1. First Be Really Truthful With Yourself.
If you are not mechanically inclined and don?t have the tools needed for major repairs, don?t talk yourself into thinking you can do it yourself. Sure you might buy a cheap car, but don?t let it turn into really expensive repairs!
2. Look At Everything In Detail
These car and truck auctions sell with only a visual inspection. So be careful and look for any signs of recent fix-ups,puddles under the car, bad disc brakes or a crooked stance and a bazillion other details. I always look at the brakes and gas pedals. If really worn they tell you how much the car has been used and how well.
3. Don?t Trust Everything You Think You See
Watch out for touch-up paint or Bondo brand body repair jobs on the doors and panels. Everything has been polished to look great but be sure what you see is really what you get.
4. Don?t Let The Minor Things Scare You
At most government auctions, cracking paint may hide a mechanically solid Dodge Ram. A little ding in the tailgate of a Ford might just be from a parking lot bump and not signs of any real misuse.
5. Always check the VIN
Jot down the VIN number of the vehicle you might be interested in. Then check that same number on the inside door and trunk stickers. Now if they don?t match there is a chance it has been in a major accident or repair. Look for a better car or truck if this is the case.
6. Check Out The Dip Sticks
If a vehicle has been taken care of, when you check on either the oil or transmission fluid dip sticks, the lubricants should be clean and clear.
7. Price The value Before You Bid
You can go online and check the Kelly Blue Book and Edmunds? to get a basic idea as to how much a used car of that model should be worth. I tend to check the prices of the same vehicle against Craigslist and classified listings.
8.? As Is? Condition
When you win the bid,there are no warranties or guarantees or any kind of legal recourse or action after the purchase. Only bid if you can afford the risk and price combined.
9. Study The Other Bidders
Watch and take your time at these car and truck auctions. Look for sneaky bidders who might bid on just a particular vehicle just to drive the price up. Go to a couple auctions before you actually get in and bid on anything. Get to know the procedures always use common sense while bidding.
10. Do Not Get Roped Into A Bidding War
It is really easy to find yourself caught up bidding against others and possibly paying hundreds of dollars more just because you wanted to out bid that ?other guy? and lose all the savings you could have had. If you find yourself getting caught up in a bidding war, it?s best to just stop and wait for the next car or truck that catches your interest.
Source: http://www.motorsportacademy.org/ten-car-and-truck-government-auction-tips.html
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