Car Auctions
Auctions are a great way to buy Cars competitively. You get them cheap and by participating and buying at auction, one can avoid the long and tedious process of searching for right cars. The entire process is simplified into a matter of minutes rather than months and weeks, as and when the hammer falls, you own it.
You have to do a bit of research and search for relevant information either through the auction publications and catalogues. Most of the auctioneers carry out car auction sales regularly and they print catalogues well in advance of auction date. You can subscribe to catalogue mailing lists.
Reading the catalogue carefully and thoroughly is most important thing, one should read the details and even the fine print and identify the right car depending on the budget and necessarily.
Auctions are very cheap, that's why even dealers mainly buy large number of used cars there. It is important to take the help of some one who knows much about used cars. There are blokes available who will actually go and help buy a car for you if you pay a flat commission. The local garage person or MOT inspector can be hired to go with you.
Crosschecks the details physically with the details given in the catalogue.
Checking the car
Ask to see the vehicle registration document. This
allows you to check that the last registered keeper and the car identity details are correct. Be suspicious if the seller can't produce this. Check the: number plate, engine number, VIN number, which is usually found in the engine compartment and on the bodywork under the bonnet and driver's seat.
Every car that is more than three years old must have an MOT certificate. Check it - it may help you to spot a discrepancy with the mileage. You should also ask to see proof of identity.
Check the ID confirming the seller's name and address is important, but a look into the seller?s insurance policy is much better.
One in three of used car sales could be a fraud. You can contact a company that holds information on vehicle history such as HPI or the Automobile Association for details. They will provide information whether the car has been stolen or written off and if there's any outstanding finance on it- of course for a fee. If you're buying a used car from an auctioneer, ask them what checks they've carried out.
If your car is faulty during the warranty period, in the first year you can get it repaired at your local dealer. If you have an extended warranty, more than one year then the warranty company will cover it.
It is important to look for scratches and dents that might have happened during transit, radios and spare ignition keys or handbook/service book may miss and should be immediately brought to the notice of the auction company.
Make sure you inspect the car very thoroughly before you participate in the bid. Do not forget to ask for a radio code if you need one.
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