Simply put. Passed means the price offered during the auction is not high enough for the vehicle to sell.
Impotant note....
Remember! All cars that run Green light (as you know from the Question 1 post below) come with a gaurantee good motor and transmission. Hence a value is attached to them. If this value is not met and the company chooses not to sell the vehicle then the vehcile is passed on.
What happens to the car once it is passed?
The vehcile may go in the next Saturday or Wednesday auction or be brought to a Dealer Auction where the public cannot buy it.
Impotant note....
Remember! All cars that run Green light (as you know from the Question 1 post below) come with a gaurantee good motor and transmission. Hence a value is attached to them. If this value is not met and the company chooses not to sell the vehicle then the vehcile is passed on.
What happens to the car once it is passed?
The vehcile may go in the next Saturday or Wednesday auction or be brought to a Dealer Auction where the public cannot buy it.
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