If you are looking to get a great deal on a used vehicle, you may want to find and attend an auto salvage auction in your area. Here are a few tips to help you get through your first auto salvage auction.
Show Up Early
Find out how early you can show up to the auction. Make sure you are there at least fifteen minutes before you are allowed to enter the premises; that way, you know you will be one of the first ones in through the doors. If other individuals are waiting for them to open as well, talk with them and try to pick up any insight and advice you can about the auction process.
Once you are allowed into the auction area, the first thing you need to do is check in and get the information sheet on all the vehicles being auctioned and pay attention to the starting bid prices. Highlight or make a notation next to all the vehicles that you are interested in purchasing.
Really Inspect The Vehicles
Now that you have the vehicle auction list, you need to take the time to really inspect every vehicle that you are interested in purchasing. It can be helpful to bring an inspection checklist with you that goes over all the areas you want to look over for each vehicle; that way, you can keep everything straight.
Don't just pay attention to the cosmetics; make sure that you check under the hood and make sure that the mechanics of the vehicle are in good shape too. If the vehicle has problems, make sure they are ones that you can fix and that still make the price a good one that you can obtain the vehicle at.
Don't Mix Up Low Prices For Quality Vehicles
It can be easy to get excited about low prices; however, keep in mind that a low prices do not always equal a bargain. Often times, vehicles are priced incredibly low because they are only good for spare parts or need extensive work done to them.
Vehicles that cost a little more often need less work. Just like with the regular car market, you often get what you pay for.
Keep Your Emotions In Check
Finally, during the auction, be sure to keep your emotions in check. It can be easy to get swept up in the energy and passion of the people around you at the auction.
Before the auction starts, go over your list one final time and make a mark next to the vehicles that you would really want to own; then, write a maximum price you would be willing to pay for each of these vehicles in the condition they are right now. During the auction, stick to your list and your limits; this is a great way to make sure you don't get overcome by emotions but make sound purchasing decisions.
These auctions are typically a buy here pay here operation.Share