Discussion
Just realied there is one not far from me and have been thinking about going.
This is where I have a few questions. How do these days normally work especiay if you have no interest in buying/bidding.
Are they ticketed events or can anyone turn up?
Are they ok with folk who have no interest in buying? I may in the future but not in a position to now but i'm very intregued to go.
This is where I have a few questions. How do these days normally work especiay if you have no interest in buying/bidding.
Are they ticketed events or can anyone turn up?
Are they ok with folk who have no interest in buying? I may in the future but not in a position to now but i'm very intregued to go.
Go and look at a few to find out how they operate and decide whether they're suited to you. I like the fact there are so many cars in one place so I don't have to chase hundreds of miles looking and normally the cars are cheaper. My current car was bought at auction and I'm very pleased with it.
Apparently there are trade only sales but I've never come across one; in the main they're open to the public.
Pay attention to the terms and conditions, most have a buyers premium that's on top of the hammer price.
Check out which cars you're interested in before the sale starts and make sure you know what you are prepared to pay before the car enters the ring. Ideally find out who's entered it; trade ins from main agents can be good. My '03 A4 was entered by the main Audi dealer who won't sell cars that old which made it an excellent prospect. Conversely something from a private buyer with short MOT will ring alarm bells.
Most cars are sold as seen though newer models can have the balance of manufacturers warranty.
Apparently there are trade only sales but I've never come across one; in the main they're open to the public.
Pay attention to the terms and conditions, most have a buyers premium that's on top of the hammer price.
Check out which cars you're interested in before the sale starts and make sure you know what you are prepared to pay before the car enters the ring. Ideally find out who's entered it; trade ins from main agents can be good. My '03 A4 was entered by the main Audi dealer who won't sell cars that old which made it an excellent prospect. Conversely something from a private buyer with short MOT will ring alarm bells.
Most cars are sold as seen though newer models can have the balance of manufacturers warranty.
DaveH23 said:
Just realied there is one not far from me and have been thinking about going.
This is where I have a few questions. How do these days normally work especiay if you have no interest in buying/bidding.
Are they ticketed events or can anyone turn up?
Are they ok with folk who have no interest in buying? I may in the future but not in a position to now but i'm very intregued to go.
Quite a high indemnity for non trade and if you don't know what you're doing mistakes are very costlyThis is where I have a few questions. How do these days normally work especiay if you have no interest in buying/bidding.
Are they ticketed events or can anyone turn up?
Are they ok with folk who have no interest in buying? I may in the future but not in a position to now but i'm very intregued to go.
matty6660 said:
I've always heard they are for dealers only. I would like to go to one because apparently you can get some great deals but I don't want to waste my time getting there just to not be allowed in.
Give them a call to find out if open to the public then go and enjoy the show. Don't think about buying for the first couple of visits just get the feel of the place and understand the routine.I'd recommend getting a price guide and try to work out what the sale prices will be before they enter the ring.
I find that the big name car auctions like BCA are often too expensive if you're after a popular car. The fees are silly expensive and then they charge you for things like the V5 Logbook handling and any mechanical reports on top. It becomes only a thin saving over a supermarket and round about the same price as you'd pay privately.
The lesser known/ smaller auctions on the other hand can still be a good place to pick up bargains, as can the likes of BCA for less popular/ niche cars.
But in answer to your question yes they are generally open to the public and you can just turn up to spectate
The lesser known/ smaller auctions on the other hand can still be a good place to pick up bargains, as can the likes of BCA for less popular/ niche cars.
But in answer to your question yes they are generally open to the public and you can just turn up to spectate
Bought my current car at auction in Poole 18 months ago and well chuffed with it tho to be honest I realise I actually did very little checking over of it before I decided to bid on it - think I was just lucky it wasn't a heap of she-ite.
I would say go along to several first, be strict enough with yourself to not bid, then when ready to buy it's no secret to checking over the car. Might be stating the obvious here but look past the polish, tyre shine and engine bay dressing etc. Check over any paperwork that it comes with and ask yourself why it's in an auction in the first place where you're not going to be able to take it for a test drive.
Pretty sure they're all sold as seen tho you get something like an hour to reject it once bought in case engine falls out or it explodes.
I would say go along to several first, be strict enough with yourself to not bid, then when ready to buy it's no secret to checking over the car. Might be stating the obvious here but look past the polish, tyre shine and engine bay dressing etc. Check over any paperwork that it comes with and ask yourself why it's in an auction in the first place where you're not going to be able to take it for a test drive.
Pretty sure they're all sold as seen tho you get something like an hour to reject it once bought in case engine falls out or it explodes.
Still be careful at auction, i have know 3 traders to get cars with issues
1st Saab Turbo, lovely looking, low milage, (blown turbo £800) made the car £50 less than retail one repaired
2nd Range rover, got come back on it as cats had been cut out and straight pipe in place of (petrol) failed MOT 3 weeks after purchase also had a side wall plug repair
3rd was a Mini which had quite a few usual issues, but not declared at auction
1st Saab Turbo, lovely looking, low milage, (blown turbo £800) made the car £50 less than retail one repaired
2nd Range rover, got come back on it as cats had been cut out and straight pipe in place of (petrol) failed MOT 3 weeks after purchase also had a side wall plug repair
3rd was a Mini which had quite a few usual issues, but not declared at auction
Many years ago I went to Brighouse top car auctions with my old man who fancied a Lexus LS 400 at the time , he'd had the test drive at Reg Vardy's but they wouldn't budge on price.
We bought the same car with similar mileage and saved £7000 on Vardy's price.
The salesman chased up and was told we'd bought one at auction , why ? Easy answer 7000 reasons why.
We did get an hours warranty mind.
6 years later he sold it for half of what he paid for it , not one issue with the car over that period .
We bought the same car with similar mileage and saved £7000 on Vardy's price.
The salesman chased up and was told we'd bought one at auction , why ? Easy answer 7000 reasons why.
We did get an hours warranty mind.
6 years later he sold it for half of what he paid for it , not one issue with the car over that period .
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