For those of you that may be questioning if you can afford to buy your dream car and even get a excellent operating vehicle, the answer is, yes of course you can. Buy from a car auction Bank Repo or seized. No Problem right??
Well as with most any car it would be a lie to say there is no chances taken when buying used cars. There is a risk. However when you know what you want and do some work it becomes very rewarding. With a savings of 50% to 60% off retail that's a chance worth your efforts.
To assist you and make matters a bit easier when purchasing a used car especially at a live car auctions, here are some of the most used buying tips based on extensive research and some good old know how experience from buyers through-out the country.
1. Usually the most valued cars to buy from auctions are Bank Repo's or Seized vehicles. There is all types including salvage vehicles from accidents or floods/disasters placed up for auction sale by insurance companies or private owners etc.. Sometimes you can distinguish a little about the car by looking at the paper work if they offer it. The best thing to do is get the vin # and do a history check online at Experian "Checkauto". Bank Repo's and seized vehicles are a good choice because they were normally well maintained by the owners and very often are in good condition
2. Make sure you have a pen and paper when you go to an auction or to check out any used car. While checking the vin# write it down and then open all the doors and compartments in the vehicle, hood and trunk as well. Now check that vin# against all vin#'s seen on the vehicle. Sometimes they are along the door sticker and/or trunk. See if they all agree with the one that is plated in the lower niche bottom of the windshield, usually on the driver side. If they don't agree, it is possible the car was in a bad crash and the door panels were changed or the car was stolen and it would be advisable to stay away from this one.
3. You can also easily check-out, while the doors are open, under the carpet and in the trunk for dampness or rust under the seats. Also look in the engine area for water stains around the engine block. If there is a water line stain around the engine block, rust under the seats or the floor feels damp it?s very likely this car was in a flood. Obviously this would be a good one to stay away from too.
4. While the hood is still open find the oil dipstick. draw it out and take a at the oil on the end of the stick. Do you see heavy dirt deposits? or is it like sludge? That wouldn't be a good sign if there is.The auto was plausibly not well maintained or it has been sitting a long time. It may not be a real problem but when there is always more cars to see. Pas This up you will thank me later.
5. One more major item to check is the transmission. To check the transmission, you can start the car put your foot on the brake and hold it there, then put it in drive and reverse to see if there is a clunking noise or slipping feel while you hold the brake. Do not drive the car around that's not allowed at car auctions. A little clunk is ok, but If there is excessive noise it?s got problems stay away from that one as well.
There aren't many things guaranteed in life but if you do the 5 inspection tips mention above it defiantly limits the risks of buying a junk car. What may appear nice on the outside is not always what is on the inside. Spend some time looking over the cars, enjoy it and really know what you are bidding on before you start to bid on it.
Something else you should keep in mind when browsing for any car. Do not get attached to a car. Follow the guide lines and avoid the auction cars with the problems as referred above. There is numerous great automobiles out there you will find what you want if you just look hard enough. Even if you leave an auction empty handed there is slew of auctions every week in every state across the country. Happy car shopping! Enjoy your search and have fun!
Well as with most any car it would be a lie to say there is no chances taken when buying used cars. There is a risk. However when you know what you want and do some work it becomes very rewarding. With a savings of 50% to 60% off retail that's a chance worth your efforts.
To assist you and make matters a bit easier when purchasing a used car especially at a live car auctions, here are some of the most used buying tips based on extensive research and some good old know how experience from buyers through-out the country.
1. Usually the most valued cars to buy from auctions are Bank Repo's or Seized vehicles. There is all types including salvage vehicles from accidents or floods/disasters placed up for auction sale by insurance companies or private owners etc.. Sometimes you can distinguish a little about the car by looking at the paper work if they offer it. The best thing to do is get the vin # and do a history check online at Experian "Checkauto". Bank Repo's and seized vehicles are a good choice because they were normally well maintained by the owners and very often are in good condition
2. Make sure you have a pen and paper when you go to an auction or to check out any used car. While checking the vin# write it down and then open all the doors and compartments in the vehicle, hood and trunk as well. Now check that vin# against all vin#'s seen on the vehicle. Sometimes they are along the door sticker and/or trunk. See if they all agree with the one that is plated in the lower niche bottom of the windshield, usually on the driver side. If they don't agree, it is possible the car was in a bad crash and the door panels were changed or the car was stolen and it would be advisable to stay away from this one.
3. You can also easily check-out, while the doors are open, under the carpet and in the trunk for dampness or rust under the seats. Also look in the engine area for water stains around the engine block. If there is a water line stain around the engine block, rust under the seats or the floor feels damp it?s very likely this car was in a flood. Obviously this would be a good one to stay away from too.
4. While the hood is still open find the oil dipstick. draw it out and take a at the oil on the end of the stick. Do you see heavy dirt deposits? or is it like sludge? That wouldn't be a good sign if there is.The auto was plausibly not well maintained or it has been sitting a long time. It may not be a real problem but when there is always more cars to see. Pas This up you will thank me later.
5. One more major item to check is the transmission. To check the transmission, you can start the car put your foot on the brake and hold it there, then put it in drive and reverse to see if there is a clunking noise or slipping feel while you hold the brake. Do not drive the car around that's not allowed at car auctions. A little clunk is ok, but If there is excessive noise it?s got problems stay away from that one as well.
There aren't many things guaranteed in life but if you do the 5 inspection tips mention above it defiantly limits the risks of buying a junk car. What may appear nice on the outside is not always what is on the inside. Spend some time looking over the cars, enjoy it and really know what you are bidding on before you start to bid on it.
Something else you should keep in mind when browsing for any car. Do not get attached to a car. Follow the guide lines and avoid the auction cars with the problems as referred above. There is numerous great automobiles out there you will find what you want if you just look hard enough. Even if you leave an auction empty handed there is slew of auctions every week in every state across the country. Happy car shopping! Enjoy your search and have fun!
About the Author:
Samual has an interest in buying 4X4 trucks for 50% to 80% less blue book value at auctions, sometimes he keeps them for fun and/or sells them quick for profit. Check out his site for more free Live Auction Buying Tips and recommended seized-car auction site
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