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Fundamentals of car auctions

The car auctions are a major source for finding the great deals on good used cars. But before you attend an auction car you must first do your homework and understand the process of an auction car.

What is an auction of the car? Where do they get the cars?

car auction is a place where cars are Offers above and are sold to the highest bidder. The cars repos auctions come from many different sources of the bank, mechanics, private owners, car dealers, tow yards and many other places.

Most Public car auctions are listed in the local penny saver or the newspaper. You can also do a search on Google for car auctions in your town. Find out when the times and dates are preliminary inspection. It is usually the day before the auction or two - three hours before the auction. When you

preliminary inspection found that the cars that interest you most do a visual check of the car and take notes write down the year, make, mileage, VIN #, color and general condition of the car. You can not drive the car but at least ask if you can start the car. It is important that you find out about the terms of sale when the inspection are preliminary. Some places will require a deposit before you can posiate offer. Also, find out what type of payment accepted as cash, credit cards, or cashier checks.

Now that you have a list of cars like the time you do some research and find what the fair market value of the car is. You can use the Blue Book, Edmunds or NADA Kelly. All three services are free to use online. To find the true market value of a car I suggest using all three services to compare prices I personally like using Edmunds when buying cars. It is also a good idea to run a report in line to get free car the history of the automobile.

Your housework is all done! Now its time to go to auction the car was equipped with all your information. The first thing is to get registered so you can offer on the car you like. The second thing to consider is the car you are interested in a new and fixing the maximum price you are willing to pay for that car. Remember you never get into a bidding war set your maximum price and never offered him to pay over or above.

Cory m. writes articles for tips on car auctions and the most important lessons about the basics car auctions visit Auction http://basicsofcarauctions.blogspot.com Car