How To Find British Car Auctions & Tips On Saving Money
Marc Lindsay asked:
There are plenty of ways to find car auctions in Britain. One way that we all know well is the search engines.
Type in british car auctions in your favorite search engine. One of the most popular websites for British car auctions is britishcarauctions.co.uk and it is a site direct to the public. With the workings of eBay you can sell your own car online and get top bids for it.
However buying a car on an online auction can be misleading because you never know whos trying to out bid you. On eBay a popular technique used by some sellers is to out bid you. So youre consistently raising your bids. Its an unethical strategy however its done more frequently over online auctions.
This is why youll need to find public car auctions that are not online. If youre not sure how to find these car auctions you should try your local yellow pages or white pages and then the internet. A popular British car auction is the Birmingham Car Auctions Ltd.
Buy Your Next Car And Save A Pretty Penny
Before you buy your next car at an auction heres a few things you might want to think about before heading down there.
1.Get a list of cars at the auction. You should always find out whats available before you go to an auction because there might be nothing youre interested in. Most car auctions will have a list of the type of cars.
2.Select a list of cars that you want to buy or are interested in. Its best to get more than 3 cars on your list just in case you lose out on a bid youll have another few cars that you can still buy
3.Research the market value of each car that youre interested in. Now with your list of cars run a check on online car auction sites or car sales sites. Find out the average cost for a new car of that model youre interested in and find out the average cost for a private sale. Now if the car auction youre attending has the mileage of each car than you can compare mileage and costs to find the average cost for the car youre trying to bid for.
4.Write down the maximum price youre willing to pay for each car you want to bid on at the auction. Once youve got the average cost for each car you should take off maybe 20% from the cost to buy it from a private seller and put that cost toward your bid at the auction.
Realistically if youre paying the same price to buy it now from a private seller you should just buy it from a private seller. However you have to factor in the traveling costs too.
If you find a car for sale by a private seller half way around England than you should fact the cost to travel there and back including the time involvement. This will help you figure out how much the car is really worth to you especially if the car auction is near where you live.
These are just some guidelines to buying and saving money at British car auctions however if youre new to this you might just want to head to an auction and see how everything works before you make your first purchase from one.
There are plenty of ways to find car auctions in Britain. One way that we all know well is the search engines.
Type in british car auctions in your favorite search engine. One of the most popular websites for British car auctions is britishcarauctions.co.uk and it is a site direct to the public. With the workings of eBay you can sell your own car online and get top bids for it.
However buying a car on an online auction can be misleading because you never know whos trying to out bid you. On eBay a popular technique used by some sellers is to out bid you. So youre consistently raising your bids. Its an unethical strategy however its done more frequently over online auctions.
This is why youll need to find public car auctions that are not online. If youre not sure how to find these car auctions you should try your local yellow pages or white pages and then the internet. A popular British car auction is the Birmingham Car Auctions Ltd.
Buy Your Next Car And Save A Pretty Penny
Before you buy your next car at an auction heres a few things you might want to think about before heading down there.
1.Get a list of cars at the auction. You should always find out whats available before you go to an auction because there might be nothing youre interested in. Most car auctions will have a list of the type of cars.
2.Select a list of cars that you want to buy or are interested in. Its best to get more than 3 cars on your list just in case you lose out on a bid youll have another few cars that you can still buy
3.Research the market value of each car that youre interested in. Now with your list of cars run a check on online car auction sites or car sales sites. Find out the average cost for a new car of that model youre interested in and find out the average cost for a private sale. Now if the car auction youre attending has the mileage of each car than you can compare mileage and costs to find the average cost for the car youre trying to bid for.
4.Write down the maximum price youre willing to pay for each car you want to bid on at the auction. Once youve got the average cost for each car you should take off maybe 20% from the cost to buy it from a private seller and put that cost toward your bid at the auction.
Realistically if youre paying the same price to buy it now from a private seller you should just buy it from a private seller. However you have to factor in the traveling costs too.
If you find a car for sale by a private seller half way around England than you should fact the cost to travel there and back including the time involvement. This will help you figure out how much the car is really worth to you especially if the car auction is near where you live.
These are just some guidelines to buying and saving money at British car auctions however if youre new to this you might just want to head to an auction and see how everything works before you make your first purchase from one.
The Advantages and Disadvantages of Seized Car Auctions
Davion W asked:
Nowadays, if somebody drives a posh car, it doesn’t necessarily mean that the person is rich – the luxury vehicle might have been bought at one of the numerous seized car auctions held regularly.
As the name suggests, seized car auctions offer vehicles that were seized by the government or the police due to some illegal activity. Apart from criminals, automobiles at repossessed auto auctions come from people failed to pay the mortgage, defaulted on tax payments, etc. The goal of the government is not to cash on these vehicles, but rather get rid of them quickly and avoid storage and maintenance expenses.
Seized car auctions as well as other types of auto auctions have their own advantages and disadvantages. Being aware of them will help you decide whether or not this is the way you want to purchase your vehicle.
Advantages of Seized Car Auctions
1. Unbelievably low starting bid. You can expect 80 and even 90% discount – a great bargain if you compare it with the retailer price.
2. Good condition. Most vehicles at seized car auctions have been in use not more than 5 years. Quite often, there are cars in a “close to new” condition.
3. History reports available. Ideally, every such auto auction will provide free Car Fax VIN reports. Additionally, you can use an Auto Check Vehicle History to make sure that the car was not damaged in an accident.
4. Possibility to find a rare model. If you are on a lookout for a particular model, especially rare or imported one, chances are you will find it at a seized auto auction. Check online seized car auctions as well – they have an impressive number of listings, so it is really not so hard to find what you want.
Disadvantages of Seized Car Auctions
1. Sold “as is”. After acquiring a car, it is impossible to exchange or return it for a refund. Therefore, take time to assess the car’s condition and check its history.
2. Hard for beginners. If you are a first-timer, a repossessed auto auction may seem to be a tough place to you. Needless to say, it is difficult to keep up with experienced car dealers. A friend who is not new to seized car auctions would be of great help. Or, turn to online auto auctions – they are easier to control the bidding process.
3. Time consuming. Searching for the seized car auctions in your area, registration, preliminary checking, attending the auction (especially if it is quite far from your place), and getting all the necessary paperwork done later may take up to a few weeks. Again, participation is an online auction is easier, though involves more risks and concerns.
With these knowledge in hand, you are in a better position to buy a car that is auctioned. For more details on where and how to pick up your dream car from seized car auctions, read up my blog.
Nowadays, if somebody drives a posh car, it doesn’t necessarily mean that the person is rich – the luxury vehicle might have been bought at one of the numerous seized car auctions held regularly.
As the name suggests, seized car auctions offer vehicles that were seized by the government or the police due to some illegal activity. Apart from criminals, automobiles at repossessed auto auctions come from people failed to pay the mortgage, defaulted on tax payments, etc. The goal of the government is not to cash on these vehicles, but rather get rid of them quickly and avoid storage and maintenance expenses.
Seized car auctions as well as other types of auto auctions have their own advantages and disadvantages. Being aware of them will help you decide whether or not this is the way you want to purchase your vehicle.
Advantages of Seized Car Auctions
1. Unbelievably low starting bid. You can expect 80 and even 90% discount – a great bargain if you compare it with the retailer price.
2. Good condition. Most vehicles at seized car auctions have been in use not more than 5 years. Quite often, there are cars in a “close to new” condition.
3. History reports available. Ideally, every such auto auction will provide free Car Fax VIN reports. Additionally, you can use an Auto Check Vehicle History to make sure that the car was not damaged in an accident.
4. Possibility to find a rare model. If you are on a lookout for a particular model, especially rare or imported one, chances are you will find it at a seized auto auction. Check online seized car auctions as well – they have an impressive number of listings, so it is really not so hard to find what you want.
Disadvantages of Seized Car Auctions
1. Sold “as is”. After acquiring a car, it is impossible to exchange or return it for a refund. Therefore, take time to assess the car’s condition and check its history.
2. Hard for beginners. If you are a first-timer, a repossessed auto auction may seem to be a tough place to you. Needless to say, it is difficult to keep up with experienced car dealers. A friend who is not new to seized car auctions would be of great help. Or, turn to online auto auctions – they are easier to control the bidding process.
3. Time consuming. Searching for the seized car auctions in your area, registration, preliminary checking, attending the auction (especially if it is quite far from your place), and getting all the necessary paperwork done later may take up to a few weeks. Again, participation is an online auction is easier, though involves more risks and concerns.
With these knowledge in hand, you are in a better position to buy a car that is auctioned. For more details on where and how to pick up your dream car from seized car auctions, read up my blog.