Tips To Avoid Buying Scrap Car At Auction (1)

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Tips To Avoid Buying Scrap Car At Auction (1)

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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. There are probably more minefields and problem cars going through the auction than there are straight cars. A lot of cars at an auction are from motor dealers, One must ask themselves why isn’t the dealer selling the car? It is there job after all! – PowerPoint PPT presentation

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Title: Tips To Avoid Buying Scrap Car At Auction (1)


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Tips 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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