public auto auctions.?

Question

for an every day joe..how does a auction work, and what do you need to bring. in S.D

Answer 1

Not sure about SD, but I'd assume most areas operate very similar to the ones I've been to.

Any auto auction I've ever been to required an ID, they will copy it and keep that copy on file. They do this so that if you stiff them and bid on a vehicle and don't pay, they got your info and will not let you back into the auction ever again (and may or may not go after you for storage and other fees).

Before you go, call them to see what you need to bring with you to bid and they will tell you what you need to bring.

If you're planning on going to get one of the $10 vehicles they advertise on TV, forget it, those deals don't exist, the $10 car is a burned out shell that a scrap dealer paid $10 for the steel.

But, you can get a good deal on a vehicle at some sales, and state sales can be a great place to get impouded vehicles that the owner never got back, or retired state vehicles (including old police cruisers). While they're maintained well, state vehicles usually see a lot of abuse, so they may need some repairs even though most are built for the rougher driving.

Be aware when bidding, and set a price that you're not going to go over and stick with it. Too often bidders get caught up in the moment and bid too high on stuff.

Make sure to arrive early to look at the vehicles prior to bidding. Find out wht the different markings on the windows mean. State auctions usually bid vehicles where they sit, so knowing how to tell if it has keys and runs or not is important, don't be afraid to ask someone working for the auction how to tell. Regular auctions will usually run a vehicle across a bidding staging area, so they will start them and drive them across and then drive them off so you can usually tll how well it runs.

Bid low, and plan on spending some money on it for repairs. There's a reason it's at the auction house, whether it's too old for the lot selling it, or there's something wrong with it, or high mileage, or whatever.. best to be prepared to spend a little extra on it after you get it.

Answer 2

An auto auction works like any other auction. You bid on a car, and if you're the highest bidder, you get the car. Some advise though...once you bid and win...it's yours. So get there early, like as soon as the auction grounds opens in the morning, or even the day before and look over the vehicles closely. Keep an open mind, and don't pick just one vehicle. When you're looking over the cars, hear them run, and if at all possible, try the transmission to make sure it goes into gear-both forward and reverse. Look for any obvious fluid leaks, check to see if there's been any body damage(it can be tough to tell, but aftermarket body parts can be easier to distinguish because the paint on the inside of the part is better than factory more often..or there's part numbers written in chalk inside of them(i.e. the inner front fender under the hood). Look for chalk writing on any of the engine parts...that could indicate that it'd been replaced with a salvage yard part(head, block, radiator, transmission). Check the interior...look for water damage under the dash(very important-some people send their vehicles that'd been in a flood to the auction..and that can haunt you). Make sure everything works as good as you can accept. There's no negotiating at an auction.
Other than that...when you're bidding on it, make sure you pay attention to who's bidding against you..sometimes(though it is illegal, it DOES happen) the auctioneer or a ringman will bid you up.
The only other thing you really need to bring with you otherwise is a form of payment, some insurance(just let your agent know that you're planning on going to an auction, and they'll give you a temporary insurance card..but in most states your current policy will cover any new purchases for 30 days).

Answer 3

Hey every day Joe I been selling cars for 30 years and you better stop by my website before you enter a public auction, here is my webpage on auctions http://www.usedcartips.org/AUCTIONS.html
From there study the 10 free steps how to buy a used car. take 15 minutes out of your life and learn something for free from this old guy being retired and dont post a website for profit

Answer 4

stay faraway from the so talked approximately as, public vehicle auctions. they're dumping grounds for the dealerships to do away with automobiles that arent sturdy adequate to sell on there a lot. detect a vehicle from a private occasion and have it regarded at, previous to the sale, by technique of your vehicle provider service to easily make specific you arent determining to purchase a lemon, wish you detect what you're searching for