Car auctions are a place where you can get a good car for less than what you would pay at your local car dealership.
But, you can easily end up paying more than what a car is worth if you're not careful.
The good news is that there are simple steps you can take to ensure that you save a huge amount of money at the next auto auction you attend.
The first mistake that many people make when attending an auto auction is not knowing the car's worth.
If you don't know the value of the vehicle you're bidding on it's very easy to get caught up in a bidding way and end up over paying.
So, always make sure that you bring a Kelly's Blue Book with you to every auto auction you attend and make sure you know how to use it.
It is also ideal to use the car's trade-in value as your target price.
Anything significantly over that price is something that you should pass on, as there are plenty of other cars for you to bid on.
Another mistake people make is not fully inspecting the vehicle before bidding on it.
Which is a mistake that can cost you hundred or even thousands of dollars.
So, it is best to bring a mechanic with you to check the car's engine, transmission, electrical system, etc.
which can all be costly to repair.
Also make sure that all of the vin number on the car match because non-matching vin numbers can be an indication of a stolen vehicle or one that was in a food or fire.
Neither of which you would want to purchase.
So, it is possible for you to save a ton of money at the next car auction you attend.
That is if you know the car's worth and give it a through inspection.
After that you're well on your way to getting a great car at an excellent price.