Car Auction Buying Secrets Revealed By Rob Emdon

Get to the auction early! I know that sounds really simple – but then buying a used car at a used car auction is not rocket science. You just have to bear in mind some simple and basic rules of thumb and you should be fine. So, get there early and have a good look around. Take your time finding the car you want and make sure you have your Kelley Blue Book, NADA guide, or Edmunds book if you're going to a used car auction to get an idea of the car’s value.

When you find a car you like, open all the doors, trunk and hood and find the VIN stickers and make sure they match. If they don’t the car is either stolen, was a wreck or has been rebuilt from different cars. In any event, check out the VIN number. Call a friend on your cell phone (or use your pocket PC) and get them to check it out online. There are several services that will give you a report online instantly. Remember the auctioneers have a vested interest in any information you get from them – so be prepared to verify your facts independently.

Of course, there are several types of ‘auction’ available to you. These include online auctions like eBay and yahoo, police and government car auctions, public auctions, insurance salvage auctions and wholesale auctions. Though the last two are normally only open to dealers.

Keep in mind that online car auctions are not so different to public car auctions. Once you have won your bid you are committed to buy. So it pays to run the same VIN checks and it may well be worth setting up an inspection period with the seller. So that you can have a certified mechanic inspect the car and determine if there is anything unsatisfactory about the car that was not disclosed at the auction.

Police and government car auctions are not really much different to public car auctions. In other words, you are not likely to get your car ‘dirt cheap’. You won’t be the only one there bidding for a ‘dirt cheap’ and before you know it you can easily end up paying way over the published price. For my money, bearing in mind that these cars may not have been maintained or driven for months, I’d rather not pay more than trade price for a car at one of these auctions. Otherwise, what’s the point of being there?

Finally, once you have purchased your car, and despite the pitfalls, there are genuinely thousands and thousands of happy customers out there – give serious consideration to taking out an extended car warranty.

Rob owns blogs on used Car Auctions

http://usedcarauction1.blogspot.com

Car Auction Buying Secrets Revealed By Rob Emdon

Get to the auction early! I know that sounds really simple – but then buying a used car at a used car auction is not rocket science. You just have to bear in mind some simple and basic rules of thumb and you should be fine. So, get there early and have a good look around. Take your time finding the car you want and make sure you have your Kelley Blue Book, NADA guide, or Edmunds book if you're going to a used car auction to get an idea of the car’s value.

When you find a car you like, open all the doors, trunk and hood and find the VIN stickers and make sure they match. If they don’t the car is either stolen, was a wreck or has been rebuilt from different cars. In any event, check out the VIN number. Call a friend on your cell phone (or use your pocket PC) and get them to check it out online. There are several services that will give you a report online instantly. Remember the auctioneers have a vested interest in any information you get from them – so be prepared to verify your facts independently.

Of course, there are several types of ‘auction’ available to you. These include online auctions like eBay and yahoo, police and government car auctions, public auctions, insurance salvage auctions and wholesale auctions. Though the last two are normally only open to dealers.

Keep in mind that online car auctions are not so different to public car auctions. Once you have won your bid you are committed to buy. So it pays to run the same VIN checks and it may well be worth setting up an inspection period with the seller. So that you can have a certified mechanic inspect the car and determine if there is anything unsatisfactory about the car that was not disclosed at the auction.

Police and government car auctions are not really much different to public car auctions. In other words, you are not likely to get your car ‘dirt cheap’. You won’t be the only one there bidding for a ‘dirt cheap’ and before you know it you can easily end up paying way over the published price. For my money, bearing in mind that these cars may not have been maintained or driven for months, I’d rather not pay more than trade price for a car at one of these auctions. Otherwise, what’s the point of being there?

Finally, once you have purchased your car, and despite the pitfalls, there are genuinely thousands and thousands of happy customers out there – give serious consideration to taking out an extended car warranty.

Rob owns blogs on used Car Auctions

http://usedcarauction1.blogspot.com

Car Buying Time - How to Take Advantage of Used Car Auction By Gerry Restrivera

Auctions for used cars can provide you with mounds of opportunities to buy a good car without spending too much money. It is very important, however, to prepare yourself before getting into an auction so that you would be able to really get a good deal and not end up wasting your money on a badly conditioned car. It is important for you to know how to take advantage of used car auction to make the most out of your car buying. Here are some important tips for wiser spending on used car auction.

Before going to a used car auction, you have to be sure about the type of auction you are going into. Usually, car auctions are organized by the police, the government or auction lots. The cars sold here may come from the surplus of government vehicles, repossession, or impounding. You have to understand that you are buying cars as is, and there are no warranties. Returning the car after buying it would be very difficult and thus when you buy one, you really have to sure of its quality.

Check out the schedule of the used car auction. A good auction should have a period for preliminary inspection and you should definitely go there to be sure that the auction is worth going to. While you may not be able to test drive cars during the inspection you can definitely take a look at every nook and cranny of the cars and it is best to take advantage of this opportunity. Mark on your mind 3 or so cars that you would consider so you would have just the right number of options for bidding during the actual used car auction.

List down the Vehicle ID numbers of the cars that you seem to be interested in. Once you get home, you can search for the Vehicle ID on Carfax to check out its history report. A minimal fee would be charged, but this is definitely worth the search because it will let you see how much the car has been use, if it has a clean record, or if it has been taken cared of by its past owners.

When you go to a used car auction, bring a long an auto guide such as the Kelley Blue Book so that you can go about searching for cars with a guide at hand. Such publications are useful in giving you the values of many car models during trade-in, which could help you in finding out whether you are giving a good bid or not. Have in mind all the costs of bidding – you have to pay buyer’s premium (from 5 to 10 percent of the bid), or a registration fee for the auction.

Have a working budget when buying a car at used car auction. By setting a ceiling for your budget, you will prevent yourself from bidding more than you can afford. Some people tend to overbid out of their pride to win a bid even if the car does not really cost as much.

Car auctions are great venues to find cars if you are on a budget. But before getting into one, it is important to know how to take advantage of used car auction to be sure that you would not end up losing both your money and the opportunity to drive a decent vehicle.

Every month thousands of cars become government & bank property through various seizure/surplus laws. Because of the constant influx of vehicles and the enormous expense to store them, the cars must be sold fast and cheap! Buy direct from the sources and save considerably! Bids on new and used repossessed and fleet vehicles start as low as 90% off book value visit StateAuctions.org Cars and Homes at All About Home and Family

Gerry Restrivera writes informative articles on various subjects including Car Buying Time! - How to Take Advantage of Used Car Auction. You are allowed to publish this article in its entirety provided that author’s name, bio and website links must remain intact and included with every reproduction.

Car Auction Web Sites - Bargains or Bogus By Dave Mallegg

Can anyone really obtain a decent car for $200, real bargains from government seized cars and other government seized merchandise?

Who can actually buy anything at genuine below-market prices? Better yet, who would actually sell anything knowingly at a real bargain if they could easily get more?

Honestly, I always assumed "government seized" was just a lot of "hype" and that at the end it would all just be an illusion. I thought the government was too bureaucratic and inefficient to organize any useful "auctions" that would actually allow us "ordinary citizens" to obtain a genuine "bargain", a super value low price high value car or other seized merchandise.

Well, it turns out it is the very "government bureaucratic inefficiency" that causes, or allows "us" to actually pay a low price for valuable cars and other merchandise. Not surprisingly, the government does not advertise or promote these auctions as extensively as they could. This is the key to the bargains. We all hear that prices are determined by supply and demand (unless there is a monopoly in place).

The government seizes so many cars and other merchandise that it can not dispose of it fast enough, and storage costs a lot of extra money. These auctions often have an inadequate supply of buyers for the amount of merchandise available, which keeps the prices low. Car dealers love to buy at these seized car and surplus auctions because almost no one knows about them. The dealers do not want competition so they keep quiet.

Besides offering cars and trucks, you can obtain residential and commercial real estate, business establishments, motor vehicles, boats, aircraft, jewelry, art, furniture, office equipment, computers, antiques and collectibles, along with other personal property forfeited under laws enforced by the US Department of Justice. The U.S. Marshals Service (USMS) alone sells about 20,000 items a year.

Some other sources of surplus bargains for cars, trucks, boats, aircraft and other vehicles, houses and real estate along with office equipment and military surplus are the Federal Supply Service, U. S. Department of the Treasury, U.S. Postal Service, Department of Defense Reutilization and Marketing Services, Internal Revenue Service, Department of Agriculture, Department of Energy, Tennessee Valley Authority, Department of Defense, HUD, Fannie Mae, Freddie Mac, Office of Property Disposal, SBA, FDIC, Bureau of Land Management, and USACE-HAP.

Autos from the fleet of leased vehicles by the government agency, General Services Administration (GSA) are also sold at auctions after their 3-5 years leases expire. These vehicles are typically well maintained by government employees using them as their own work vehicles.

It is easy to see why it is so difficult to locate the date, time and place and what is being auctioned, particularly because they are randomly established from time to time at different locations only as different property becomes available. The auction can take place before very many people become aware of it. The next one is not held on a regularly scheduled basis. This can work to an astute buyer's advantage.

The best way to efficiently locate all the separate contacts for all these agencies enabling a buyer to track the various auctions is through a web site offering a comprehensive list of appropriate contacts.

Want to find out the best web site for obtaining all the contact information? Read the special report by author Dave Mallegg, the 50 year shopper for the all time best bargains. See for yourself at: http://www.theattractionfactor.com. It’s time to find the "real" below market sales of the century.

Copyright (c) 2007 Dave Mallegg