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Hi Everyone

I am only a new member but many people I speak to tell me that even though they are happy to buy a car at an online auction, the off line version scares them to death.

I have had a lot of experience at (off line - real) auctions and have found with a few basic rules you can get better value for your money and find the experience more rewarding and often less dangerous than the online equivalent.

Below is an exert from my used car website that discusses my secrets to buying a used car at auction as well as contributions from many sources about buying a used car. Awareness-Guide.com/Used-Cars

My Car Auction Secrets Revealed

I have been going to all sorts of auctions for years now and I admit in the beginning I felt apprehensive.

My introduction to the auction process was as a software developer some 15 years ago when many auction houses were computerising their operations. So as a result I spent a lot of time working on the inside and got the low down from experts in the auction industry, which invariably led to my participating on the outside as a bidder.

During this time I developed some simple ground rules that I think take all the guess work out of using an auction as a viable means to getting a great deal on a used car.

They make the whole process that much safer and are described below.

I hope you will be able to use some or all of these rules to help you get a great deal on your next used car too.

Pick a Style of Car Not a Make & Model

First of all I decide what I am after. By this I usually try to avoid a picking a particular make or model of used car. Instead I prefer to look for a style of vehicle. For instance my last purchase, I was looking for a small sedan, one in good to great condition, it had to have 4 cylinders (for fuel economies sake) and have a manual transmission. I also wanted a car that was less than 4 years old.

The auction I attended on this day, I had been through the auction catalogue online and determined there were about 6 cars that matched my criteria. I bid on the first three cars without making a purchase, they all sold above my price limit, and once I reach that limit I stop cold (that’s my second rule, set a maximum price and stick to it). As the forth car came up for auction I noticed there was far fewer people bidding, I usually wait before I bother to bid to have a look at who else is interested.

How to Spot a Car Dealer At Auction
If the car is being bid on only by used car dealers, the chances are good that you will be able to snap up the vehicle at a price at (or very close to) the wholesale price. Car dealers of course want to be able to on sell there purchases at a fair price so they too will only bid up to what they consider a realistic price. The dealers are easy to spot because of the volume of cars they buy.  

Too many people who make the effort to go to an auction looking for a car make the mistake of choosing only one car, one particular vehicle, and that’s bad. This means they may get into a bidding war with someone else interested in the very same car and as a result will pay way too much for their used car and be disappointed, or get the car they wanted and pay too much…

The idea here after all is to buy a used car at a price less than you would pay in a car yard or a private sale.

Pay Only 33% of the Street Value Of Your Next Used Cars - Leagally

In the example I used above, the car ended up buying came in under my budget limit by about $500. When I insured the car the agreed value with my car insurer was a little less than 3 times what I had paid… Now do you know why I go to car auctions for my used car purchases!

I hope this brief insight into how I buy at auction helps you to procure a used car of your choice at a price way better than the average bear in the woods will ever get.

Happy Used Car Hunting!

JB - Awareness-Guide.com  

HI there guys! im just new here! glad to meet you all ! i know ill learn too much from u!








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Hi...
Buying a car in auction is good when the condition of car is fine and we get it for affordable price..I purchased a car in an auction 2 years back, I am not satisfied with that,it was not up to my expectations.Many people I speak tell me that even though they are happy to buy a car at an online auction..

Bidding and winning a good is better i feel and its mere luck to get things at such low cost.

Some times i  feel  happy to get car from long distance in bidding and auction..

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Rosy8230
Car Auctions  

I heard that buying a car at an auction takes a lot of time, but it sounds pretty cool. I went to a used car shop and they buy all their cars from auction, but it was pretty shady because you don't know anything and they provide fake carfaxes. So just a heads up, it always best to do your own homework before purchasing a car.  

Many people are afraid to buy a used car at an auction. They are afraid of making a mistake and ending up with a "lemon". This fear is natural. It is also completely called for if you don’t know what you are doing. There are a few things you need to know before you even attempt to buy a car at a used car auction.
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williamgeorge  

At any rate, going to an auction is free... and fun!  
http://www.cutlassconvertible.com

Before you go to an auction get a copy of the Nada blue book i don't suggest kbb or any consumer blue book, You should be able to borrow a copy from your bank they get them every month so they may loan you one, Try to get the wholesale book which is black this is what a lot of dealers use in dealer auctions. just remember right now is a buyers market take your time and be prepared to walk from the auction with nothing.also try to contact the us marshals office to find which auction they send the drug cars to, or contact your local banks and credit unions to see if they have repossessions up for bids, if they do don't be afraid of insulting anyone by low biding even if they have a start price.
if you can prepare for purchasing a car a few months before you need to buy that's the best way to get your best deal.
I would also like to note you should go to any auction you plan to attend at least once before you plan to buy to get used to the process.


http://www.dontbeapatsy.com  

I am a huge fan of government auctions. I recently moved and pretty much furnished my apartment with stuff I have bought from them. I have also had my first taste of a police auction and am astonished at how low prices for cars are. They all seem in great shape unless otherwise noted. I would try a site like GovernmentAuctions.org - they have thousands of auctions.