Ultimate Guide to Car Auctions and How to Approach Them Step-By-Step!
No doubt you will have seen the ‘below the market value’ vehicles being sold at vehicle auctions around the world such as Manheim, Pickles, Graysonline, and more. Sometimes you can see cars sell for 60% below their market value! These savings are tremendous; however, vehicle auctions often catch out the inexperienced buyers. Either with the hidden fees after winning an auction, or the reliability of the actual vehicle.
To really get the best deal, and score yourself a reliable car, approaching any vehicle auction requires an extensive amount of knowledge, professionalism, work, and risk. If you get these things right, the benefit is huge, with even the possibility of making a profit on your vehicle once you decide to sell it!
I have been involved in vehicle auctions for the past 5 years, with over 15 different vehicles purchased, flipped (not physically), and all profited from once sold! If you’re after a new car, or a side hustle to make money, and are up for the challenge, below I have the steps you should follow to help you with your next vehicle auction purchase.
**Just so you know, there are some…