Automotive car auctions are a great way to find cheap cars and trucks. There are so many different types of government auctions that you will be amazed at the selection available. You can buy a new or used vehicle from an auction for as little as a few hundred dollars. But the best part about these auctions is that you can get insider information and learn where the best deals are.
If you are planning on attending an auction, there are a few tips you need to keep in mind before you head out to the auction. First, there are usually only one or two vehicles available each day. You may have to wait for hours before seeing any activity at an auction, but it’s worth it to see what you’re getting when you visit an auction.
Most auctions start at a price of two hundred dollars and go up from there. Sometimes they even have packages that include transportation to and from the auction. But the most popular vehicles are the first two hundred dollars and go all the way up to one thousand dollars. It depends on the auction provider, but the bottom line is that you can get a lot for that price!
One thing you can expect at car auctions is that everything is brand new. Even if someone has owned the vehicle for a short period of time, there is no way they could have cared less about it. These are used cars and trucks that have been confiscated by the government and were re-auctioned so that the cost of maintenance and upkeep is low. The only reason they are being sold is because they are not making enough money to cover their operation costs. And you can expect these cars to run great!
Another important tip you need to know before heading out to the auction is that you need to have a strong financing plan before you go. This means you must have down payment money or some other form of collateral. If you don’t, you will most likely have to pay full price before you get your vehicle. Fortunately, it is very easy to get pre-approved for a loan at the auction so this rarely a problem. You also need to have a strong and liquid credit history. So having at least a decent credit score will help you a lot.
So if you are looking for a cheap car, find a reputable dealer and go to automotive car auctions. Make sure you have done your homework and know what your budget is before heading out to the auction. You never know what you are going to get. A good car can be had for as little as $100.