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3 Different Ways To Bid At A Used Car Auction

Friday, September 20th, 2019
car auction buying tips

Car auctions provide a great way to get a good deal on a used car. There are many ways you can bid at one of these events too, whether you can attend in person or not.

Bidding in person

Many people prefer to attend car auctions in-person, even with the benefits of bidding at online auctions. This is because you can inspect the vehicle, instead of just looking at specifications and images on the computer or phone. You can also see your fellow bidders in person and get an idea of the competition.

Bidding before the auction

If you can’t go to a used car auction in person and cannot bid online, you may be able to set a maximum bid beforehand. Some auction houses allow bidders to give them an amount before a car auction and keep a record of the bids. This way, you can be a part of the auction without actually being there. If you choose this bidding option, make sure you will get the auction at the asking price, even if it is lower than your maximum bid.

Bidding online

Not every car auction has the option to place bids online and not every online auction is based on an in-person auction. If online bidding is an option for you in any auction, it offers a convenient way to participate without being there. Another benefit is that you can concentrate more on what you want, whether than the excitement of a live auction.

Bidding tips to use at auction

It is important to know what types of bidding you can use, but there are other things you should keep in mind. First, you need to be aware of what you are bidding on. This means doing research and an inspection beforehand, if possible. Next, you should make a budget before bidding. Sticking to the budget can be easier in some situations, like bidding before or online. Finally, understand the rules and processes for the auction.

Used vehicle auctions in Texas

Whether you are looking for a car for yourself or trucks for your business, visit High Plains Auctioneers. We hold many auctions throughout the year including used car and farm auctions. Give us a call at (806) 244-6776 or Contact Us by email to learn more. You can also check out our Upcoming Auctions to see what we will have available.