Monday, December 24, 2007

Buying a Car at Auctions


Recently one of my friends bought a car in an auction. What is the thing to consider is the price he paid for it. Unbelievably he got the car at nearly 45 per cent discount price which is a really dead cheap for what he got. But when he made a check on the car with a mechanic, he found some considerable repairs to be made for a smooth ride.

Though that didn’t cost much for his pocket, there is nothing like saving when he calculated the price of the car and the repairs done to it. But at the end my friend left with a good experience in buying a used car that too at the public auctions. Here are the two important benefits of buying a car at the auctions according to him.

At auctions the bid starts at a dead cheap price, some times at 70 to 90 per cent discount. You will be lucky if you got the deal at that price. The closure of the bid may end at a higher note depending on the participants in the auction and on the car like the make, model, history and usage etc.

One more thing is you can get a rare model at the auctions and in some cases the imported ones. If you have a make and model in mind, check online auctions for that, you have a better chance to find it there.



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