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Thursday, November 19, 2009

Tips And Secrets For Buying At Used Car Auctions

By Jack Logan

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.

By the time you are done bidding it is possible that you might be paying the same price that you would pay at a private dealer. The whole reason for going to an auction is to get a car cheaper than what you would at a private dealer. And some people travel quite far to go to these auctions. So when you think about it you might be in the hole after leaving the auction and you might as well go to a private dealer.

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.

Take every step you possibly can to protect yourself from scams. This way you won't end up needing a lawyer. You usually won't find a lawyer that will take a case when it comes to used cars because it is not worth their time. Then there is the states attorney and I don't think that they have the time or could care less about you and your bad deal on a used car.

A lot of auctions do a slim to nil car title check. The car auction then gives you nothing that guarantees that the title to the car is a clean title. Auto auctions will try to cut corners and do the bare minimum title check and most of them are not deep checks by far.

Always get to the auction as early as you possibly can so that you can pick out what you are bidding on and to make sure that you can inspect it as much as you can. Make sure to beat the crowds so that there is no one and nothing to distract you. Bring a Kelly blue book with you so that you are not going to be over paying for something.

One way you can get a car at a whole sale auction is to know a private dealer and you could probably go with them as an assistant or you could possibly tell them what you are looking for before they go and then you could just buy the car from them.

There are many things you have to consider before you try to buy a car at a auction. For instance, ii may be cheaper to buy a new car than to take the chance of getting a car that is not worth much and then have to either pay for lawyers to try to get you out of this mess or have to pay thousands of dollars on a car that will never run right. - 21392

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