Tips And Secrets For Buying At Used Car Auctions

Posted by Jack Logan 19 November, 2009

Never trust any kind of title check at used car auctions always make sure to get your own verification. Remember that anyone selling a car at an auction is trying to make money and they are not just getting rid of the car to get rid of it. The majority of time they are just trying to make money and get rid of a piece of crap car.

By the time you are done bidding it is possible that you might be paying the same price that you would pay at a private dealer. The whole reason for going to an auction is to get a car cheaper than what you would at a private dealer. And some people travel quite far to go to these auctions. So when you think about it you might be in the hole after leaving the auction and you might as well go to a private dealer.

The majority of car sellers will not have a title and they will always say that the title is in transit. I once knew someone who waited four months for a title because the people kept jerking him around. Always make sure that you do not get caught up in a bidding war and end up paying way too much for the car. Do not ever forget that you will also have to pay a buyers premium.

There are a lot of places you can find auto auctions on-line and there are a lot of vehicles that you can get for a cheap price if you just use your head and remain calm and make sure to always keep a clear head and do not rush into things. If you rush into things this could result in you possibly getting a lemon.

A lot of auctions do a slim to nil car title check. The car auction then gives you nothing that guarantees that the title to the car is a clean title. Auto auctions will try to cut corners and do the bare minimum title check and most of them are not deep checks by far.

In my opinion, before you get the car I would suggest getting on-line and doing a title check no matter what the auction says. An auto check report is the only thing that you have to protect you from fraud. Remember all that the buyer is trying to do is make a buck and they do not care what they have to say or do to get that money and get rid of that car.

You always have to pay a higher price than what you actually bid for the car, this alone should tell you how terrible these auctions are. There sometimes is a buyers premium. So this means that you will have to pay at least a thousand or more on top of the price that you win the car for, and lets not forget you also have to pay for taxes on the car.

There are many things you have to consider before you try to buy a car at a auction. For instance, ii may be cheaper to buy a new car than to take the chance of getting a car that is not worth much and then have to either pay for lawyers to try to get you out of this mess or have to pay thousands of dollars on a car that will never run right.

Want to make sure you’re getting a good value at used car auctions? Wonder what you may be missing when you read car auction classifieds? Don’t buy the wrong car!

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