Used Car Auctions Can Save You Money
Looking for a great deal on a car? Try used car auctions. There you’ll find everything from luxury automobiles to junk projects. Many people purchase cars this way either for themselves or to sell at a profit. This pleasant experience, however, can quickly turn sour if you don’t know a few things.
Some of what can go wrong includes buying a bad car. There are lemons at auctions too. Cars sold at such auctions are generally sold according to used car laws which tend to make it an as is sale. Remember the old Sesame Street skit in which a man looks over a car with “as is” in the window He makes a cursory look at the car, but every question is met with “the car is as is” from the salesman. Finally the man agrees to buy the car, pays for it, but when he opens the door to get into the car it falls to pieces. He exclaims “I want the car as was!” Don’t be like that man.
Car auctions generally give potential buyers time to look over the cars. If an auction won’t do that, run. Arrive early. Look around and test drive the cars of interest. Bring a mechanic to provide an expert eye. If that isn’t possible, at least drive the car for an inspection during the test drive. It doesn’t take long to check key components like the engine and breaks. Check other elements for damage. This includes the body, upholstery, and bumpers .
Auctions also come with a built in problem. Auction prices can be terrific, but sometimes people assume a bargain where there is none. Like other types of auctions, auto auctions can be the same way. The bidding can easily escalate to well over the car’s value. There are also fees to pay, so pay close attention. Be armed with Kelly Blue Book values as well as real sales examples of similar models and years. Phones with Internet access can bring this info to your fingertips while attending. It’s pretty foolish to pay more for a car than it’s worth even if it’s an eye catcher.
Find more info on cars and car rentals here Preowned Cars and also here National Car Rental Company