| If you are running on a budget, or looking for a good | | | | car was not wrecked prior to your purchase. |
| buy at of course, the least cost for you, or maybe just | | | | 4 Register |
| scouting for your first car, the best place to look for | | | | You have the option to register for bidding on before |
| great bargain finds is at auto auctions. Don't let the | | | | the auction. Registration fee at the auction varies |
| word scare you. | | | | depending on the auction firm and site. You may still |
| It is relatively easy to get started on your first auto | | | | need to fill out a simple registration card. |
| auction bid. The following are helpful tips to make your | | | | 5 Place Your Bid and Buy |
| first purchase a lot easier: | | | | Each car will run by the auction block one at a time. |
| 1 Determine and Keep a Budget | | | | When the car you want to purchase comes through, |
| Begin your auto purchase process by figuring out | | | | listen carefully to the auctioneer. He will begin bidding at |
| exactly how much money you have and you want to | | | | a random price. |
| spend. Keep this budget in mind when you visit with | | | | Raise your card when you accept the amount |
| your bank or bring your credit card and most | | | | announced. Another interested party or two may |
| importantly when you go and preview your car at the | | | | follow your bid. Continue to bid on your vehicle until |
| auto auction. | | | | either the bidding has gone beyond your budget or |
| Bear in mind that on top of the car's price, you still | | | | you've won or lost the bid. |
| have to pay taxes, auction fee and prep fee, buyer's | | | | 6 Proceed to the Cashier |
| premium, etc. Check with the auto auction venue. | | | | Once you've purchased a car, an Auction |
| 2 Obtain Financial Backing | | | | representative will escort you to the cashier's desk |
| Once you know how much to spend, find out where | | | | where you will be required to place a non-refundable |
| to get a loan to add to your budget. Auto Auction | | | | deposit on your vehicle. You may also pay for the |
| firms sometimes offer a pre-approved loan for you. | | | | entire balance at that time as well. |
| You may also go to your nearest bank and try to | | | | If you need to leave to visit your bank or if you want |
| negotiate a loan. | | | | to enjoy the remainder of the auction, you can |
| Bear in mind that you should choose one that fits your | | | | check-out anytime that day before the office closes |
| budget. Remember that you still have to pay that loan | | | | 7 You may now Drive off with your Car |
| back so do not avail an amount that is more than you | | | | When you are ready to check-out, return to the |
| can handle. | | | | cashier and pay the remainder of the balance. At that |
| 3 Preview Auto Auction Inventory | | | | time you will sign DMV forms and a sales contract. |
| This is your time to locate one or two vehicle options. | | | | While all the paperwork is being handled, When you |
| Look carefully at each vehicle too, as they are sold as | | | | are ready to go, show your sales receipt to the |
| is, where is. You will be able to start the vehicle and try | | | | check-out staff on the lot and the car will be brought |
| all mechanical options such as air conditioners and | | | | around after completion of the auction. There will be |
| power windows. | | | | no check out of vehicles during the auction. Everybody |
| Be sure to thoroughly inspect the vehicles. It would be | | | | gets to check out the car only after they have paid |
| helpful to bring your trusted mechanic along. Or run a | | | | and did all the paper work. |
| CARFAX on your vehicle so you are sure that your | | | | |