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Corporate means it was used as a transport for the needs of the company. This doesn't mean that the car is bad. Sometimes it is even more profitable to buy a corporate vehicle from a company than from a private person. Because global companies monitor the car with special attention, this car brings income and money to the enterprise. They often hire a personal driver who is qualified in this field and drives carefully. But how the private owner drove, you will never know. Maybe he went too fast and burned the gearbox or chassis and wants to get rid of this car.
 

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Typically speaking you'll find this on leases, or a lot of times on heavier, large SUV's that qualify for section 179. People will lease or purchase their vehicle under their business for tax purposes.
 

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My Buick Regal Grand National was a corporate car. It got turned in after two years (The VP got a Taurus SHO to replace it). I got a great deal on it I would not shy away from this type of car, although the OP's example appears to be a terrible idea. Glad he passed on it.
 

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2022 Mexico Blue M4 Comp xDrive
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On a similar topic...

What to make of GTRs that have been or are being auction off?

Is an auction a place where the car will not be cared for? (i.e. no joy rides, away from the elements, abuse, etc.)

And, can it be said that auctions are the owner's last resort to get rid of a vehicle/liability, in order to cut their losses?

I just cannot imagine auctioning off a GT-R, since it sells by itself (for a reasonable price). Or am I wrong?
 

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I don't have direct experience with corporate cars but I used to flip cars like crazy so I have a lot of stories ... I won't buy cars with rental car history or auction history anymore. The numerous auction cars I bought (typically shipped sight unseen through Carmax) ALL had evidenced of prior collision repair even though no accident was listed on the Carfax. The Infiniti rental car I bought consumed oil, had leaking valve stems and puffed smoke on startup. Your mileage may vary, but there are plenty of fish out there so best to avoid cars where you are concerned about anything on the history enough to ask .. as others will too.
 

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Another thing to be wary of are cars that come from states that had major storms and floods. After the Houston hurricane, there were thousands of cars that were totaled due to water damage and then sold in other states, many times to unsuspecting people. Buying used car is a crap shoot many times. If you buy a cheap car, then you may not be getting that great a deal.

Auctions are hit and miss as well since you may not get the history of the car. Just like GTRick said.
 
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