Category Archives: Auto Auctions

All about Repossessed Vehicles

Repossessed Vehicles are those vehicles that have been seized by an institution because of a number of reasons. The institutions include the government, police and lending institutions such as banks. The vehicles that they sell have been ‘repossessed’ or seized because of a party’s failure to pay for the vehicle, among other reasons. Institutions sell…
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top 4 tips for bidding on car auctions

Car auctions are a great way to get the vehicle that you want for really low prices. However, for the uninitiated, car auctions are a minefield that can hurt them, especially their pockets. To prevent the same thing from happening to you, we have come up with a list of tips that you should keep…
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Three MUST HAVE tips on appraising the value of a vehicle

Believe it or not, your car’s value depreciates every time you use it. With every mile added to your odometer, with every ding and with every repair, the overall value of your car declines. So if for example you bought your car for $20,000, its price drops when you sell it. Determining the value of…
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How local auctions work

Participating at local auctions is the best way for you to find the car that you want at very reasonable prices. However, if you haven’t been to a local car auction yet, then below are some things that you can expect during auctions of that type. Keep in mind, though, that auctioneers might have different…
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Requirements for Participating in Auto Auctions

Different auctioneers have different requirements for those who plan on participating in their auctions. You should look at their requirements closely before even participating in the auction. Otherwise, you may risk losing your bid. Although auction houses have different requirements, below is a general guide that can help you out when joining an auction. Public…
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Local vs. Online Auto Auctions

There are two major types of auto auctions: the local and online auto auctions. Each of them has its set of pros and cons and we will discuss them here. Convenience In terms of convenience, online auctions are more convenient than local ones because you can bid for your desired car at the comfort of…
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