Question:
Does anyone know about car auctions?
Mother of one
2007-12-05 11:05:46 UTC
I am looking to buy a car with my income tax this year. I have been told to go to an auction. Is that a good idea? I am not able to pay a car note of any kind, especially with me having to get car insurance. I would like anyone's input on car auctions, or nice, quick ways of getting a car this coming year. I haven't saved any money I am just using the income tax for this year. Please help me. NO Bullcrap answers please. Only real help and information. By the way I am 24 and live in Old Brooklyn which is in Ohio. I have never had a car of my own or insurance.
Nine answers:
ruthie
2007-12-05 11:39:56 UTC
There are a lot of kinds of auto auctions. Don't buy a salvage auto from any auctions because you might have problems insuring it and it could cause you some terrible problems. The vehicle might have been in water for a prolonged time or anything you can imagine so proceed with caution and always check to make sure it wasn't a salage vehicle before you buy it. It will say salvage on the title of the car.

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Check with your local new car sellers and ask them who buys their trade-ins and find out what auction takes them to resell.



Generally, if a trade-in is more than three years old they won't keep it on their lot. Maybe the local used car sales offices will tell you what auctions they go to fpr sale.



Watch in your local newspaper for Police Auctions. Once I brought a decent economy car with a not too bad dented fender for real cheap. It ran good. Trouble is you buy these sight unseen until the auctionday and know nothing about them. Now they do list the vehicles that will be auctioned in the paper, but you don't know the condition so it is good to take someone with you who know some about cars.

I paid three hundred dollars for the one I bought and I took a chance, but for me it was worth it.



I am not sure where Brooklyn, Ohio is. I am in VA. I know a lot of people around here go to the Stateline Auction just across the West Va line somewhere west a ways beyond Winchester, VA, Also there is a big Auto Auction just across the Penna. line toward the same northwestern direction. Maybe you could find them on the computer.



But the police auctions are listed in the local newspaper and happen about every three months. Oh, I do know that the state capital offices in VA also have miscellanious auctions with office equipment and there are also cars sold there too maybe once a year.

The Stateline Auctions are every week end.

Check Carmax too. They have some pretty good deals, but that isn't an auction.

Good luck!
?
2016-05-28 11:44:21 UTC
1
2007-12-05 11:10:55 UTC
You can get some good cars in auctions but for the most part the cheaper ones will need some work and because you buy them as is then you are responsible for any repairs needed, take a mechanic with you if you want to get an auction car and have him give the ones you are interested in a once over before you bid.
fordfan7684
2007-12-05 11:17:12 UTC
auctions are pretty good place to get a car but its best if u have someone that knows about cars go with u if u don't know yourself u need someone to check the car out make sure it has no major mechanical problems and make sure you buy a green light car which means you can arbitrate the car most auctions give you a hour to check the car and if there is a problem with it you can protest and get your money back if you buy a car that doesn't go green light and you find something wrong you sol I've bought 3 cars from auctions well below there value most used car lots get there cars from auctions cheap and sell expensive there's no reason u cant do the same
Dennis E
2007-12-05 12:14:43 UTC
You don't have to know someone from a dealership....Anyone can go to these auctions especially if the sign reads "OPEN TO PUBLIC" . I agree about checking the car out first, most auctions give a preview like 1-2 hours before the auction to check the cars out.



Good Luck
patrick b
2007-12-05 11:22:32 UTC
First of all, you cannot go to an auction yourself. You need to know a car dealership owner with a membership to the auction you want to go to. I would then asked him , for a fee of 300.00, would he take you to the auction and help find you a car in the range you want to spend. Now be advised you will have to have some kind of idea what you want before you go! There are anywhere from 1,000- 5,000 cars going thru these things in a day. I would reccomend you look for a Toyota camry or a Honda civic probly a mid to late 90's. Good luck
TERRI S
2007-12-05 11:19:32 UTC
Look in your local paper.....find a car that an individual is selling.....Once you have seen the car pull a car facts report.

www.carfax.com its about 14 dollars....This well give you a pretty good history on the car.This being your first car....well i would stay away from auction...you really don't know what you have until you get home...and you cant take it back...all sale finale..Ive know about cars...iv been in the car business ten year and recently open my own lot......

Your insurance should be OK....at 24.You might have to pay a lil more then normal for about six months....hope this

helps a lil.
2007-12-05 11:19:49 UTC
car auction is a good way to buy cheap car but you will have to fix them up alittle bit.
2007-12-05 11:11:43 UTC
OKAY NO (BS).



MOST INSURANCE COMPANIES WILL NOT INSURE THESE VEHICLES BECAUSE OF LIABILITY TO THEM.



IF THEY DO INSURE IT FOR YOU THE RATES WILL BE HIGHER AND THE VEHICLE WILL HAVE TO BE FULLY INSPECTED.



EVERYONE THAT BUYS ONE OF THESE VEHICLES WILL END UP PISSED OFF OR IN THE POOR HOUSE.



VERY BAD TO BUY NO MATTER HOW GOOD THE PRICE MIGHT BE.



ALSO YOU CANNOT GET ANY TYPE OF WARRANTY OR EXTENDED WARRANTY ON THESE VEHICLES AS WELL.



WHAT YOU BUY IS WHAT YOU GET, REMEMBER THAT ALL SALES ARE FINAL.


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