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How Do Auto Auctions Work
LOCAL AUCTIONS: Registration To participate, you must pre-register with your local auction, which is easily done through this site because all the information will be at your fingertips. Management will explain local auction rules and procedures and will introduce you to the auction staff, and provide you with instructions to bid. Vehicle Check-In Each vehicle registered for an auction is assigned a number and a specific location in the auction yard. Honest Representation Rules and regulations demand that auctions honestly represent the condition, mileage, and title status of each vehicle. Bidding Inspect vehicles you intend to bid on before they cross the auction block. Set your payments limits before the sale. Signal your bid clearly to the auctioneer. If you are the successful bidder, settle your transaction with the block clerk quickly. Inspect Your Purchase After you've purchased a vehicle, check it out carefully. Drive it. Be certain that the vehicle conforms to the auction guarantee and representation. Paying For Your Purchase The auction staff will assist you in paying for your purchase and will guarantee good title. You can use cash, credit, and checks to pay. Financing is almost always available as well. Check-Out and Deliveries Your invoice copy will enable you to drive or ship your purchase to your location. Auction managers can help you make shipping arrangements in the most economical manner. ONLINE AUCTIONS: General Online auto auctions work the same way as traditional ones except that you cannot inspect the car before you buy it since its location could be far away from you. However, all the information about the vehicle is provided up front and detailed pictures of everything are also a must. Your purchase will be shipped to you for a minimal charge by a truck and you will have a chance to inspect it before you finalize the deal once the vehicle gets to your location. You are guaranteed to buy a vehicle for less than what the dealer or a private party would offer for it - usually for much less with government and repo auctions provided at this site. |
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