You have decided to buy a car and seriously thinking of buying a car from a car auction. You may (or may not) get an excellent bargain from a car auction. Gone are the days when only car dealers would be allowed to take part in auto auctions. They would buy the cars from such auctions, recondition the cars and sell it to you after a fatter profit margin. You can easily take part in a public car auction, and enjoy it too.
Experienced people and professionals in the industry expect the buyers to be careful while buying a car from an auction. Here is a run through the process and the issues to be kept in mind while taking part in a car auction.
Once you arrive at the auction place, you may be needed to register yourself first. This includes details like name, address, etc. Some car auction places may need some amount to be deposited with them. Some car auction may need cash while some may need bank draft. You should inquire about these procedures in advance.
Once the registration process is done with, you can inspect the cars on auction. Some car auction markets may not allow you to do so immediately before the auction. Such car auction places have fixed days...