Car Auction Lemons: Risk- Reward In Your Favor

I’ve been reading articles and blogs about used car auctions and realize there is some concern about buying a lemon.



There is usually less worry when buying a car from a dealer, they take

care of the car title registration, insurance verification and usually have a return policy that allows you to return a car if you don’t like it.



The full service is what we are use to and it is expected when we have

paid full retail price for a car. Buying from a dealer is the mainstream way to do business.



The car auctions are becoming a popular alternative for the budget

minded to car buying, compared to retail sales. No wonder, the price

is what you say it is! Price = your bid. If your bid wins that is what you

pay. Be sure to read the auction rules to see if there are any additional fees, do this before you bid.



The kind of car auctions where you get the best prices will auction the cars "where is, as is". "Where is" means you will have to have the car moved or towed off of the auction yard property. If your insurance covers the car maybe you can drive it yourself. "As is" means you receive the car and all of it’s defects and liabilities. I am not giving you legal advice, this is reference information for educational purposes only.



Part of the purpose of article and blog sites are to bring you educational information that will help you avoid costly mistakes.



When you find used car auctions to go to in your area, look for their web sites on the Internet and carefully read the rules for the car auctions. Pay particular attention to how they disclose vehicle ownership, title, any outstanding loans, known damage and if the car is drivable.



When you are satisfied with the rules information at their web site, it would be advantageous for you to view an actual video of car auctions. Some car auctions have their own introduction or training video for you.



You can also review videos of car auctions on YouTube.com. The car

auctions are a real eye opener! You can watch while people are

placing their bids and when the cars are auctioned off. You can hear

the starting price and the winning bid. You can hear the auctioneer

announce the title status, the mileage and any obvious damage to the

car. You can preview the car auctions inventory on line and sometimes

car auctions have a video of the auction inventory that you can view.



A good method to help you steer clear of lemon problems is to use an

automotive evaluation check sheet at car auctions.



I would define an automotive evaluation check sheet as an easy way to

itemize and organize a general list of likely car problems covering safety, function and appearance.



Another good way to avoid getting a lemon at car auctions is to bring a knowledgeable friend with you to car auctions. A friend who knows

general automotive systems, car body and frame inspection would

prevent you from getting vehicles from car auctions that you did not want.



By reading articles and blogs about car auctions for repossessed cars

and seized property, you will discover well organized and concentrated

information resource sites that you can join for a small fee. These are information service sites for car auctions where you can read

testimonials or blogs about other members getting a good deal at

car auctions.



For more information about this, find the blog link associated with this article.