Whenever people are looking for a used car there are a few ways that they go about searching. Looking through local newspapers or on used car websites are two of the most popular methods. However, has visiting a used car auction every occurred to you?
The majority of people will say "no", or that they have briefly considered it but cast the idea aside. Visiting an auto auction can be something daunting if you are not a car enthusiast or do not take along someone who knows what to look out for. After all, you do not want to buy a car that ends up with problem after problem and have to continuously pay maintenance costs.
You can however find some great bargains at auto auctions providing you know what you are looking for. For many reasons it's possible to find a car that is ideal for you or just too good a deal to pass up. Dealerships often sell unwanted cars at auctions to make a quick sale.
When I first went to a car auction I was a little out of my depth. I was not sure what type of car I wanted, what I should look out for before entering the auction, and how much I should be willing to spend on any particular car that I find suitable. My second time of visiting an auto auction however involved taking a car dealer friend who knew the "ins-and-outs" of many car makes and models, including their value. If possible this is a good thing to do if you are seriously planning on bidding at an auction.
Many of the cars found at auto auctions are those that have been located by banks and governments from people who have not been able to pay outstanding loans. Due to this it's possible to find some real gems at auctions, including vintage cars and brand new models which still have warranty.
Be aware though that even if there are some great cars available it is very easy to get carried away with the bidding. Make sure you have your price limit and you stick to it. Auctions are designed in a way that it is easy to get drawn into the initial bidding at a low price, but as the price starts to get high it also very easy to put in an extra bid in an attempt to ****** the catch in the auction , only to be outbid, and then bid higher again. You can see how some people end up paying over the odds for cars at auctions. Conversely, it's also possible to find some real bargains.