The Pros and Cons of Car Auctions

The Pros and Cons of Car Auctions

Are you looking that affordable cheap bargain from an auto auction? Many people have walked away with some real good deals so why not you? Well whatever might be the topic, there always are pros and cons and since you are talking about putting you hard earned money in, you must analyze the pros and cons of buying car from an auto auction.

Pros 1. This is the first and biggest advantage that really draws everybody in for auto auction. Auto auctions really give very good price and ease of finding a good deal. You can nowhere find the prices you can get in here. There is no competition between regular retail price and the price you get in public auction. If you are lucky you can really find a very good conditioned car in a very cheap price.

Pros 2. You get a great deal of choice in auto auction. You never know what to expect to see in for sale. There are so many auctions going on all over the country. Hundreds of cars are sold daily. Just imagine. You’d definitely find something you are looking for or even better. If not all you have to do is just waiting for a week or a month and next lot is always ready for auction with even much more choices and probably new models. You can also make your choices form online auto auction sites. You’d get much more choices here.

Cons 1. You should be very careful in inspection of the car you are going to buy. You should not purchase one unless you have thoroughly inspected and convinced. Most auto auctions give to time for inspection and look over cars but some don’t. You shouldn’t consider buying form the ones who don’t give you time for inspection. And these cars comes “as-is”. You do not get to test-drive before you buy it. All you get is to sit behind wheels and start eh engine. Meaning you has all risk of getting a car in worst condition. You should also inspect and check on the clean title of the car. You won’t want to end up with some old car that has accident history.

Cons 2. Once you make the purchase, it is all yours. There are no warrantees of any sort or buy back guarantee. It is more like you have to depend upon your luck for getting a best buy with good conditioned car. By chance or mistake if you get a problematic body then you can’t do anything about it, you are stucked with it. In auctions, once you’ve bought it, there’s no looking back.

Getting a good bargain in an auto auction is exciting but you should be aware of its pros as well as cons. There’s never a risk free cheap deal. If you are looking for good price then your risk is more and if you are not much of a risk taker then you ought to pay high.