How To Buy A Car At Auction

More and more people are turning to car auctions to find reliable rides for cheap. Avoid getting duped and learn how to bid with the pros by following these 10 auto-auction tips.

1. Don’t Get Caught Up in the Bidding

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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.

2. Observe Other Bidders

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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.