What to Expect

September 4th 2017

A show room full of classic cars

Car auctions provide used car buyers with an alternative to dealerships and private sellers. Vehicle auctions are worth considering for the average buyer looking to get a great deal. As a prospective buyer, you can reflect on both sides of the divide to know what to expect when thinking of purchasing through an auction centre.

The Pricing

Car auctions online or tradition in-person car auctions are widely chosen by people because of the savings. It offers an option for one to purchase a vehicle much below the market value. This form of deal has proven to be much cheaper that getting a car from a private seller or a licensed dealer. Therefore, going through vehicle auctions could save you up to 60% off the standard price from a motor dealer. Not all vehicles that are sold under auction are registered or have a current roadworthy certificate. This is something you will need to look at as you do your selection.

Variety

Car auctions offer you a wide range of options of vehicles to choose from including former fleet, trade in, consignment or government vehicles. Therefore, there is a good chance that you will find a car that meets your specific needs from a car auction near you. Depending on the age and kilometres travelled, you may find the vehicle is covered by warranty.

Vehicles May Be Unregistered

Not all vehicles that are sold under auction are registered or have a current roadworthy certificate. This is something you will need to look at as you do your selection. For vehicles that do not have current registration, or insurance it may not be safe to drive them home. Depending on the type of buyer, private or dealer, can alter weather the vehicle is sold with rego / road worthy certificate or without. You will have to organise for a car trailer or auto carrier to collect the vehicle after purchase.

Stolen, Written Off, and Finance Owing

Auction houses will do their best to ensure that any major issues or accident history has been made aware on the vehicles being sold. However, there may be minor previous events that they are unaware of that don’t affect the overall condition of the vehicle being auctioned . Vehicles that have been heavily damaged (written off) will be disclosed prior to bidding taking place. Upon purchase each vehicle will be provided with a current PPSR / Revs certificate, to assure the vehicle is not stolen, written off or finance owning to the purchaser.

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