Be sure to examine the cars of interest to you before the used car auction starts.
Never start the bidding at a used car auction, hang back and wait till bidding slows.
Look around for the car dealers holding their used car trade books. Follow their lead.
If they show interest in a used car then it is likely to be worth bidding on.
At used car auctions, don’t bid much higher than car dealers when they stop.
At used car auctions, never bid on a vehicle that nobody else is bidding on or if bidding is slow and
unusually low. There’s always a good reason. It could be that the car has been at different used car auctions and failed to sell. This could be
because the reserve price is higher than the car is worth. Alternatively,
traders might be aware of costly faults on the vehicle.
Oftentimes there will be several of the same make and model that you wish to
buy on offer. It is a good idea to wait and see what the first one goes for.
This will give you a benchmark for establishing a reasonable price for the ones
that follow.
Stick to your budget and don't forget to allow for the used car auction house charges.
If you don't find exactly the car you want at your first visit to a used car auction,
then keep going back. The more experience you have around car auctions the
better.
