Tip #1 - Go to the Pre-Sale Inspection - Many used car auctions will hold pre-sale inspections, so you'll want to make sure that you find out when it is and then go to it. Taking advantage of this is a great idea, since you'll have the most time to really look over any cars that you are thinking about purchasing.
Tip #2 - Find Out Sale Terms - It's also important that you find out about the sale terms as well before you actually arrive at the action. Some places will require that you put down a deposit before you are able to bid. Also, find out what type of payment they will accept, such as cash, credit cards, or cashier checks.
Tip #3 - Find Out About Possible Problems - On the day of the auction or even a few days before, if you are looking at a particular type of car, you may want to find out about possible problems it could have. Some cars are more susceptible to certain problems than others. Find out what they are so you can check for them.
Tip #4 - Check the Kelly Blue Book - You will want to know how much the cars you are bidding on are really worth. One of the best places to find this out is in the Kelly Blue Book. You'll find the value of the car, which can help you know how to bid.
Tip #5 - Run a Car Report - You never know what has happen in a cars’ past, so running a car report on a vehicle before you purchase it at used car auctions is a great idea. This way you'll know what has really happened to the car and if anything has occurred that may make you want to consider another option.
Tip #6 - Have a Bid Amount in Mind - Having a bid amount in mind before you even go to the auction is imperative too. You want to know what you are willing to bid and how much you can bid before you go to the auction, so have an idea about this before hand and stick to it.
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