Most used car auctions really do offer you brilliant deals, but you really need to understand the advantages and disadvantages before you decide to buy a car from any auction. Below are a few advantages and disadvantages:
Advantages of Using Used Car Auctions
Cost. The first pro is very obvious —the biggest reason we all think about using auctions—is because you can purchase them at a great price. The prices you find at auctions you won’t usually find available elsewhere. No retailer can really compare with prices at auctions, at most auctions you will find very well-conditioned cars at very reasonable prices.
Volume. Another big advantage is the amount of the cars on offer. Auctions are available all over the United Kingdom every week; normally with thousands of vehicles sold. Even if you don’t find the car that you wish for, you might find one that is very similar that you like just as much. You will find lots of online auctions sites available today, but we all know the two giants right now are Autotrader.co.uk and eBayPro. Some people however do still prefer to go direct to the dealer.
Disadvantages of Going To A Used Car Auction
We All Know This – After all the bidding is over, the car then belongs to you; no messing around. One of the problems though is most Auction cars don’t come with a warranty or any sort of buy-back guarantee. It’s a big a risk not knowing that the car you really want is well-conditioned. If something happens as you pull away from purchasing your car, it then becomes your problem. A lot of people that sell on Auction sites like Autotrader or eBay aren’t real car dealers. When it comes to auctions you can’t really look back.
Legal problems. Another problem, why people put cars available on auction sites is because they can’t sell them privately. One problem with used cars is that you don’t know if the owner might have changed the car for legal purposes and the car could end up being worthless. There is also a chance that the vehicle you are buying isn’t really theirs and has been illegally brought into the country. So, selling the car in the future may be difficult. According to sites like Autotrader.co.uk and eBay these problems they have covered by safety procedures, but you still need to be careful
Finding Used Car Auctions In Your Area
Here you will find a few things to help you find a great car auctions.
Buy Your Local Newspaper
Keep looking in the classified part of your newspaper daily. Normally you will see most auctions will be found in the classified part of the paper, telling you when they will be holding their next auction. Normally you will find these ads appear at the weekend editions of the newspaper. Make sure you buy the Sunday paper and check the classifieds that tell you of upcoming auctions.
Look On the Internet
Everyone already knows to search your favourite search engine to look for auctions. Most can be found online nowadays. Sometimes, if there is an auction to be found near you, you may find an online news article regarding it. Don’t forget to check out all the online used car sites like Autotrader.co.uk, eBay and CarsDirect. However you purchase your used car make sure to look at all your options first.