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It’s easy to find discounted car bargains at a public auto auction. Anything from older, junk fixer uppers to great newer cars even to expensive luxury models can be found. A lot of people buy these vehicles either to drive themselves or to mark up for future sale. But unless you keep some things in mind the auction can turn into a nightmare.

Maybe the car isn’t as wonderful as it seemed. Every car at an auction isn’t a hidden gem. Cars sold at such auctions are generally sold according to used car laws which tend to make it an “as is” sale. Remember the old Sesame Street skit in which a man looks over a car with “as is” in the window. As he inspects the car he asks a lot of questions to which the salesman always responds “as is”. After the sale is final the buyer tries to drive the car, but the doors fall off and the engine explodes. He exclaims “I want the car as was!” Don’t be like that man.

People are given the chance to inspect the vehicles at auto auctions. Don’t make a purchase or even a bid at any auction that won’t accommodate that practice. Spend time at the facility before the auction begins. Look around and test drive the cars of interest. Bring a mechanic to provide an expert eye. If that isn’t possible, at least drive the car for an inspection during the test drive. A good mechanic can provide a thorough inspection in a short time. Look for other issues such as dings or dents or rust .

Auctions also come with a built in problem. Auctions can be a great deal, but the price could also be more than common retail. It’s no different at auto auctions. The bidding can easily escalate to well over the car’s value. Add the fees often associated with the auction and it means great care must be taken to know the real value of a car. Know the prices of similar models in similar conditions from Kelly Blue Book or other sales data. With Internet enabled phones and the like it’s now easy to look up this information while on site. Don’t pay more than the car is worth, even if it’s a coveted antique.

Keep in mind there are deals to be found. Don’t go in blind, however. There’s a sucker born every minute. Don’t be the minute man at an auto auction.

It can be difficult finding a car you like at a price that’s affordable. When you shop at a typical car dealership, you’re constrained by what they have for sale, and there isn’t a lot of flexibility in the price. But an alternative that many people don’t think of is the public auto auction.

So what is an auto auction exactly? It’s an event where both individuals and dealers can purchase vehicles by bidding on them. The main benefit is that you are more in control of the situation.

Is the bidding price getting too high for your wallet? Simply quit bidding. Or maybe nobody else is bidding on that mint convertible and you’re able to buy it for a song. You don’t have to fall in with the demands of the dealer. Buy your vehicle like they do and don’t pay the middleman fee.

You have more than one choice when it comes to purchasing a car from a public auto auction. The conventional way is to attend the auction in person. You stand there with everyone else who is hoping to get a good deal on a car. To bid on the vehicle you want, you lift up your bid paddle. The last person to bid is the winner.

Another option for placing your bid is through the internet. An online auto auction is gaining in popularity as a convenient way to buy a car. It’s becoming more common for auction houses to have a real time, online bidding system.

Say for example that the auction that interests you is too far away to travel to. However, you can bid on the car of your dreams from the comfort of your own home. This is actual bidding just as if you were right there at the auction. Instead of raising your paddle, you input your bid through your computer. Many people find it preferable to standing in the crowd and holding up their paddle.

It’s possible to get a real bargain at an auto auction. Some of them sell off cars that have been donated and offer them at no minimum bid. Of course, there’s usually a good reason that the car was donated. It probably needs a lot of work. But for people who are skilled at fixing up cars, it can be a really good deal.

Buying your vehicle at an auto auction is a whole different way of doing business. You bid on exactly what you want and pay only what you can afford. You can buy your car the same way the dealers do and save yourself some money.

In recent years, buying cars at used car auctions has become a popular way to try to get the best deal on all kinds of motor vehicles, from motorcycles to recreational vehicles. Many people say they really like the process of auto auctions, especially because they can usually get a much better price than they ever could hope for from a dealership, plus there is no haggling. A Japanese used car auction is the best place to look if you want a Japanese model at an auction price.

While all kinds of different auctions are getting increasingly popular, from the online car auction sites to the functions held at car auction houses, it seems the Japanese car auction events are gaining in popularity even faster than other types. Part of the reason for this is the general popularity of the Japanese cars these days because of their overall reliability and because they get better gas mileage than many American made vehicles.

Because of these factors, many more people are starting to consider Japanese models, as they represent some of the best values on the market today. Combine that with the prices that people can get through a Japanese used car auction and it makes a lot of sense to try to locate these special types of used car auctions in your area.

There are many different types of vehicle auctions these days that will often feature Japanese car models, as well as many others brands of vehicles. A great number of the cars that are sold at any kind of car auto auction are seized cars and repossessed cars. These are cars that have been seized by a governmental agency because of some type of illegal activity on the part of the owner, or they have been repossessed by the financial lending institution because of failure to pay on the debt.

No matter what type of public car auction you attend, whether it is for a used Japanese car or a collector car, there are some basic things that must be understood about how all motor car auctions work. First of all, you need to either have cash, a cashier’s check or a pre-approved loan before you can even register at the auction and participate in the bidding.

The reason why you have to have the money upfront is that all sales at auto auctions are final and you are expected to pay for the vehicle as soon as the auction is over. Because sales are final, you also need to be confident in your ability to spot any problems that a used car has during the brief inspection time that you will have before the bidding starts.

While a Japanese used car auction can be a great way to get a terrific price on a quality vehicle, you also have to be aware that in addition to the sales being final, the cars are also sold “as is.” This means that they carry no warranty and no guarantee. If you are the winning bidder on a car and you discover problems with it before you even drive it off the auction lot, then there is absolutely no recourse open to you at that point.

Buying a car is always a big responsibility. But making that choice on where to buy your car is a huge decision that needs to be thought through carefully. There are many choices on where you can buy your next automobile. You may buy it from a car lot or even off of EBay but have you considered local auto auctions as a place to get your next used car? Auto auctions are becoming quite popular. However there are some factors that you should certainly take into consideration prior to completing such a significant purchase from an auction. Are you getting the best deal for your money? What happens if something goes wrong? These are questions that you have to think about when it comes to your new purchase. In the rest of this article we will cover what auto auctions are and how they can either help or hinder your pursuit of a new automobile.

Are auto auctions open to the public?

Most auto auctions are open to the public. This is especially true of vehicles that are being auctioned off on online websites. You may be required to register with the auction house before you begin bidding though. They will verify your identity and verify that you have a way to pay for the automobile after you have won the auction. There are some auctions, though, that are closed to the public. These auctions are only open to car dealers. The best way to find out if an auction is open to the public is to call the auction house and ask.

How do I know if my new purchase comes with a clean title?

Usually the auctioneer will let the crowd know whether or not the vehicle comes with a clean title. Before the auction begins most people are given the opportunity to check over the vehicle and ask questions. If you are not sure of what a clean title is, it is when a vehicle is free from liens and has never been wrecked or at least not wrecked to the point where it is now a salvaged car. If the auctioneer does not volunteer the information then you definitely want to ask before you make the purchase. There is nothing quite like finding out that your new vehicle is still under a lien or has been wrecked to ruin the good feeling of having a new car.

Where do auto auctions get their cars??

Auto auctions obtain their automobiles from various different sources. The automobiles might be from repossessions that are foreclosed by the lender or even the bank. Some cars come from private owners who want to sell their car in an auction environment rather than through the newspaper. Ebay is an online auction site that has become very popular with quite a number of dealership who sell their inventory through that website.

What happens if I buy a car and it does not run as the seller said it would?

If the seller guaranteed you that the car had no obvious defects but you later found out that the transmission was slipping it may be a case of the seller not knowing about the defect. This is where the law comes into play. The law must factor in what the seller disclosed and what he or she did not disclose to the buyer before the purchase. There are some cases where the seller did not realize there was a potential flaw with the car when it was sold. Many sellers will sell the car “as is” and state any obvious defects that they are aware of. If you asked them specifically about something on the car and it was very obvious that they lied, you may have a case where you can get your money back. You will have to consult with a local attorney who can tell you the laws of buying a car in your state.

To learn more go to Government Auction Repossessed Cars also
Government Auction and at IRS Auctions