Finance and Budget Tips

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Used Car Auctions and theDisadvantage

Never trust any kind of title check at used car auctions always make sure to get your own verification. Remember that anyone selling a car at an auction is trying to make money & they are not just getting rid of the car to get rid of it. The majority of time they are just trying to make money & get rid of a piece of crap car.

When you see the words “buyer beware” this is when you really need to pay attention at auctions. Cars are usually sold as is & have no warranty & once you buy the deal is final unless you happen to get a fraudulent title. Sellers can make all kind of promises when they are not on paper. Without a written & signed paper from them it your word against theirs.

Remember that a rental is just the same as a used car. I personally think that a rental car is better taken care of than a private owned vehicle because they are cleaned & maintained after everyone uses them to keep them in good looking shape. I have never had a rental break down & the companies usually take the cars out of service after like two or three years.

There are a lot of places you can find auto auctions on-line & there are a lot of vehicles that you can get for a cheap price if you just use your head & remain calm & make sure to always keep a clear head & do not rush into things. If you rush into things this could result in you possibly getting a lemon.

Always make sure you have the money to cover a check that you might be writing at the auction. Some auctions will require a bank draft instead of a check so just make sure you are prepared for this. Make sure that your contract on the car states whether the title indication light was green red or yellow. If you have a problem later & the title turns out to be a red light & they have put green then you have got the auction company if they scam you.

There are many auctions which offer cars at whole sale prices & these are for dealers. If you are a dealer then you most likely know what kind of deals you can get from these & what kind of lemons you also have been burdened with.

Always make sure to open every door on the vehicle you want. Also look under the hood & make sure that all of the Vin stickers are on the vehicle & that they all match with one another. Usually if they do not match the car was stolen & then again it might have been in a wreck & had replacement parts on it.

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 & 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.

Want to make sure you have the whole truth at used car auctions? Worried what you may be missing when you read car auction classifieds? Don’t get taken for a ride


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