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How to pay less at a UK car auction

How to pay less at a UK car auction

John Louie Ramos John Louie Ramos

Buying a car at a UK car auction can save you tons of money, only if you know how to effectively deal and bid with car sellers and fellow buyers. Car auctions are usually open to the general public. Hence, below is a simple, yet effective, guide on how you can pay less at a UK car auction.

Do your homework - Research

The first thing that you should do prior to the actual bidding is to do your own research regarding the top car auctions where you can get great car deals. There are several types of car auctions in the UK including car auctions by the national government, by the police department, by commercial car companies and by insurance companies. Different types of car auctions parades different types of cars. Thus, you should know exactly what kind of car you are looking for in order to save time and money.

Never buy a car on your first visit

A good rule of thumb when buying a car at auction companies is to never buy a car on your first visit. You should first orient yourself with how the auction system of that particular auction house works. More likely than not, there are certain bidding patterns that can help you in getting a better car deal. You should also observe the auction for a couple of days before buying so that you can find out the extent of interest that buyers have on a particular car.

Don't forget to check the engine and exterior

Before bidding for a car, you should first check its engine and its exterior for any damage or signs of wear and tear. It is important to note that the interior does not reflect a car's overall performance. You can negotiate a better deal even after winning the bid, if obvious damages and excessive wear and tear are present.

Don't get too excited when bidding

Getting too excited in buying or bidding is never a good thing when it comes to cars. You might get too excited and bid on something that you don't really like. For that reason, it is necessary to keep your composure and be calm when bidding. You must also remember that the amount you'll pay for a car is different and higher than the final winning bid.

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