in the repayment of the mortgage.In this type of situation represented above, such cars are referred to as ‘Clean Title or Repossessed Car’.
The United States experiences quite a series of flood disasters on a yearly basis and during these periods of flood crisis, cars are partially or completely submerged in water for quite some time until the water dries up. After this, if the vehicle is so damaged that it is no longer operable, the owner’s insurance company settles the claim by buying the vehicle and selling it at the US Auto Auction.
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