Buying classic car at auction

[phn]

From some basic research it seems that it should be possible to buy a classic (convertible) at auction, have the fun of running it during the early summer months (whilst also advertising it), and then sell it on at a profit.

For the price bracket I am looking at, it seems that given patient advertising, it should be possible to make 2K profit on a classic purchased at 5K.

This would seem (on the face of it) to be a cost free way of getting some fun summer motoring. Has anyone done this successfully, or am I just dreaming (again!)

Philip.

[Doofus]

Assuming you can get it for £2k below what you think it's actually worth.

Auctions aren't necessarily cheap places to buy.

If you think you'll be able to buy whatever it is at £2k less than its market value, then it'll very probably need money spending to get it up to that value.

Is one of what you want actually in an auction soon?