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Article #63: The Truth About Public Car Auctions

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Geez, there's just so little "real" open-to-the-public auctions to begin
information on open-to-the-public car with. This means it's likely you're
auctions and the many web sites that going to need at least some amount of
claim you can buy cars for as little as patience. Some auctions are quarterly,
$100 ... or pay just 90% of retail. some are monthly and there are a few that
You've probably seen them ... lots of are weekly. They've got to build up an
hype. It's a shame they oversell inventory of cars so it justifies the
themselves because there are indeed cost of putting on an auction. And this
opportunities to save a lot of money. And takes time. So, unless you're a bit
while I happen to be a member at four of lucky, you probably won't run out to an
these sites, and they're most definitely auction to get your car this afternoon.
worthwhile (some more than the others), I guess what I'm saying is it's not like
the marketing hype can't help but create visiting as many Dealerships as you want
false expectations for many people in a single weekend. Next is pricing.
outside the industry. And if you do a There's going to be other shoppers
search on Google to try to find some bidding ... maybe even some Dealers.
information or reviews of these sites, You're not going to get a "good",
it's unlikely you'll find anything late-model car for a few hundred dollars.
realistic ... just alot of "click here to That being said, it's not unheard of to
save 90%" hoopla. I've tried extensively get a $20,000 car for $10,000 to $14,000
and the results have been pathetic. But ... or a $15,000 car for $7,000 to
again, I'm not saying that there's not $9,000. You can indeed get excellent
really good deals at these auctions. buys below trade-in values, and sometimes
There are. But they make it sound like way below. But just forget about real
you join today, either bid on an online nice cars for "under $500", as is often
auction or go to an auction this the hype. Are there cars for under $500?
afternoon and then drive off in your Of course there are. And often good buys
beautiful 2005 Audi TT for $500 ... zip, too. But they are not the late-model
zap, zoom, you're done. I can tell you cars. Next, you may have to go a
from experience that this just isn't distance. The good auctions may not be
going to happen in the real world. Can right next door to you. Many auctions do
you get a great deal on the Audi TT? not have online bidding. They're at a
Absolutely. But it will likely take some physical location. So, bear in mind that
time and it's not going to be practically it may not be be particularly convenient.
free. So, lets talk reality here. All of this being said, it is true that
Auctions CAN fit into your strategy for there are excellent, money-saving deals
getting a great price on a car. And at public car auctions. But please be
these auction web sites CAN make this prepared to both spend some time at it
easier for you. But let's look at both and to pay more than the hype implies.
the pros and cons to establish realistic Joshua Rose is an Auto Broker who goes to
expectations. Then you can be in a Florida Car Auctions on behalf of car
better position to decide if this is buyers. For information about
something you'd like to pursue or not. Open-To-The-Public car auctions in your
First of all, there aren't a ton of area, please visit Public Car Auctions.






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