cars guide
Thursday, 28 October 2010
Car buyers looking to bag a bargain vehicle can find excellent prices when heading to local car auctions. Unlike car dealer auctions, which can only be attended by licensed dealers looking to supplement their stock, car auctions are open to the general public as well – meaning more people have a chance to get a used car at a nice price. Car auctions take place across the UK, and you could find one happening near you simply by looking in the Yellow Pages, browsing classified ads in your local newspaper or on community websites, or by leafing through a car magazine. You can even find auctions dedicated to a specific type of vehicle you might be interested in, such as sports cars, vintage models or 4x4s. It’s advisable not to bid for cars at your first auction, but rather to use the experience as a way to learn how the auction process works – that way, you won’t end up paying more than you have to for a used car next time. By taking along a price guide for the models being auctioned, you’ll be able to compare their final auction price to wholesale trade prices, dealer prices and private seller prices that would be expected for vehicles of that make, model, age and condition.
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