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Tips For Buying A Used Car At A Public Auction

<p style&equals;"text-align&colon; justify">If you are looking for a way to get a great deal on a used car&comma; a public auto auction may be the ticket&semi; it is also a very efficient way to shop given you can look at a large number of vehicles all in one go&period;But&comma; just showing up and throwing around some bids won’t cut it&period; Like any other scenario that finds you considering a previously owned vehicle&comma; you have to do some background work to minimize the risk of driving off with a &OpenCurlyQuote;lemon&period;’  Here are just a few helpful tips for navigating this scenario&period;<&sol;p>&NewLine;<h4 style&equals;"text-align&colon; justify"><strong>Do Your Research on Vehicles<&sol;strong><&sol;h4>&NewLine;<p style&equals;"text-align&colon; justify">One of the reasons many people pay more for cars than they should is simply they have no idea what the cars are worth&period; This is an important step that is often overlooked&comma; but shouldn’t be&comma; regardless of the method you plan on using to secure a used car&period; The auction will typically provide an inventory of the vehicles that will be available-check it out and start researching any promising candidates&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Once you get an idea of the higher and lower end of the price scale for the types of cars you are thinking about buying&comma; you can use these numbers to formulate a budget&comma; a budget you should not exceed&period;<&sol;p>&NewLine;<h4 style&equals;"text-align&colon; justify"><strong>Make Sure You Thoroughly Read through the Auction’s Terms and Conditions<&sol;strong><&sol;h4>&NewLine;<p style&equals;"text-align&colon; justify">Ah&comma; the terms and conditions—the very important stipulations that we often fail to read&period; How many times have you just clicked &OpenCurlyQuote;I agree’ online without even glancing&comma; or just flipping right to the signature page on a written document&quest; Most times&comma; this will not come back to bite us&period; But&comma; if we do have a problem&comma; we run the risk of not having any recourse because we were informed ahead of time&period;  Buying a car at a public auction is one of those times when you really want to read through the terms and conditions—you don’t want to go into this blindly&period; It is important you know exactly what fees are involved in the purchase&comma; and the procedure for completing the purchase should you buy a car—this can vary between auction houses&period; For example&comma; some will require a deposit&comma; and expect payment in full within 48 hours&comma; if you are not paying in full the day of purchase&period; If there is anything unclear in what you read&comma; make sure you ask questions and get clarification&period;<&sol;p>&NewLine;<h4 style&equals;"text-align&colon; justify"><strong>Inquire about Inspections<&sol;strong><&sol;h4>&NewLine;<p style&equals;"text-align&colon; justify">Some auction houses allow the public to get out on the floor and inspect the vehicles a couple of hours prior to the bidding&period; If you don’t know a lot about cars&comma; it is imperative you bring someone with you who does&period; If you decide to buy a car see if an inspection is available at the auction house&period; If anything questionable is found&comma; you can  work with the seller to lower the purchase price&comma; or decide not to take it&period;<&sol;p>&NewLine;<h4 style&equals;"text-align&colon; justify"><strong>Attend a Few Auctions to Get an Idea of How Things Work<&sol;strong><&sol;h4>&NewLine;<p style&equals;"text-align&colon; justify">Before you go to an auction with the intention of leaving with a car&comma; it is a good idea to go to a couple first to get an idea of what goes on there&semi; this will give you more confidence on the day you want to actually make a purchase&period; Also&comma; it will give you a good idea of what prices the types of cars in which you are interested are being sold&period; The auctioneers move through the cars very quickly&comma; and if no one is biting on an opening bid&comma; he may ask the crowd to get the ball rolling with a starting figure&period; If no one else is saying anything&comma; and you really want the car&comma; you might want to be the one to speak first because if no one is making a move&comma; it is on to the next car&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Kelli Cooper has blogged about a variety of auto topics<&sol;p>&NewLine;

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