Friday, November 8, 2013
Imagine Finding One Of These In Your Garage..
Thursday, November 7, 2013
6 Tips To Help You Get The Best Deal At A Salvage Vehicle Auction
Tip #1 Get To The Party Early
The earlier you get to the auction the better. This will give you time to see what all is available. It will also give you time to see what your competition is doing. If you can, talk to them and see what their bidding style is. You can learn a lot from your competition.
Tip #2 Check Out Each Car Thoroughly
As you know, the cars at this auction will more than likely be a total wreak. Even still, you should take the time to inspect the cars thoroughly. While a car may be a total wreak according to the insurance company, often times you will find parts that are still in great condition.
Tip #3 Always Verify
Keep in mind everyone at the salvage vehicle auction is in it for themselves. The auction house is trying to make money just like you are trying to save money. Never take the auctioneers word at face value. Always take the time to verify what they are saying. The auctioneer has one job and one job only. To portray the vehicle in the best light possible so they can get the best price possible.
Tip #4 Leave Your Emotions In The Car
When you go into these auctions chances are you won't be the only one looking at a particular vehicle. Many times you will end up in a bidding war. Before you bid on any item you need to know two things. The value range and your bidding ceiling. You should know how much you are willing to spend before you even get to the auction. When you get in a bidding war things can get very heated as you will want to win. But stay disciplined and refuse to go over your budget. Otherwise you may win the bid, but you will indeed have buyers remorse.
The earlier you get to the auction the better. This will give you time to see what all is available. It will also give you time to see what your competition is doing. If you can, talk to them and see what their bidding style is. You can learn a lot from your competition.
Tip #2 Check Out Each Car Thoroughly
As you know, the cars at this auction will more than likely be a total wreak. Even still, you should take the time to inspect the cars thoroughly. While a car may be a total wreak according to the insurance company, often times you will find parts that are still in great condition.
Tip #3 Always Verify
Keep in mind everyone at the salvage vehicle auction is in it for themselves. The auction house is trying to make money just like you are trying to save money. Never take the auctioneers word at face value. Always take the time to verify what they are saying. The auctioneer has one job and one job only. To portray the vehicle in the best light possible so they can get the best price possible.
Tip #4 Leave Your Emotions In The Car
When you go into these auctions chances are you won't be the only one looking at a particular vehicle. Many times you will end up in a bidding war. Before you bid on any item you need to know two things. The value range and your bidding ceiling. You should know how much you are willing to spend before you even get to the auction. When you get in a bidding war things can get very heated as you will want to win. But stay disciplined and refuse to go over your budget. Otherwise you may win the bid, but you will indeed have buyers remorse.
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