Mika Asked:

i have around 500 pounds spend on a reasonable car at a british car auction? what i would to know is which one should i go to get the best deal? i have already been to the peterborough one, but it is very expensive....
i would like to buy a car from 1998 onwards...

thanks

Reply:

A good chunk of your £500 budget will be eaten up by the BCA's excessive buyer's indemnity charges.

This means that realistically you're looking at bidding more like £350-£400 for something.

For that sort of money you're not going to be snatching any bargains as people with a better knowledge of that end of the market will be looking to make profit (and the traders pay smaller indemnity).

It seems that you don't have a lot of auction experience so
I think you'd be far better of buying from a private seller out of the Auto Trader or eBay.

You'll also get more time to inspect and consider your purchase, thus making you less likely to make a mistake.


 

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