After you have read the windscreen ticket, and if you are still interested in the car, examine the car a little more closely this time particularly looking at things that might need replacing and add cost to your purchase price after you have bought the car.

Bear in mind that mechanical repairs can in some cases be carried out fairly cheaply these days, but bodywork repairs can be very expensive and this should be reflected in the price of the car.

Visual Checks

Things like tyres. Tyres can be very costly these days to replace, especially low-profile or sports tyres. If the tyres look like they are going to need changing in the near future adjust your bid accordingly with this in mind.

Does the overall condition of the car match up with the mileage? Not just outside but also inside as well. If the windscreen ticket says that the car has covered low or average mileage for the year, have a good look at the condition of the seats especially the drivers seat, is it worn or does it match up with the mileage and condition of the car.

All these things are a visual check that you can carry out on the car and give you a better chance of buying a good car and eliminate some of the risks that are there and swing things in your favour.

Bidding For Your Car

When the time arrives for the car you are interested in to go into the auction, stand in a place where the auctioneer can see you clearly but not in a place where you can be seen by everybody else, i.e. right in front of the rostrum.

All the inspection, the visual and mechanical checks on the car should have been done by now, so you know exactly how much you're maximum bid is going to be.

Make sure you know how much buyers premium will be added to the purchase price, also if the car needs anything replaced and keep a note of this in front of you when bidding.

Believe me (i'm a car dealer), you need to have all the finances work out before you put in your first bid. If you don't you could end up paying too much for the car.

DO NOT under any circumstances pay more than the figure you have in mind. If you end up not buying the car, another one will always be available. Even if you don't buy a car at the same auction, wait until the car you want turns up, and it will!

Paying For Your Car

If you are the highest bidder you will have to pay a deposit immediately after the bidding stops.

If you after bidding end up having the highest bid on the car, you will either end up reaching the reserve price that the seller wants and the auctioneer will normally bring the hammer down to indicate that you are the successful buyer.

If the reserve price is not reached, then you will still be required to give your details and a deposit to the auction staff. This will be called a 'provisional' bid.

What will then happen is the auction will contact the owner of the car and will try to negotiate a price on the car. If the seller will not lower their reserve price and an agreement cannot be reached, then your deposit will be returned to you.

In Conclusion

I am sure that you will find the car auctions that you visit a totally new experience of buying a car, and one that you will enjoy.

May I wish you all the best in your endeavours.

Regards,

Paul Fryatt.

 If you would like more information about car auctions you can sign up at my website for my weekly newsletter where you'll have FREE audio and video lessons revealing all aspects of car auctions from a dealers viewpoint and a FREE complimentary copy of my ebook, 'Cheap Car Prices'.

http://www.insidecarauctions.co.uk

About the author:
Paul Fryatt is a car dealer with an extensive knowledge of car auctions. You can find FREE audio and video lessons at his website covering aspects of car auctions and how you can use them to save money on the next car you buy.

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