10 Tips for Buying a Car at Auction, used car auctions.#Used #car #auctions


Everything You Need To Know About Buying a Car at Auction

More and more people are turning to car auctions to find reliable rides for cheap. Unfortunately, your chances of landing a lemon are greater than ever. Avoid getting duped and learn how to bid with the pros by following these 10 auto-auction tips.

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High-end classic car auctions like the Barrett-Jackson events are common on cable channels with three-digit numbers, such as Speed and HD Theater. Perfect Shelby Cobras, Ferraris with long racing pedigrees, glorious Duesenbergs, exceedingly rare muscle cars and old Mercedes roadsters so gorgeous that your eyes water cross the block and sell for insane prices.

This is not about those auctions.

This is about auctions where the cars are the most ordinary of ordinary vehicles: Ford Crown Victorias coming off six years of patrol duty with the county sheriff’s department. Toyota Tercels with so much mileage that their odometers have worn off the printed numerals. Plain sedans, base model pickups and early ’90s Pontiac Firebirds confiscated in drug stings. Cars you can get cheap maybe.

Interest in these auctions has boomed as the economy stays stagnated and credit rules have tightened. Buyers who formerly could qualify for auto loans on new or solid used cars now find they need to shop with cash. But the United States is a country built around the automobile, and it’s a lot easier to get a job if you have a car to drive to the interview, so for many people car auctions are a way to fill the need.

“There are two types of public auctions,” explains Steven Lang, who runs a used car dealership in the Atlanta area and once owned a dealer auction (not open to the public). “There are government auctions and there are public auctions.” Both are full of potential pitfalls. Here’s a quick rundown on both and 10 tips for getting the most out of either. That is, if you dare to venture into the auction pit.

(Note: Online auctions like eBay are an entirely different beast, and through the use of independent inspection services, maybe even a safer bet. But that’s a subject for another time. And for those of you bidding in a televised auction, we do have one piece of advice: Don’t get so excited that you spill your mimosa.)

Government Auctions

“At a government auction it’s, say, a county that has 30 or 40 police cruisers it needs to get rid of. And they want to sell all of it,” Lang says. “All the vehicles have known histories how they were maintained, used and fixed, and their mileage is virtually always honest. You’ll know what you’re getting.” Still, you don’t get to drive a car before you bid on it. So you’d better have a sharp eye. Make that a sharp, trained, cynical, wary, pessimistic and rabidly suspicious eye.

But the competition at county auctions is brutal and it’s only getting stronger. “Taxi companies want the old cruisers to use as cabs,” Lang says. “And often there are government employees who are going after a vehicle that they used on the job and grew fond of. A lot of the school buses and trucks get bought by brokers looking to ship them overseas to poorer countries that will use them for public transportation. These are guys who go to government auctions all the time, know what to pay and know a lemon when they see it. You won’t be the only bargain hunter out there.”

Buying a car at government auction used to guarantee a bargain, that’s not true any more. “With the competition growing so fierce, some cars now go for more than retail,” Lang says. “If you’re not careful, it’s easy to get burned.”

Public Auctions

“Public auctions used to be good places to buy cars,” Lang says. “Now they’re not even remotely good places to buy a car. The only people who should go to public auctions are those who are exceptional in their mechanical inclination and training. If you can’t fix a car, don’t go to a public auction.”

As the action at public auctions has grown hotter, the cars have grown shadier. “I’ve personally seen cars with over 300,000 miles on their clocks rolled back to 120,000 and sold as ‘Miles Exempt’ meaning no guarantee of mileage,” he says. “Most of the cars at a public auction are the worst trade-ins or very rough repos.” And as in a government auction, you can’t drive a public auction vehicle before you bid on it.

Cars at public auctions are often those that wouldn’t sell at wholesale dealer auctions. Yes, some are flood vehicles, and Hurricane Irene should still be fresh in your mind. Some are cars quickly reconditioned in dealership shops to fill in slow periods when there’s otherwise little work to be done. And many are just flat out junk. “A car that goes across the block at a public auction that isn’t spewing smoke is often packed with thick racing oil to ensure it doesn’t,” Lang continues. “Everything at a public auction looks shiny, but shiny doesn’t mean much about the quality of the car.”

This doesn’t mean it’s impossible to find a good car at auction; it just means it’s getting harder. But if you decide to head down to an auction to gawk and possibly bid, keep these 10 tips in mind.

10 Tips for Buying a Car at Auction

1. Be Honest With Yourself

If you don’t have the ability and tools to deal with whatever mechanical challenges may arise, don’t talk yourself into believing otherwise. If you’re looking for cheap transportation, don’t let it become expensive repairs.

Cars at government and public auctions sell on visual inspection alone. So look at everything and look for telltale signs of repairs such as paint overspray, less than smooth sheet metal, puddles under the vehicle, scored brake discs, an uneven stance and a million other details. Use your nose, hands and legs, too. If a car smells musty or the carpeting is wet, run away.

3. But Don’t Believe Everything You See

Bondo, polish and touchup paint are cheap. Particularly at public auctions, assume every vehicle there has been rubbed on to the point that there’s a reality distortion field surrounding it. Nothing is as good as it looks.

4. Don’t Let the Superficial Scare You if You’re at a Government Auction

At government auctions, weathered paint may cover a mechanically sound Crown Victoria. A small dent in the tailgate of a Chevrolet Silverado may just be a parking lot thump, not signs of misuse. At public auctions, however, those may mean the car is such a basket case that no one thought it was even worth the effort to try and fool people.

Write down the VIN from the base of the windshield for any car you’re considering. Then check other places where the VIN might appear, such as door and trunk lid stickers. If the numbers don’t match, the car may have been in a major accident and rebuilt. Look for more promising alternatives.

6. Pull the Dipsticks

If a car has been well-maintained, when you pull the oil or transmission fluid dipsticks the lubricants should be clear and clean.

7. Know Car Values Before You Bid

Online resources such as Kelly Blue Book and Edmunds give a general idea what used cars are worth. But also take time to research local prices on Craigslist and in classified listings. Again, pride works against you here. If you don’t know about car values, don’t try and fake it.

Vehicles at auction sell in “as is” condition. That means there are no guarantees, no warranties and no means of legal recourse. If you don’t have the stomach to survive discovering you’ve bought a heap of trouble, don’t bid in the first place.

9. Observe Other Bidders

Take your time and watch the action closely on all the cars up for auction. Look for suspicious actions such as bidders who seem to be active on every lot; they may just be trying to pump up the prices. Go to a few auctions before actually participating in one yourself. Get to know the players.

10. Don’t Get Caught Up in the Bidding

It’s easy to get carried away during bidding and wind up spending hundreds more than a car is worth. Don’t pin all your hopes on one vehicle. Be ready to walk away. If you have to take the bus home afterward, it’s still better than winding up with a clunker.


Get Black Book Trade-In Value, used car pricing.#Used #car #pricing


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Getting a Used Car Trade-In Value from Black Book

Appraising your used car’s trade-in value isn’t an exact science. Trade-in values will vary between regions, times of the month – even between dealerships. For example, the used car manager at a Mercedes-Benz dealership may give you less on your used Kia than the used car manager at the Kia dealership, because it’ll be harder for him to sell.

Using Black Book to Appraise Your Used Car

Knowing your trade-in’s value before you visit your new car dealer is essential. If you don’t know how the industry appraises cars, you won’t be able to effectively negotiate your current car’s appraisal value. So use the Black Book Appraisal form and be sure you’re totally honest when indicating the condition of your trade-in. You’ll get a fair estimate of your used car’s value that you’ll be able to take to the dealer.

Note: The price range shown on your final Black Book Appraisal form is a guideline. The dealer will confirm a final price for your car based on their analysis of market trends and vehicle condition.

Black Book vs. Kelley Blue Book

Both Kelley Blue Book and Black Book gather thousands of data points from auctions, banks and leasing companies all over the country. Black Book® updates its online information daily while Kelley Blue Book or KBB, updates its information weekly.

Traditionally dealers have relied upon Black Book for determining how much they should pay for trade-ins. If you plan to sell your car yourself, you’ll want to also research the Kelley Blue Book® Private Party value, which is typically higher than trade-in value.

Ultimately, whether it’s Black Book or Kelley Blue Book used car values, your trade-in value is dependent on several factors including make, model, year, condition, accessories and mileage.

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New & Used Cars for sale in Markham, used car listings.#Used #car #listings


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Checks to make before you buy

When it comes to buying a used car, there’s a few things you should consider before sealing the deal. Here at RAC Cars, we’ve outlined what we believe to be the all-important checks that you should complete. From examining the vehicle’s exterior to looking under the bonnet, it’s essential that you’re happy with the car you’re buying.

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Get from A to B in complete safety by buying a used car from an RAC approved dealer. We understand that when it comes to getting your second-hand vehicle, you want nothing but peace of mind with your purchase. All you need to do is enter your postcode into the search field and your local used car dealers, which are RAC approved, will show up.

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Here is a list of the most popular cars advertised on RAC Cars. You can either select a manufacturer from the list below to start your search or you can use the search function towards the top of the page.

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385,411 used cars for sale

With history-checked cars and innovative search options, there are many ways Motors.co.uk can help you to find your next vehicle. We list a wide range of new and used cars for sale from trusted dealers, so you can be confident of finding the right car for your needs.

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For your peace of mind while searching, nine out of ten cars listed on Motors.co.uk have been given a basic History Check. This checks whether the car has previously been imported, stolen, scrapped or written off.

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If you’re not quite sure which make and model best suits your needs, our ‘Smart Search’ is a great way to find your next car. Whether you’re searching new or used, simply select the features you’d like from the range of options and our ‘Smart Search’ will do the rest.

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BMW has lifted the lid on its all-new M3 CS – a more aggressive and more powerful variant of the standard M3 saloon. On-board is a 3.0-litre twin-turbocharged six-cylinder engine producing 454bhp, a jump of 10bhp over the standard car. From standstill to 60mph takes just 3.7 seconds – half.

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Used Cars For Sale – Appraisals, Used Cars – Certified Pre-Owned Vehicles, Edmunds, used cheap cars.#Used #cheap #cars


Used Cars For Sale

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about used cars

If you’ve come here looking for a used or certified pre-owned car, truck, SUV, crossover, hatchback, hybrid or convertible, then you’re in the right place. Edmunds has everything you need to know about buying or selling a used vehicle, including Carfax vehicle history reports, dealership listings and pricing information, expert car reviews, consumer car reviews, car dealership reviews, car price comparisons, car appraisal calculators, images and videos, technical features and specs, user forums and more.

At Edmunds, you’ll be able to browse thousands of used cars, trucks and SUVs for sale with special offers, appraise your current car, and research the car, SUV or truck of your dreams. You can limit your search to certified pre-owned (or CPO) vehicles for sale and be a click away from articles by our experts that will give you the best car shopping and buying tips and advice. Let’s take a closer look at each of these aids to easier used-car shopping.

The INVENTORY tab at the top of the page allows you to browse used cars for sale from popular makes such as Ford, Honda, Toyota, Chevrolet, Hyundai, Infiniti, Acura and Subaru. The inventory tool allows you to cast a much wider net than simply visiting your local dealership’s website. Start with the make and model of the vehicle that you’re interested in. You’ll have the option to refine your search by price, distance, model year and mileage. If you’re looking for specific options or features, a certain trim level or a specific color, there are more advanced search filters available, including engine type, fuel type, drivetrain, powertrain, airbags, air-conditioning and much more. After you find the car, SUV, truck or hybrid that you’re interested in, select the listing to check out the VIN details page for that vehicle and get more information. There you’ll find a description of the vehicle from the dealer, vehicle features and options, contact information for that dealership, dealer reviews, a ballpark insurance estimate, and a link to see a Carfax vehicle history report.

The APPRAISE tab at the top of the page lets you enter your car’s basic information, odometer reading, trim level, and overall condition. Then Edmunds provides you with the True Market Value (TMV) for your used car or vehicle. Edmunds’s True Market Value or used car value is is a great starting point for negotiation of a used-car sale between a private buyer and seller. This is an “as is” value that does not include any warranties. The final sales price depends on the car’s actual condition and local market factors. You can use this used car value estimate to price your car for sale or to negotiate a trade-in for a new, CPO, or previously owned car for sale from a local dealer. The used car value estimate is also useful for assessing retail pricing at a car dealer. You can try it out by clicking the “APPRAISE” tab, above. Once you enter your vehicle details, you will receive three estimates for your used car’s value: “Trade-in” is what you can expect a dealer to offer you for your used car; “Private Party” is what you might expect to earn if you sold the pre-owned vehicle yourself; and “Dealer Retail” is what you might expect to pay if you were buying this used model used at a dealership. If the vehicle is new enough, you’ll also see a price that says “Certified Used Price.” This price estimates what the dealership might sell it for as a certified pre-owned vehicle.

The RESEARCH tab points you to our expert analysis of the make and model of the car you select. You can read our editors’ reviews and learn about each generation of the vehicle you’re interested in. From there, you can narrow the focus of your car buying research by selecting a particular model year and learning more by checking out photos of the cars, researching local dealership listings, car valuation, consumer reviews, editors’ reviews, pros & cons, features & specs, and safety information. That’s a world of information. And we’ve put it all right at your fingertips.

Are you thinking about trading in your vehicle at the dealership or selling it yourself? Find out what your used car is worth with our True Market Value appraisal tool. Enter the year, make and model to get started. Make sure you know the options on your vehicle and the current odometer reading. Be honest about the condition level. Most cars will fall in the “average” to “clean” range.

The appraisal tool will give you three prices: “Trade-in” is what you can expect a dealer to offer you. “Private Party” is what you might expect to earn if you sold the vehicle yourself. “Dealer Retail” is what you might expect to pay if you were buying this model used at a dealership. If the vehicle is new enough, you’ll also see a price that says “Certified Used Price.” This price estimates what the dealer might sell it for as a CPO vehicle.

If you are hesitant about buying a traditional used car, you may want to consider a certified pre-owned vehicle. These vehicles tend to be newer, have gone through a more detailed inspection process and come with a limited warranty. The Edmunds inventory tool will have an option to sort the list to show only CPO vehicles. You can also go directly to the CPO cars page.

Explore Car-Buying Articles: If you’re unsure about the next steps in buying a used car — or car buying in general — Edmunds has research articles that can help. Take a look at those we’ve linked to on this page, or visit our research main page for a full list of articles that have been written by Edmunds car-shopping experts.

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Vroom: Buy, Sell or Trade-In Used Vehicles Online, used cars online.#Used #cars #online


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Decide if you like the car during a 20-minute test drive with a salesperson. Once you drive off the lot, there’s no going back.

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Spend a week (or 250 miles) getting to know your Vroom. Take a trip, park it in your garage, drive it to work. If it’s not right, we’ll take it back.

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Maybe you got the car price you wanted, but got crushed on your loan. There’s no reason your dealer should profit from a high interest rate.

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Vroom works with more than 30 financing partners, so you can get a great rate. Rates start at just 2.9%.

Everyone one was friendly and worked to help me get the best rate to get my monthly payment down where I needed it to be. Process was smooth and fast!

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Every car should be sold with coverage, but your dealer or private seller didn’t/couldn’t offer a warranty. That left you and your car at risk.

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Our complimentary basic warranty protects your vehicle for 90 days or 6,000 miles. The majority of our cars are still under their manufacturer’s warranty.

This is the second vehicle I purchased from Vroom. The staff is pleasant and professional. The warranty along with Danny Warren s commitment to customer satisfaction makes me feel confident in my purchases from Vroom.

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Buy and sell new – used cars safely, used cars online.#Used #cars #online


385,411 used cars for sale

With history-checked cars and innovative search options, there are many ways Motors.co.uk can help you to find your next vehicle. We list a wide range of new and used cars for sale from trusted dealers, so you can be confident of finding the right car for your needs.

Used cars online

Find the perfect used car

Whether you’re searching for what’s available in your local area or performing a quick search by make and model, the Used Cars page provides a clear picture to help you research your car purchase.

Used cars online

Vehicle history checks for cars vans

For your peace of mind while searching, nine out of ten cars listed on Motors.co.uk have been given a basic History Check. This checks whether the car has previously been imported, stolen, scrapped or written off.

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The benefits of the ‘Smart Search’

If you’re not quite sure which make and model best suits your needs, our ‘Smart Search’ is a great way to find your next car. Whether you’re searching new or used, simply select the features you’d like from the range of options and our ‘Smart Search’ will do the rest.

Latest News

Motoring news from around the country

NASA asks Uber to develop flying taxi technology

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Uber has teamed up with NASA to begin the development of a flying taxi. The taxi app firm has confirmed that it is the first ever company to work alongside NASA on a programme that is related to low-altitude air space travel rather than outer space. Chief product officer Jeff.

BMW reveals limited-edition M3 CS

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BMW has lifted the lid on its all-new M3 CS – a more aggressive and more powerful variant of the standard M3 saloon. On-board is a 3.0-litre twin-turbocharged six-cylinder engine producing 454bhp, a jump of 10bhp over the standard car. From standstill to 60mph takes just 3.7 seconds – half.

Tiredness at the wheel compared to drink driving

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Scientists have discovered that sleep deprivation causes your brain cells to switch off while awake – and it could happen to you while driving. However, it also affects other aspects of your life, from forgetting where your car keys are to a lack of concentration – which could lead to.

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Choosing cars from Motors.co.uk’s trusted dealers

Motors.co.uk works with a nationwide network of trusted new and used car dealers. This means you can search by location and be confident that there is something available in your local area that will suit your requirements.

Selling or buying your next car with Motors.co.uk

Buying and selling your vehicle is now even easier through Motors.co.uk. You can quickly and easily set up your own My Garage account to advertise your vehicle for sale at no cost, and use our free car valuation service, ‘Whats Mine Worth?’, to find out how much my car is worth. This gives you an instant, no-obligation offer which can also act as a guide to selling for free through Motors.co.uk.

‘Ask an Expert’ – get the latest know-how from industry experts

Our ‘Ask an Expert’ library of videos and guides contains top car industry professionals offering their advice and tips the most essential inspection checks, what to look out for during your test drive and how to negotiate the best deal. Plus, have your questions answered in a video Q A, and a downloadable Buying Guide which includes guidance on making your purchase.

The cars people are buying

Our regularly updated ‘What s Hot?’ page gives you a detailed breakdown of the trending manufacturers and models over the last few days. On the ‘What s Hot?’ page, Motors.co.uk details the 10 best-selling cars of the week.

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