Automotive Auctions - research, bid and save big time
58Automotive Auctions
Automotive Auctions - The dealers do it, why not you?
If your looking to buy a nearly new or used vehicle in the near future you should consider purchasing your next car at one of the thousands of Automotive Auctions around the country. I can say from first hand knowledge that buying a car at 60-70% below fair market value is not only possible, but it is a common occurance at many automotive auctions.
In this economy keeping an extra $1000 dollars or two in your pocket will make a huge difference. Think about it. There are thousands of people every day losing there vehicles and houses. People just can't afford them any more and are forced to let them go. The banks reposess these vehicles and they end up in one of the many automotive auctions around the country.
That is where the dealers get 90% of the used vehicles they have on there lots. So why not cut out the middle man and go to the auction yourself and save thousands of dollars by doing the same thing.
There Are Good, Legitimate, Car Auction Sites Out There That Serve Their Users Well.
Government Automotive Auctions in Action
Bidding online at Automotive Auctions
When it comes to automotive auction sites, I have found that you can indeed find what you're looking for and you can expect to pay as little as 25 cents on the dollar or less for your car if you do the research first, stick to your numbers and above all be patient for the right deal. To do this, it's best to stick to the 4 top sites that are far superior to the rest. They have more auctions, more cars and more support. They operate with integrity. If you browse these sites consistently, and if you remain patient, your car will become available at the right price within a few weeks, whether it's a Hummer, Honda or Harley - it's out there, trust me.
The biggest rule to remember when it comes to these automotive auction sites, and auctions in general: Go in with a plan. Do the research. The car sites like Edmunds and especially Kelley Blue Book are particularly useful. Know your models and know how mileage, condition and options effect value. Then stick with what you know. Don't bid outside your knowledge-base just because a great looking car seems like a good deal. If you've done the research on a Honda Accord, don't haphazardly bid on a Lexus, just because it seems like a good deal. You want to know it's a good deal. Do a little research and your confidence and proficiency will lead you to better buys and wiser bids.
The four best Automotive Auctions you should consider
When you've determined a fair value for the car you want, take that information and see if similar cars have sold for that price at one of the top auction sites. This sanity check will tell you if you have made sound decisions about the price you want to pay. This can often translate into 60% to 70% or more off blue book value. Then, if necessary, adjust and set a goal price for your search and stick to it. Stick to your goals as long as they are reasonable. There is no reason to sway from your research. Don't overbid and don't chase auctions.
Armed with this advice, read about the four best automotive auctions you should consider when conducting your search. These four sites are the only ones that deserve mention and free publicity. I have rated each and only included the four here that rated better than four out of five stars.
Automotive Auctions Review
If you have had favorable experiences (or bad ones for that matter) with an Automotive Auction site, we would love to hear about it. Please leave a comment below and we will attempt to include your information on our review site. That knowledge will help us improve the information we provide. Thank you for visting this site and...
Happy Driving!
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