Things You Need to Know Before Purchasing Your First Car From Car Auctions

Looking forward to buy your first car, but clueless where to start from? Car auctions market is a good place to start to hunt your first and affordable car. Here’s a guide from experienced car auctioneer.

Many might opt to look for car dealers, advertisements, catalogs or even eBay for affordable car. If you have time searching for a suitable car for your own benefit, why not try bidding in one of car auctions at Brisbane. You’ll be surprise that you pay way lesser than what you pay from car dealers.

Where is Brisbane’s Car Auction?

There are a few places that you can go and the Auction runs weekly so if u missed out a car, don’t worry, you’ll get it sooner or later. There’s always a car for you to bid weekly.

What do I need before bidding?

All you need is your driver’s license and if you don’t have an Australian driver’s license, you may need to use your passport as identification upon registration. It’s plain and simple, they get your personal details then supply you with a bidding number and you’re ready for the bidding war.

What should I do?

Come a day before for car inspection. Normally these Auction place are open for public a day before the Auction day or come early during the Auction day to avoid disappointments. This is because there are plenty of cars to look at and last minute inspection won’t do you any good.

Why is it important to go for public inspection?

It is important that you know the conditions of the car. This is due to the fact that these cars are not all certified road worthy. To avoid disappointment, come and inspect it especially the major stuff such as the car’s engine, clutch or even gearbox. These may be costly when you send it to the mechanics for repairs. Thus, bring a friend or a mechanic that knows car inside out.

When do I bid?

When you feel comfortable with what you see, don’t forget to refer that specific car model from http://www.redbook.com.au/. This site is useful because it provides the current market price for that specific car in the market sold by car dealers. Especially useful in prevention in over bidding. From my personal experience, it is advisable to bid way lower from the current market price.

What do I do if I win the bid?

Don’t run! Be proud of your winning. A representative will come to you after they identify your bidding registration number. From there, they will guide you through it. You can claim your car at the check out after payments being made.

What do I do with the car now?

Some auction places such as Pickels Auction provide services on the spot such as car registration and road worthy. But it’s up to you. If you have hiccups on the car, bring to your mechanic and get it fix first. Once this is done, you are ready to cruise around with your new car!

Is it worth it?

This is what car dealers go through to get every penny from you. If they can do it, so can you. You can save thousands from this and you might never know some day you may make money out of it too!

Tips and pointers for auction

1. Set your budget before bidding. Do not bid too close to the current market price.
2. Minor problems are ok but avoid major ones. This is to avoid more expenditure upon the car after winning the bid.
3. Do not bid too high for cars that have too many problems. They normally come cheap because of the conditions.
4. Don’t let other bidders get into your nerves, if you lose that bid, there’s plenty more cars to bid. Don’t stick to one car!
5. Stay calm, don’t over react and just wait for the right moment to bid.
6. Enjoy the environment; you might end up making friends and get to get good deal out of it.

Resources: Car Auction Sites

Pickles Auction – http://www.pickles.com.au/cars/

Manheim Fowles – http://www.manheimfowles.com.au/

City Motor Auction – http://www.cityauction.com.au/

This is a guest post by Valerian James. If you want to guest post on this blog, check out the guidelines here.You can find him at his twitter and blog.