How do Public Auto Auctions work?
Question by Noles4life: How do Public Auto Auctions work?
I'm looking to buy a car, and I'm wondering how these auctions work. Do you bid against other people trying to get the car as well?
Best answer:
Answer by Adam M
There is a big warehouse full of cars, you have these listed with basic details on a sheet of paper.
you take your time to look round before the auction starts.
you then take your seat in the viewing/bidding area and 1 by 1 the cars will be driven in.
you then bid by raising your card with your auction number on it.
just like a normal auction.
This one of the best ways to get a very cheap car, however there are a lot of bad experiences from auctions as the cars are sold as seen, so you have no comeback if it dies a couple of days later.
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