Cars for Sale Ireland Blog

Using car auctions can be a fantastic for almost anyone. If you are looking for a new personal vehicle or want to purchase a few and sell them on to make a few bob profit, car auctions can be the best way to sort yourself out. However, before your fly off to just any car auction, you’ll need to understand what type of auctions are around, as well as what each auction has to sell.

Online Auctions

Online car auctions allow purchasers from all around the world to bid on cars. These take place through auction websites, such as EBay Motors, Yahoo! Auctions and many many more besides. Winning these auctions means that you are bound by a legal contract to buy the vehicle for the price you offered. That means you need to shop with care and avoid getting into a bidding war. Because with the nature of these car auctions, prices are often higher than what you will find with other options as there are lots of people bidding who don’t actually know the value of the car they are bidding on not alone the condition. So be careful

These are held at lots of locations, and phone bidding is usually allowed. Many of these auctions have gotten great popularity and are broadcast live on television or online for viewer’ enjoyment. Public car auctions are open to anyone, with no restrictions (unlike wholesale car auctions). These auctions are also very competitive when compared to some other car auction formats and prices can rise quickly. However, they are great places to pick up a solid car at a great price if they are not highly sought after vehicles. If sought after they become expensive as there will be plenty of bidders interested in the car and some will not know the true value and will keep bidding regardless thinking because this is a car auction prices will be low to start. Most also dont take into account Auction Fees and commissions so check these before you bid.

Wholesale Auto Auctions

Wholesale car auctions are much different that public auctions. These are usually reserved for those with a car dealer’s license. This is where you will find ex rental cars for auction that have lived out their life on a rental lot usually a good buy because they will have a good service record. You’ll also find dealer-to-dealer auctions in order to move overstock and many other types. However, if you don’t have a dealer’s license, don’t try to show up for these. You wont get in not alone be allowed to bid.

Police and Government Car Auctions

When most people think of car auctions, they picture this type. These are auctions for seized vehicles, whether seized during a criminal activity or for some other reason like no insurance or tax and were not redeemed by their owners by a certain period and therefore become the property of the state. In addition, you can buy government vehicles that are no longer in use. These are great options for anyone looking for a good deal on a vehicle without an “doggy” past. There are no guarantees that seized vehicles will be in any certain condition, though you are permitted to look at the vehicle prior to bidding. ALWAYS RECOMMENDED

So why not take this information and visit a car auction soon no matter where in the world you live.