Several people are normally fascinated by what goes on in car dealer car auctions. However, they do not normally master enough courage to attend the car auctions. They normally view them as sources of financial rip offs. In the actual sense, getting good deals at these types of dealer car auctions is relatively simple and you might even get addicted because the experience is exhilarating. One does not need to get a lot of knowledge in order to benefit from car auctions. Life is generally expensive with the constant rise in fuel prices pushing the prices of nearly all commodities up. Getting an area where you can save some money is like a God sent gift. Car dealer car auctions might be the gift because you can get a car still in good condition at these car auctions and save on money and time.
The people who are afraid of burning their fingers at car dealer car auctions need not worry anymore. There are people who have dipped their fingers in fire and do not want others to go through the excruciating process. The simple procedure is as follows:
Make Friends With Car Auction Workers
Making friends with car auction workers is very important because they have an in depth knowledge about the cars that are being auctioned. They can easily give you valuable information if you give them your specifications. If the car dealer auction worker likes you, he will inform you when something valuable comes up.
Ask the driver questions on the general performance of the car. Ask him about the engine condition as well as other aspects as air conditioning, and how long it takes the car to gain maximum speed. Take a keen look as he starts the car and drives, and note on various aspects as engine noise and how the gear performs.
You should not be the first person at the car auction but you should arrive reasonably early. Secure a spot that will enable you to closely monitor the goings on at the car dealer car auction. Never be in a hurry and leave early; instead stay a little longer. Most of the people who attend the car dealer car auction will have left with time. This will give you an opportunity to select a good car and buy it at a good bargain because the competitors are significantly few.
Instead, folks are finding out that auto auctions offer a plethora of cars for a steal of a deal. The old way of obtaining cars at auctions for low prices was to attend a live police auction. While this is still a good option, the best option nowadays is to look at online auto auctions. Dealers are wising up to this and placing a lot of their overflow stock or inventory that hasn’t sold onto the online auctions. Thus, the choices are many for the consumer who wants to save money by buying a car through an online auto auction.
Employ the services of a mechanic so that you can ask him about the various sound effects you heard on a car and its implications. Deposit your money in time at the car auction and secure your bidding number early. This will help you keep other bidders on their toes.
Save Money on New Cars by Buying Through an Auto Auction
With the state that the economy is in these days, everyone is looking to save money. It only makes sense that people want to save money on one of the biggest purchases of all – and I am not talking about a house (though there are auctions for houses now, too) – I’m talking about the purchase of a car. Although the prices of cars are going down due to an excess of inventory (since not many people are buying from the dealers currently), despite the lower prices, many people are still not buying the cars direct from the dealer.
Instead, folks are finding out that auto auctions offer a plethora of cars for a steal of a deal. The old way of obtaining cars at auctions for low prices was to attend a live police auction. While this is still a good option, the best option nowadays is to look at online auto auctions. Dealers are wising up to this and placing a lot of their overflow stock or inventory that hasn’t sold onto the online auctions. Thus, the choices are many for the consumer who wants to save money by buying a car through an online auto auction.
By far, the most popular online auto auction is through eBay Motors. EBay is a reputable online auction site, free to join, and the most well-known auction site throughout the world. Let eBay’s popularity help you out with your search. When you are searching for a particular car, if it is listed on eBay, it will most likely show up in the search engines. Do your homework on any car that you wish to buy, though, to make sure you know what the car is worth, the car’s specs, what is included, etc. so you won’t be ripped off or sold a “lemon.” Many of the cars listed on eBay are sold through both used and new car dealers, as well as individual people. There are several other good online auto auction sites that are also free to join.
A simple Google search will reveal some of the top online auto auction websites, and they are all free to join or register. The top result is I Bid Motors (ibidmotors.com), a huge online auto marketplace that advertises itself as “the better way to bid for cars online.” The cars are listed by make and model and by premier dealer; you can also save a list of your favorite cars, to keep an eye on the auction. Another popular auto auction website is Capital Auto Auction (capitalautoauction.com), which is the official site of auto auctions for the Salvation Army. This auto auction site is full of cars that are listed for auction below one-thousand dollars. There are several physical locations throughout the US, and you can find a list of locations on the website.
No matter which online auto auction you choose, as mentioned previously, you should always do your homework and research the car you want to buy. Some online auto auction companies, like Motobidia, offer a free car history report with your purchase. With others such as eBay Motors, it depends on the seller as to whether or not they offer a free history report. If not, don’t worry – you can always go to Carfax.com and order a vehicle history report on your own. In order to do this, you need to obtain some vital information about the car, such as the VIN (vehicle identification number), and the year the vehicle was made. If the car you are planning to bid on happens to be local to you, go to the physical auction site and check out the car. Bring a mechanic or someone knowledgeable about cars with you to help you check the car for problems and defects. Be sure you know just how much the car is worth, so as to avoid “being taken for a ride,” so to speak.