Public Car Auctions
Top 3 Mistakes People Make at Public Car Auctions
Thousands of people every day score amazing deals at public car auctions. These folks wouldn’t have gotten their dream cars at the price they’ve bought it for had they opted to buy from a car dealer. If you’re someone who’s concerned with budget, participating in public auto auctions is an awesome way to purchase a vehicle AND save money.
However, before you go right ahead and participate in one, make sure that you avoid making these top 3 mistakes.
1. Not arriving early.
Time is definitely money in the world of public car auctions. The earlier you get to the venue, the more time you have in your hands to closely inspect the car. Don’t show up at the start time that was posted in the ads, but be there at least an hour early to view the vehicles with a trusted mechanic or a pal who knows a lot about cars.
At public car auctions hosted by Capital Auto Auction, you can do your car inspections an hour before the event begins. If you’re at Temple Hills, Maryland, you can view the showcased vehicles one-half hour before the auction starts.
2. Underestimating the value of research.
To help you find the car that’s meant for you, Capital Auto Auction offers you the chance to view the variety of top-quality cars that we have in our inventory list days before the scheduled date of auction.Once you’ve zeroed in on a vehicle of your choice, we encourage you to check out its market value with the use of a reliable reference such as Kelly Blue Book.
This basic information alone will help you get back to your senses when you get tempted to bid beyond your budget at public car auctions.
On a side note, although many of our cars are sold to the highest bidder, you can also choose from our wide selection of vehicles with starting prices that are as low as $100!
3. Forgetting about the extra fees and immediate repair costs when setting a budget.
As you determine your budget, make sure that you have the other payments (such as the auction fees, DMV fees, and taxes) added to the maximum amount of money you intend to purchase your car for.Bear in mind that tags, titles, and registration are government fees that you’ll need to cover as well.
Also, unless you’re buying a car at a state that you’re not residing in, taxes need to be paid as well. Another thing you’d have to be ready for is the cost of immediate repairs that your purchased car might need.
If you come to the auction before its starts so you could check on the cars on display, having armed yourself with the right information about your desired vehicle’s worth and with your expectations managed, we could guarantee that you’ll have an amazing auction experience.
To give you a foretaste, check out our upcoming list of vehicles at Capital Auto Auction’s calendar and participate in one of our public car auctions to score an awesome deal on your dream car!