Here's Why an Auto Auction May be the Best Choice for you
An auto auction is simply selling a vehicle to the highest bidder. Cars are the most common vehicles sold by an auto auction. If you are looking at buying a car at an auto auction there are some really good deals available to you.
With a little bit of luck, you might be able to get a nicer car then you could normally afford. If you are planning on going to a auction, you should keep in mined these few tips.
You will usually find that the cars at an auto auction comes from rental companies or are repossessed. Company cars are also available at an auto auction.
As rental companies or car dealers need to re stock their inventory they will sell the cars at an auto auction. Because you can not test drive a car at an auto auction until the sale is complete you may want to bring along a mechanic or someone with mechanical knowledge of cars to help you inspect them before you bid. If the car is being sold by a dealer, they are required by law to reveal any problems or defects, but remember that this will not always be 100% accurate.
The biggest benefit for you is the savings you will get when you buy at a auto auction. It is not out of the question to see a savings of 60% to 90% off of the book value at an auction. If you spend some time researching, you could save yourself some cash and end up getting a great car for much less than going to a dealer.
You will want to look for lower mileage cars. The newer the better. You may even be able to find a car with some of the original warranty left on it.
A low starting bid of $100 to $500 is possible. To avoid getting into a bidding war and possibly going over your budget you need to establish going in what you are looking for and how much you are willing to spend. Taking your emotion out of an car auction is always a good idea if you are looking for the best deal possible.
Some people like to buy luxury autos at an auto auction. If this is a dream of yours be patient.
The first time you might not find what you are looking for. Showing up to as many auctions as you can and on slow days in the middle of the week can be to your advantage as well.
Related Tags: auto auctions, car auction
Perry L Gibson is a long time auto auctions attendee, you can receive more information at: http://www.usautoreview.com If you would like to get information, be sure to sign up for our reports.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Improve the Value of Your Truck With a Truck Bed Cover
If you are a truck owner and are looking for a way to increase the value and also protect your inves - An Overview of Emergency Road Services
Anyone that owns a vehicle definitely understands that there are truly countless facets of driving a - Buying From Car and Truck Auctions in Canada
Buying a vehicle from an auction can be a good way to pick up a bargain as long as you know what you - 2011 Green Car Of The Year- Who's In It To Win It!
The Green Car of the Year award is a program designed by Green Car Jouranl to recognize and honor ve - Honda's 2010 Odyssey is Efficient, Practical and Convenient
If you are looking for a minivan that has a seating capacity of up to eight persons and handles almo - Greener Trucks For Delivery Work
Green' is a word you'll hear a lot when it comes to transportation, from bicycles to buses - but you - The Courier and Haute Couture
Some jobs just ooze opportunity to flaunt yourself and show off your latest togs but sadly that's ra - All-New 2011 Toyota Camry
The Toyota Camry has been a continuous leader for years in the family midsize sedan class by being a - The Various Benefits Of Summer Tires
As you probably know , different tires are optimized for different conditions. Not only that, someth - A Couple of Tips on Buying a Used Cars in Toronto
If your old car has finally kicked the bucket and you need to get yourself a new mode of transport t
Most viewed articles in this category:
- How to Remove Window Tint
Applying tinting film to car or household windows may be fun, but removing it can be tricky if yo - Transporting Your Car
If you are relocating to another state or another country for employment or family reasons, you may - Choosing The Right Sticker For The Motorcycle Helmet
When people decide to buy a motorcycle, the dealer will usually throw in a helmet. This is because s - Suzuki's 2007 Xl7, “wave” Grand Vitara Debuts at the 2007 Scias
In the news: American Suzuki Motor Corporation has presented its array of cars and SUVs at the 2007 - Nissan Skyline GTR: A Racer That Is Affordable
If you've ever eyed a Porsche 911 or a Ferrari Testarossa, but thought the price was too steep, the - How To Buy Cheap Cars
There are a number of seized car auctions held in various places every month or at least quarterly. - Federal Agencies Expands Hybrid Fleet
Three federal agencies in Kansas recently added hybrid vehicles to their fleet. The hybrid vehicles - New Cars, New Gadgets Presented at the 2007 Naias
The 2007 North American International Auto Show has become an event of glamour, fashion and technolo - Aura Green Line Added to 3 Federal Fleets in Kansas
Three Kansas City area federal agencies added Monday the new 2007 Saturn Aura Green Line hybrid vehi - Top Vehicles by Autoweek Editors Honored at 2007 Naias
Everybody has favorites. Bill may like Ford cars. Susan may be attracted much by the power of pi
