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Save Money at a Car Auction If you are looking to get a great deal on your next car, you should check out a car auction. You might be surprised by the number of car auctions in your area. In fact, with only a little bit of research, you are bound to find several within driving distance of your home. However, do not despair if you live in a remote area, as online car auctions are becoming more popular every day. Though many people do not take advantage of them, car auctions really are a smart way to purchase a vehicle. Here in this article, you will learn how car auctions work and how you can go about using one to buy a car. Your first question is undoubtedly about where the auctioned vehicles come from. The cars can come from any number of sources. The most common way is for the vehicle to be seized in the commission of a crime. If you owe the government back taxes, for example, they can take your car and sell it at an auction. Other cars were used in criminal activities, like deal drugs or a robbery. You should not let that deter you from purchasing the car though. Who else will be present at the auction, is another popular question that people have. The majority of people at car auctions are used car dealers. They score great prices on vehicles and then sell them to the public at a mark up. However, anyone is able to come and bid for the cars. Some auctions are just for dealers though, so be sure to check.
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So, what do you need to know about the auctions themselves? You should expect to arrive very early in the morning and be finished before lunch. Also, they might be held outside. The auction house will give you a list of the vehicles for sale if you contact them. By planning ahead, you can do your research. Do not expect to get a great deal on high value luxury cars, as these often draw professional dealers. But more common vehicles have very low starting prices. Of course, if you are interested in those luxury cars, bid away.
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It is important that you treat car auctions like any other used car sale and research the history of the vehicle. However, in many cases, you can get the VIN number from the auction house in advance of the auction. You can use that number to find out if the car has had any accidents. With a little effort and patience, you can get a really great deal on a vehicle.