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How To Find British Car Auctions & Tips On Saving Money |
There are plenty of ways to find car auctions in Britain. One way that we all know well is the search engines.
Type in british car auctions in your favorite search engine. One of the most popular websites for British car auctions is britishcarauctions.co.uk and it is a site direct to the public. With the workings of eBay you can sell your own car online and get top bids for it.
However buying a car on an online auction can be misleading because you never know whos trying to out bid you. On eBay a popular technique used by some sellers is to out bid you. So youre consistently raising your bids. Its an unethical strategy however its done more frequently over online auctions.
This is why youll need to find public car auctions that are not online. If youre not sure how to find these car auctions you should try your local yellow pages or white pages and then the internet. A popular British car auction is the Birmingham Car Auctions Ltd.
Buy Your Next Car And Save A Pretty Penny
Before you buy your next car at an auction heres a few things you might want to think about before heading down there.
1. Get a list of cars at the auction. You should always find out whats available before you go to an auction because there might be nothing youre interested in. Most car auctions will have a list of the type of cars.
2. Select a list of cars that you want to buy or are interested in. Its best to get more than 3 cars on your list just in case you lose out on a bid youll have another few cars that you can still buy
3. Research the market value of each car that youre interested in. Now with your list of cars run a check on online car auction sites or car sales sites. Find out the average cost for a new car of that model youre interested in and find out the average cost for a private sale. Now if the car auction youre attending has the mileage of each car than you can compare mileage and costs to find the average cost for the car youre trying to bid for.
4. Write down the maximum price youre willing to pay for each car you want to bid on at the auction. Once youve got the average cost for each car you should take off maybe 20% from the cost to buy it from a private seller and put that cost toward your bid at the auction.
Realistically if youre paying the same price to buy it now from a private seller you should just buy it from a private seller. However you have to factor in the traveling costs too.
If you find a car for sale by a private seller half way around England than you should fact the cost to travel there and back including the time involvement. This will help you figure out how much the car is really worth to you especially if the car auction is near where you live.
These are just some guidelines to buying and saving money at British car auctions however if youre new to this you might just want to head to an auction and see how everything works before you make your first purchase from one.
Article written by Marc Lindsay (British Car Auctions)
This entry was posted on Tuesday, May 1st, 2007 and is filed under Car Auctions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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