When it comes to used car auctions, it is every man for himself. There are laws that are suppose to protect the consumer but we all know that it is a lie and they only protect the person who rips off the consumer. Two words like "as is" provides a great defense for sellers. Some auctions you can go to will put a thirty day guarantee on the frame, motor and body of a car.
Always make sure that the contract says how many days you have before you need to get the title. If it does happen to take them longer to get the title to you then you can always get your money beck because this is a breach of contract on their behalf. I personally do not think it is safe to bid on a vehicle unless there is a title there.
Remember that a rental is just the same as a used car. I personally think that a rental car is better taken care of than a private owned vehicle because they are cleaned and maintained after everyone uses them to keep them in good looking shape. I have never had a rental break down and the companies usually take the cars out of service after like two or three years.
There are a lot of places you can find auto auctions on-line and there are a lot of vehicles that you can get for a cheap price if you just use your head and remain calm and make sure to always keep a clear head and do not rush into things. If you rush into things this could result in you possibly getting a lemon.
A lot of auctions do a slim to nil car title check. The car auction then gives you nothing that guarantees that the title to the car is a clean title. Auto auctions will try to cut corners and do the bare minimum title check and most of them are not deep checks by far.
There are many auctions which offer cars at whole sale prices and these are for dealers. If you are a dealer then you most likely know what kind of deals you can get from these and what kind of lemons you also have been burdened with.
You always have to pay a higher price than what you actually bid for the car, this alone should tell you how terrible these auctions are. There sometimes is a buyers premium. So this means that you will have to pay at least a thousand or more on top of the price that you win the car for, and lets not forget you also have to pay for taxes on the car.
No matter what, always make sure that what you get is going to be worth the money that you pay for it because you do not want to get something that is a piece of crap and end up paying way more for it than what it is worth.
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Want to make sure you have the whole truth at used car auctions ? Wonder what you may be missing when you read car auction classifieds ? Don't get fooled!
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