Buying Vehicles at Auto Auctions | Auction Systems Blog

Auto auctions aren?t for everyone.? It takes steady nerves and a wealth of knowledge to find a car really worth buying, especially when you are competing with other interested buyers.? The first step is to know the auctioneer.? Auction Systems, one of Phoenix?s premier auction houses, is one of the best in the business.? They offer not only vehicles, but just about everything else as well.

Do Your Research

Not only should you have a clear idea of the dealer?s reputation, you should make the time to get to the preview.? Make use of auto history sites by entering the vehicle?s VIN.? If you can get the name of the previous owner, that?s even better.? An owner with a poor reputation can ruin even the best car.? The VIN should provide you with information about any previous accidents, and hopefully an indication of whether or not the previous owner performed routine maintenance on the vehicle.

Look Around

When you do go to the preview, look at the car closely.? Check the paint work, the body, the interior, and the trim.? Get a look under the car to see if the undercarriage is rusted.? Inspect the floor and carpeting for damage caused by flooding; some cars are auctioned off after they have been submerged in flash floods.? If everything looks good, you are ready to place an offer.

Stick to Your Budget

This is where knowledge plays a part.? You need to know how much the vehicle in question is actually worth.? Some argue that you can save up to 70% when compared with traditional car markets if you buy at auction.? Determine your top price and don?t get tempted to go higher.? There will always be other cars that come up at this auction or other auctions, and by sticking to your guns, you will get that deal you want.

Keep in mind that even if you don?t get the car you want at this auction, you can try again next time.? Auto auctions are common events, and with a bit of work, it won?t be long before you make your big score.

Tags: auction systems auctioneers and appraisers, auto auctions

This entry was posted on Thursday, August 16th, 2012 at 2:29 am and is filed under auto auction. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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