How To Buy Cheap Cars At Auctions (2024)

: Use the Kelley Blue Book or Edmunds to find the trade-in and private-party values of your target model so you don't overbid. How to Buy Cars at Auction | CARFAX

: Your "out-the-door" price must include the winning bid, buyer’s fees (which can be hundreds of dollars), state sales tax, immediate repairs, and transportation. how to buy cheap cars at auctions

: Public auctions (repossessions, seizures) are open to everyone, while dealer auctions often require a licensed broker to access. Government surplus auctions are often reliable sources for well-maintained fleet vehicles. : Use the Kelley Blue Book or Edmunds

: Use the 17-digit VIN to run reports from Carfax or AutoCheck to reveal accidents, flood damage, or title issues like "salvage" or "rebuilt". Government surplus auctions are often reliable sources for

Buying cheap cars at auctions requires a rigorous, non-emotional approach to avoid "buying a lemon". Most auction vehicles are sold meaning there is no warranty or return policy. 1. Research and Preparation