Are you in the market for a new car but don’t want to break the bank? Buying a car at auction is a great way to save money on your next vehicle purchase. Auction cars are typically priced much lower than their retail value and with a bit of research and patience or by using a professional car buying service, you can find the perfect car without emptying your wallet. In this article, we will discuss tips on how to save money when buying a car at auction.
Do your research
If you are looking to buy a car from auction, then it pays to do your homework. It is important to research the type of vehicle you wish to purchase and compare the prices. You can look at current retail prices on sites such as Autotrader. A car broker or car auction buying service may be able to provide advice and assistance in finding the perfect car for you. Additionally, you can use online resources such as car valuation websites to help you make an informed decision. By doing your research, you can make sure that you get the best value when buying a car from auction.
Know what you want
It’s essential to have an idea of the kind of car you want before attending an auction or asking someone to bid on your behalf. You should do your research ahead of time to identify the model, age, and condition of the car you’re interested in buying. If you don’t have the experience or knowledge to do this, you could consider engaging the services of a car auction buying service or car broker who can help you find the right car for you. Alternatively, if you’re comfortable with buying a car online, there are many reputable sites where you can purchase a vehicle without having to attend an auction however most are restricted to trade buyers so using a car auction buying service would prove useful as they can cover and bid at multiply auctions all at once.
Set a budget
Setting a budget is one of the most important steps when buying a car from an auction. It’s important to determine how much you are willing to spend before you start bidding, so that you don’t get carried away and overspend. A good budget should consider the cost of the car itself, as well as any additional fees such as auction house buyers fees, delivery costs etc.. You should also take into account any services you may need, such as a car auction buying service or a car broker who will charge a fee for their services.
When it comes to setting a budget for your car auction purchase, it’s also important to do some research. Check out websites like British Car Auctions for information about current market values and trends so you can determine what a reasonable price is for the car you’re looking for. You should also be aware of potential hidden costs. When buying a car online, there may be additional fees involved in transporting the vehicle to its final destination. Be sure to take these into account when calculating your budget.
Engage a professional buyer
If you are considering buying a car from an auction, it is often beneficial to engage a professional car buying service or car broker. A professional car auction buying service will have the knowledge and expertise to help you get the best deal possible. They will also have the contacts and connections to ensure that your car is delivered safely and securely.
Car brokers can provide a range of services depending on what you require, such as inspecting the car before you buy it, arranging finance, and helping with paperwork. Some companies may even be able to arrange for delivery of your car from an auction house, such as British Car Auctions.
Engaging a professional car buying service is one of the best ways to ensure that you get the best deal when buying a car at auction. They will be able to advise you on the various aspects of buying a car at auction, as well as helping you navigate the process and ensuring that everything runs smoothly. You can even buy a car online through these services in some cases. In conclusion, engaging a professional car buying service or car broker when purchasing a car from an auction is always a good idea. It is an investment that can save you time and money in the long run, and can help to make sure that you are getting the best deal possible.
Help to buy right!
Here at Car Auction Buying Service, we’re dedicated to finding the very best deal at auction for you, attending events arranged by British Car Auctions, Manheim and Aston Barclay, plus many more. We assist in bidding and provide the support you need to buy successfully from the auction; without the need for you to travel across the country.
Thanks to our multiple trade accounts we pay much lower buyers premiums compared to private buyers. We then pass that saving on to you! We scrutinise the cosmetic reports and mechanical reports that accompany each vehicle. Our team can also provide trade price warranties and deliver your car to any location in the UK. To find out more, or to inquire about buying your next vehicle from a nationwide or local car auctions, please give us a call on 0121 769 1729. Alternatively, you can fill out our online form.
