So, you’ve decided to attend a car auction with intentions of driving off in a car that costs you hundreds and even thousands less than it’s retail value. By now you’ve probably heard about the different types of auto auctions you can attend, such as government, police, public and dealer auto auction.  But did you know that out of these the best deals are to be found at a car dealers auction?

The biggest myth most people are lead to believe is that you have to be a dealer to attend. The truth is that although these auctions are only open to car dealers, you can often accompany one by going as one of the representatives.

You will then be able to view all of the vehicles as you would at a regular car auction. The only catch is that the dealer is the only one that can bid on the car and has to pay for it in his/her name. So, the pink slip will be in their name until they transfer the title.

The good thing about attending these auctions is that the prices are significantly below what you would pay at a regular one. But be careful because they also have more salvage title cars floating around. But most dealers that attend these auctions have a special device that gives an indication of the vehicle being in an accident. It is placed on a major part of the car such as the hood or door to measure the thickness of paint in that area. Anything over a certain amount is an indication of previous body work. Thus indicating an accident, which you don’t want to bid on.

So, become friendly with you neighborhood dealer auto auction, see if they use this special device when attending auctions and ask if you can go to the next one with them. Then you’ll be well on your way towards getting a great car at an excellent price.

Did you know that 90% of car auction sites are scams? Save yourself from a headache and loosing your hard earned money by visiting MyCarAuctionReview.com for the best car auction sites in town.

In this article, we will discuss the car dealer auction, giving our readers an insight into what goes on at the car auctions for dealers.

The car dealer auction is available all over the world to hundreds of people. However, we have come to learn that they are most popular in the United Kingdom and the United States of America.

The procedures at the car dealer auction

There are normally set procedures what happen at the car auction, we will go through each stage so that people can get an understanding of what it is like at the car auction. To be honest, anyone can go to a car auction, there is no set format saying a car auction is for dealers only. However, in our experience, dealers of cars at the car dealer auction are the main people you will find at the auctions.

This is good news however for those wishing to get started as they can offer some insight from other dealers at the car dealer auction. If you are not a dealer and are just wishing to buy a bargain car, by all means, go and grab yourself a bargain. You may even find that you gain some interest in car auctions and may want to go again to pick up another good deal on a car to sell on for profits. This is how many dealers get started.

Test drive the cars on show

If you are bidding on cars, this will be your chance to test drive the cars on show. Generally, this part is only for dealers or those wanting to bid on one of the cars being put on auctioneer. It is up to you if you want to test drive one the cars available, however, if you are buying a car, we recommend that you test drive the cars you are interested in.

Bidding

This is where you will bid on the cars and try to outbid others at the car dealer auction. At this part of the auction, you will likely get a very good deal on a car, that’s assuming the auctioneer doesn’t put the prices at silly prices and there is no one there who is just going to blow spare cash.

Winning the car

When you win the car, you will be offered a method of payment and cut off dates as to when to pay, you will also be offered the keys to the car upon cleared payment.

Powered by Yahoo! Answers