What You Should Avoid At Used Car Auctions

When it comes to used car auctions, it is every man for himself. There are laws that are suppose to protect the consumer but we all know that it is a lie and they only protect the person who rips off the consumer. Two words like “as is” provides a great defense for sellers. Some auctions you can go to will put a thirty day guarantee on the frame, motor and body of a car.

Always make sure that the contract says how many days you have before you need to get the title. If it does happen to take them longer to get the title to you then you can always get your money beck because this is a breach of contract on their behalf. I personally do not think it is safe to bid on a vehicle unless there is a title there.

The majority of car sellers will not have a title and they will always say that the title is in transit. I once knew someone who waited four months for a title because the people kept jerking him around. Always make sure that you do not get caught up in a bidding war and end up paying way too much for the car. Do not ever forget that you will also have to pay a buyers premium.

All of the same rules will apply when it comes to buying a car from a rental car company. These cars are still used cars and are still used by many many people. However the used cars from rental companies usually will have a free limited warranty on them from the company. Auctions are more dangerous because that is where all of the flooded and rebuilt cars usually go.

Remember that when you are buying a car on-line you can not inspect it by no means unless the car is being sold at a local auction. Now if you get an auction that is out of state then you cant look at the car at all until after you go and get it and then you might realize that it is not worth the price you paid for it by far,

In my opinion, before you get the car I would suggest getting on-line and doing a title check no matter what the auction says. An auto check report is the only thing that you have to protect you from fraud. Remember all that the buyer is trying to do is make a buck and they do not care what they have to say or do to get that money and get rid of that car.

You always have to pay a higher price than what you actually bid for the car, this alone should tell you how terrible these auctions are. There sometimes is a buyers premium. So this means that you will have to pay at least a thousand or more on top of the price that you win the car for, and lets not forget you also have to pay for taxes on the car.

No matter what, always make sure that what you get is going to be worth the money that you pay for it because you do not want to get something that is a piece of crap and end up paying way more for it than what it is worth.

Want to make sure you’re getting a good value at used car auctions? Worried what you may be missing when you read car auction classifieds? Don’t buy the wrong car!

categories: car auctions,used car auctions,buying used cars,used vehicles,used cars,used trucks,autos,automotive,auctions,vehicles,cars

In: Automotive

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