Auto auctions are very appealing and are not something we should get too excited over. Car auctions offer great opportunities and can lead some buyers into financial strife. The fact of the matter is, second hand and repo car auctions offer the best chance of getting something worth much more than you pay. It is all about doing your homework. Follow this guide and get started.
Get to know how these auctions work. Go to a few before you are even ready to buy a car just to get the feel of them. Learn how people bid, and learn how to keep the attention of the auctioneer.
Choose your car auctions well. There are many different types. For example, there are repossession car auctions, used government vehicle auctions, abandoned car auctions, and many more. Do your research.
Think about the timing. Weekend auctions will have more visitors because more people have the time. This results in higher prices.
Make sure you are fully aware of any fees or extra charges for each particular car auction. Remember you there are no comebacks, you can?t complain, you can?t change your mind, and you have to pay on the day.
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Source: http://cars.uk.msn.com/news/articles.aspx?cp-documentid=147864486
Source: http://www.zenfoodism.com/2012/12/top-tips-for-buy-at-car-auctions/
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