How Can I Learn More About Car Auctions?

How Can I Learn More About Car Auctions?

How Can I Learn More About Car Auctions?

Many do not even know the existence of public car auctions but for those who do, do they know where to find them? It is worth looking for them because these auctions can save you up to tens of thousands compared to the price that you would have paid at a used car dealer.

Vehicle auctions are held on an almost daily basis throughout the country. Since these are scattered, you need to know where to look for a listing. There are basically two ways where you can find a list of auctions that are located close to you:

1. Auction directory servicesThese are directory services that are available online. The sites usually list details such as the location of the auctions, the vehicles that would be up for auction, the schedules and so on. Certain site give you more by having informative and useful articles on what to expect during, before and after the auction, what to bring along, the do's and don'ts of an auction as well as guide on how to participate and bid. YourNextCar.info is one such site that provides such details.

The catch is that you have to subscribe to the auction directory services for a fee. The average fee is $40 but the savings that you get from purchasing a vehicle at the auction far outweighs this meagre sum that you only have to pay just once.

However, details and information on some auction directory services could be outdated due to the number of auctions and vehicles daily. Before attending a particular auction, check if there are any changes to the schedule. If you feel that information on a particular auction directory services is often outdated and irrelevant, it is possible to get a refund.

2. Agencies and tabloidsThe second way that you can get a list of auctions is by searching for them yourself. There are two sources of information - the government agencies and auctioning bodies, and the newspapers. You can call up the local government, local federal, state and county agencies to find out when is the next auction and its schedule. Banks and financial institutions are also frequent organisers of auctions, so call them up as well as auction institutions who conduct auctions for banks and other clients.

Check the local and national papers too for announcements. It is a legal requirement for auctions to be announced in local newspapers, so find out what days these ads usually appear and then keep a look out for them.

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