Buying Direct at a Wholesale Car Auction
You must
aim to get big discounts if you are planning to purchase two or more cars, but
you can get much bigger discounts by cutting out the middleman and going straight
to the source; one of them being a wholesale car auction. Another method is
to buy direct from the owners. But this is a bit difficult since you need to
have a fairly good list of owners and companies that are selling their vehicles.
The better
option between the two is to visit wholesale auction houses where you can find
cars on public sale with incredibly low minimum bid prices. Some of them are
valued a lot cheaper than what the middlemen and second-hand car dealers are
selling them for. In fact, you shall be bidding with many used car dealers. This alone tells you that you are at the right place and will be getting a good bargain if
you win the bidding.
The Challenge of Bidding for Cars at Wholesale Auctions
However,
buying auctioned cars is not as easy as you think. This is quite different from
buying vehicles at dealers’ showrooms where you can get the cars of your
choice. In this case, you may not always get the lot of cars that you want
since acquisition of auctioned units will go through a bidding process where
there are other bidders competing with you.
