Types of Used Car Auctions
On-line car auctions like those found on Yahoo and Ebay are really convenient and you can look for the auto you like without leaving the house. Don't forget, though which you are acquiring a vehicle you've never laid eyes on also it never checked physically.
This really should not deter you, however. You will find a lot of sellers on-line who're legitimate and if you are patient sufficient, you may just get a great purchase.
Government auctions are also an excellent place to shop for used cars. These are typically decommissioned or government-seized vehicles. You will find registered auction lots all over the United States of America.
If you wish for participate, you may must register and get a bidder number from an auction home before the sale. The registration is no cost.
A caveat: some of these cars have not been driven or maintained in a while, so that they may possibly not be in good condition.
Tips for Participating in the Auction
Acquiring duped into getting what appeared like a great car on the exterior, simply to wind up with a completely useless piece of scrap two days later.
Look into the car's history by way of Carfax, an Internet service that allows you to search a car's background. A Carfax report can have reports from insurance firms, police, DMVs and other sources. A similar service is provided by AutoCheck.
Inspect a corner and hood and open all doors. When you have a VIN number with you, you'll be able to match the car with it. When the car doesn't match, it could be a stolen vehicle or was fixed using another car's parts.
Protect yourself by understanding what has to be checked such as tires, mileage, carburetors and controls. Check for damages and signs of misalignment, rust, paint chips, leak, flooding or evidence of paint jobs, crooked windows, excessive mileage, malfunctioning A/C, dents and scratches.
Spend some time so you do not get carried away. In the heat from the auction battle, you can let your passion take over and merely maintain bidding, forgetting about the buyer's premium and never realizing that you simply might be buying that used vehicle in a greater cost than fair market value, which really defeats the objective of your joining an auction within the first place.
It's about acquiring good quality too so it's best to possess the true details prior to going in not just to find the right vehicle at a fine cost, but also to avoid unnecessary headaches and bad deals.