Title: Tips To Avoid Buying Scrap Car At Auction (1)
1Tips To Avoid Buying Scrap Car At Auction
- Car auctions can be a great place to grab a
bargain, it can also be a great place to sell a
car fast with no worries about people wasting
your time and hitting you with low ball offers.
2- Before you go to a car auction to buy why not
visit a few times and just watch what is going on
and get a feel for the whole auction process - Think about the car you want to buy including
make and model, do not just bid on anything that
looks nice! -
- If the car you had your heart on goes for too
much money do not panic buy another car, there
will be plenty more of what you want in future
auctions -
- Have a budget in mind and do not exceed that
budget.
3- Arrive at the auction early and study the
catalogue and maybe create a possible purchase
list, research prices, pros and cons of the cars,
reviews and common faults. -
- Try to view the cars before they go through the
auction block -
- Be aware of the buyers premium that has to be
paid to the auction house -
- Look for tell tale signs of engine damage- water
or oil leaking, excessive smoke or parts dragging
along the floor
4- Get close and listen chances are if there is an
issue with the engine you will hear some noises
that are not meant to be there -
- Pay on debit card not credit card as credit cards
usually charge an additional fee -
- Listen clearly to the auctioneer they will give
you all the information you need
5- I often go to car auctions and hunt scrap cars,
in fact there is nothing more I like to see than
an old car at the auction because I know hardly
anyone will want it and I know I can make money
from recycling scrap cars. You want to avoid
buying a scrap car so follow our hints and I am
sure you will find a bargain along the way.
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