The price you pay for at used car auctions is always higher than what you originally bid. Lets not forget about the buyers premium and this can range from a few hundred dollars all the way up to a couple thousand dollars. It can be ten percent of the bid of maybe just five. When you get caught up in the excitement of a bid it is easy to forget about the buyers premium.

Always make sure that the contract says how many days you have before you need to get the title. If it does happen to take them longer to get the title to you then you can always get your money beck because this is a breach of contract on their behalf. I personally do not think it is safe to bid on a vehicle unless there is a title there.

Remember that a rental is just the same as a used car. I personally think that a rental car is better taken care of than a private owned vehicle because they are cleaned and maintained after everyone uses them to keep them in good looking shape. I have never had a rental break down and the companies usually take the cars out of service after like two or three years.

All of the same rules will apply when it comes to buying a car from a rental car company. These cars are still used cars and are still used by many many people. However the used cars from rental companies usually will have a free limited warranty on them from the company. Auctions are more dangerous because that is where all of the flooded and rebuilt cars usually go.

A lot of auctions do a slim to nil car title check. The car auction then gives you nothing that guarantees that the title to the car is a clean title. Auto auctions will try to cut corners and do the bare minimum title check and most of them are not deep checks by far.

In my opinion, before you get the car I would suggest getting on-line and doing a title check no matter what the auction says. An auto check report is the only thing that you have to protect you from fraud. Remember all that the buyer is trying to do is make a buck and they do not care what they have to say or do to get that money and get rid of that car.

One way you can get a car at a whole sale auction is to know a private dealer and you could probably go with them as an assistant or you could possibly tell them what you are looking for before they go and then you could just buy the car from them.

No matter what, always make sure that what you get is going to be worth the money that you pay for it because you do not want to get something that is a piece of crap and end up paying way more for it than what it is worth.

Want to make sure you’re getting the entire truth at used car auctions? Wonder what you may be missing when you read car auction classifieds? Don’t get fooled!