| Trailer auctions provide a great arena for getting deals, | | | | match your bid and will thus have won your trailer. |
| but they require some savvy and a certain amount of | | | | For in-person auctions, either bank or government, the |
| strategy. Depending on the type of auction, you can | | | | strategy depends on whether the auction is live or |
| find repossessed trailers, seized trailers, used trailers or | | | | silent. With either type, it is again important to set your |
| even new trailers. New and Used trailers are found | | | | maximum bid before the bidding begins. During a live |
| almost exclusively at on-line auctions, while | | | | auction, each item is offered with a starting bid, and |
| repossessed trailers are sold at bank auctions and | | | | then bidders increase their bids until only one bidder is |
| seized trailers are sold at government auctions. | | | | left. In this style of auction, it is crucial that you increase |
| Different auctions require different strategies. | | | | your bid by only as much as necessary to outbid the |
| On-line auctions will be the best option for you if you | | | | others, and then stop when you reach your maximum |
| wish to view and bid on trailers on your own time and | | | | bid. Be careful that you do not become too emotionally |
| in the comfort of your home or office. The best | | | | involved in the auction or you may end up paying more |
| strategy for winning at on-line auctions requires some | | | | than the trailer is worth or than you can afford. With a |
| patience and planning, but can work very well if | | | | silent auction, bidders write down their bids in increasing |
| implemented correctly. This strategy is sometimes | | | | amounts for an allotted time. You can either use the |
| known as the "sniper". First of all, set a maximum bid. | | | | live auction strategy here and closely watch the |
| Next, locate a trailer on which you would like to bid and | | | | bidding sheets, or use the on-line "sniper" strategy and |
| make sure that the current bid price is below your | | | | wait until the last minute. |
| maximum bid. Wait until the bidding time has nearly | | | | Winning at auctions take some practice, so don't be |
| expired, and then, once you have checked that the | | | | discouraged if you don't win your item on the first try. |
| current bid is still below your maximum bid, enter your | | | | Keep trying and eventually your dream trailer will be |
| bid with only a few seconds left on the clock. If done | | | | yours for a price you can feel good about. |
| correctly, you will have left no time for anyone else to | | | | |