Auto Auction Buyers Club Llc

Tips for Attending an Auto Auction

It doesn't matter whether you are bidding on auctions online or face-to-face, it's always better to be ready and educated prior to making an offer at auction. Use these strategies to get the most out of your trip to the auction of your car.

Explore Your Options

To ensure that you get the best deal, take the time to study auctions prior to you go. It is essential to understand what certain models of cars are sold in the marketplace. This will enable you to compare the market value of each proposal.

Plan your spending

Before you begin looking for cars, determine how much money and what kinds of vehicles you're willing to spend. Include taxes and registration fees in your budget estimations so that you don't have to pay for them later. Also, ensure you have enough time to make payment.

Invite a friend to join you.

If you are looking at cars at auction It is advisable to have a knowledgeable guide. They will not only help you gain a better knowledge of the vehicle's overall state, but they can detect issues that you may have missed.

Make sure to check out the car

Don't bid on a car before you've had a chance to inspect it and find out your own if there are any major problems that need fixing or parts which require replacement. Before you make an offer to purchase a vehicle, make sure you have an inspection and ask questions about maintenance or any other issues.

Auto Auction Buyers Club Llc

Frequently Asked Questions

Public auctions provide no warranties or guarantees. Banks, on average, have the best inventory at the best prices. According to Edmunds, these are the vehicles to look for at public auction. They are usually repossessed cars and trucks that the lender simply needs to sell for a profit in order to make up for losses.

GREEN LIGHT: Indicates that the vehicle is subject to the auction's arbitration provisions. Any vehicle selling for $3,000 or less is sold AS-IS and cannot be arbitrated for any reason other than an odometer or title discrepancy, regardless of the light.

Most of the vehicles auctioned are government surplus vehicles. This happens when different government agencies purchase new vehicles, and they need to dispose of the old ones. Other vehicles in these auctions are also government-seized vehicles that have been confiscated for various reasons.