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Going Once, Going Twice: A Look Inside The Competitive World Of Car Auctions

When it comes to buying cars, most people think of dealerships or independent sales, but buying vehicles at car auctions is growing in popularity.  Government and public auctions are open to the public, but dealership auctions require a dealership license to participate.  If you plan to buy a vehicle at an auction, you should research beforehand so you know what to expect.  While at the auction, search the vehicle’s VIN number to see the vehicle’s history and compare prices to make sure you are not overpaying.  Be on the lookout for signs that the vehicle might need costly repairs and be prepared to walk away.  The next time you need a vehicle, consider attending an auction.

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