A Little Bit of Street Racing History

Car enthusiasts all over the world take part in illegal street racing. Street racing is a part of history and has been around as long as the automobile itself. The dangers and consequences are high, but it is only exceeded by the excitement and entertainment that one gets from competition.

Racing, which is usually done at the racetrack, has easily found its way to the local streets. Drag racing is the most common form of illegal racing. What is supposed to be a quarter mile has transformed into light-to-light street racing. Traffic racing can also be seen on a day-to-day basis. Cars weave in and out of each other and try to get past ever one during rush hour.

These types of street racing seem to serve as a means to entertain. To some driving fast is fun, why else would there be cars such as Ferrari, Lamborghini and Porsche? If these cars were made for just modes of transportation then why are they not built to go the speed limit or have a top speed of seventy-five? Simple, because these cars were built for speed as well as entertainment. Consumers can spend up to millions of dollars on a single car because ordinary just isn’t fun.

The most ideal area for street racing would be on the back roads outside of the city.

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People will race wherever they can even though it is illegal, unless there are enough racetracks to race on twenty-four hours a day, seven days a week. The death rate of the racing crowd is 14. I think this is a great alternative but for a few young car enthusiasts the money to go to the track can be better spent on their vehicles. It is human nature to be competitive and in a competitive world there is going to be an infinite amount of competitions, street racing is one of them. Every town will have its own spots for cruising, sometimes the spot is a main street, and other times it’s a big loop that goes around a merchant area. Street racing is dangerous but it’s also that danger that makes it so exciting. In addition to the spots for cruising and large parking lot gathering places, each town also has its own law enforcement agency. Large parking lots have become another popular area for street racers to meet. Local authorities have made an effort to cut down illegal racing by simulating the street-racing scene at the track.

Street racing can cause road rage and life threatening accidents. Within the last three to four years it's doubled if not more in popularity," said Justin Lim an auto shop worker . Here street racers can coordinate when and where to race each other.

Although street racing has been around for decades, it has recently exploded with popularity from the younger generations. It is a part of history that will continue until the end of time. Every once in a while this will occur, but this kind of racing happens very rarely.

Reposessions on the rise

Repossessed cars have been coming into Interstate Auto Auction since we have been open.

With the recent struggles in the economy Interstate Auto Auction is seeing first hand a huge rise in repossessed cars.

"Car repossession occurs when a person falls behind on their car payments and the creditor reclaims the car. The basic idea behind car repossession is that the car has been bought on a hire purchase or loan agreement. This means that the goods you have bought are not legally yours until payment for the goods has been settled in full. Once this has been achieved, you will be classed as the rightful owner of the goods.
If you fail to keep up the payments as stated in the agreement, then you can face repossession of the goods. If this happens, then a lender can take legal action against you for the money owed to him. Unless you have a grace period set out in the agreement, a creditor can take your car back if you are only a day late with payments."wisegeek.com


If your car has been repossessed or if you are struggling with credit and loan payments then you have stumblled onto the right place. Our Auction offers the public a Second Chance on repossessions and other cars for Wholesale Prices. If you have bad credit it does not matter at our auction. We can help you.

Question 2 (What does passed mean?)

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.

Auction Questions (Question 1. Auction Systems?)

Most all auctions have a system in place to allow people to understand what quality of products/cars they are bidding on. Allot of auctions have multiple lanes running 3 to 10 cars simultaneously. As you can imagine for a rookie bidder this can be over whelming and very chaotic. In this system each lane will have names such as Lane A, Lane B , and Lane C. Each lane represents many different meanings. Most important being that the lane represents the overall quality of the car. For example, Lane A may indicate top of the line cars that need no work at all while Lane C would have cars that are a little rougher around the edges. This of course changes the value of the cars. For example, lets say that in Lane A and Lane C you see a Red 2002 Honda Accord. You see that both 2002 Honda's are identical in options, mileage and cleanliness, but the Lane A Honda sold for $3,000 more then the Honda in Lane C. This just simply means you get what you pay for. The Lane A Honda is a better car then the identical Lane C Honda that needs brakes, has AC that needs to be fixed, and a power window that no longer is working. The question you most ask yourself is it better to save $3,000 or not. It really is that easy to understand Auction Car Values. Know The system... So here is how Interstate Auto Auction's system works.

Our auction uses a lighting system that is both easy to see and understand.

1. Are most valued Cars are GREEN LIGHT. These are the only cars that you will see online. Means that the vehicle's motor and transmission are in good working order. After delivery of your vehicle, Interstate Auto Auction will provide a 1 hour arbitration period for engine and transmission issues. Full refunds will be issued for valid arbitration claims.

2. YELLOW LIGHT: Yellow Light indicates that an important announcement regarding the vehicle is being made (ie: condition of vehicle or special title announcements).

3. RED LIGHT: Vehicle is being sold as-is. No warranty or guarantee on the vehicle. No refunds will be issued for any defects. We run all Cars Red light on site only!!!! We highly suggest to test drive all these cars from 9am-5pm so you know what you are getting!