Can someone give me insight on how to buy a car at an auction. How do you know if the car is any good?
I’m going to a car auction tomorrow morning and have no idea what to expect. My nanny needs a car and has about $2000 in cash to spend.
Depending on the auction, you may or may not have a chance to hear the car run. ou want to get there early, and be sure that you understand all the terms and conditions of the sale. There may be a buyers fee (a percentage of the selling price that is added to the final bid price) so be sure you allow for that. Most auction sales are final, there is no changing your mind for whatever reason, and the cars are sold "as is" "where is" "how is" and any other "is" you can think of.
Understand that most vehicles being sold at auction are there for a reason. They may be cars that were donated to charity, or they may be cars that dealers do not want to sell on their retail lots.
Bring someone knowledgeable about cars, to look for signs of major problems, but figure that you will need to spend some money for repairs to make the vehicle road worthy.
no idea.sorry I cant help.
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Best to take a mechanic with you.
Also, don’t you a 48 hour grace period to return it?
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Depending on the auction, you may or may not have a chance to hear the car run. ou want to get there early, and be sure that you understand all the terms and conditions of the sale. There may be a buyers fee (a percentage of the selling price that is added to the final bid price) so be sure you allow for that. Most auction sales are final, there is no changing your mind for whatever reason, and the cars are sold "as is" "where is" "how is" and any other "is" you can think of.
Understand that most vehicles being sold at auction are there for a reason. They may be cars that were donated to charity, or they may be cars that dealers do not want to sell on their retail lots.
Bring someone knowledgeable about cars, to look for signs of major problems, but figure that you will need to spend some money for repairs to make the vehicle road worthy.
References :
26 years in the auto business
there is a way, I think you can go to carfax.com ,just get the vin number off the car even if the car came from a previous owner,if the car was in an accident it would go through the insurance and the carfax would have a record of it
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