Experiencing Used Car Auctions

You've heard of used car auctions and how people have often bought cars there for unbelievably low prices. And now that you've saved up enough to buy a used car yourself, you've decided to buy one at your first car auction. A word of caution before we offer you some valuable tips. Please remember that vehicles at auto auctions are sold "as is". What's more, they don't come with a warranty. Bear this in mind when you're bidding for a car so that you don't invest more than what the car is worth.

When you set off for the auction you'll be excited about buying your dream car at a great price. But you've got to be realistic. You'll be overwhelmed by the huge line up of thousands of cars at the auction and your excitement could make you take the wrong decision. So don't rush off to your first car auction without doing your homework. For instance, do you know which documents you need to carry or what would be the right amount for an initial bidding price for a particular car? Are you familiar with the legalities that bidders have to abide by at car auctions?

Used car auctions online

There are a few important things you should be aware of before going to a public, police or a government car auction to avoid going overboard with your bidding. First, ensure you have an adequate bank balance for any car bought at a used car auction has to be paid for in full. Check beforehand if private checks will be accepted at the auction. Also, carry your driver's license as well as some other ID proof. This will be needed to place bids and also for doing the title work and completing the Department of Motor Vehicles registration.

If possible, try and find out in advance which of the cars you're interested in will be auctioned that day. Next, go to the website KBB.com and verify the wholesale cost of the cars you like. This will give you an idea of what your starting bid for these vehicles should be. Often, some vehicles have a reserve or minimum price for which they can be sold. If this price tag is too high for you, don't bid on such cars. Never get into bidding wars and make sure you don't bid more than what you can afford.

To find out if a used car or truck has had any accident before or is damaged in any way, check the Carfax or Auto Check online. You could also take along a mechanic you know to the used car auction. Often ordinary people fail to notice cleverly concealed signs of damage, but car mechanics would be hard to fool. They can easily spot any earlier damages to any vehicle or tell if a car has been in an accident before.

Used Car from Japan

Nowadays, you can also bid for your dream car or truck at online used car auctions and online used truck auctions. You can find high quality used cars from Japan as well as trucks such as used UD trucks and used Hino trucks.

If you bear these tips in mind you'll be able to bid wisely and get a good deal at your first car auction.