{"id":1007273,"date":"2017-09-11T21:02:30","date_gmt":"2017-09-12T04:02:30","guid":{"rendered":"https:\/\/calauctions.com\/?p=1007273"},"modified":"2017-09-11T21:02:30","modified_gmt":"2017-09-12T04:02:30","slug":"buying-car-auction-pros-cons","status":"publish","type":"post","link":"https:\/\/calauctions.com\/auction\/buying-car-auction-pros-cons\/","title":{"rendered":"Buying a Car at Auction: Pros and Cons"},"content":{"rendered":"

\"Pros<\/p>\n

Buying a car at auction could be one of the smartest purchases you make. Sure, it\u2019s nice to have a brand new car, but why not get a good deal and pocket or invest some of that money you save?<\/p>\n

Cars can go to auction for a number of reasons including: being impounded by the police or government, repossession by the bank, surplus by a car dealership, bankruptcy, estate liquidation, etc.<\/p>\n

In this article we\u2019re going to outline some of the pros and cons of purchasing your next car via online or live auction.<\/p>\n

Pros of Buying a Car at Auction<\/h2>\n

Buy a car way below market price<\/b> – Not everyone has the time or patience to deal with car auctions, so there are many opportunities to buy a car at a great price. And if the auction\u2019s starting bid is 1 cent with no reserve (like our online auctions<\/a>), the chances of getting a good deal are much higher. Even with the buyer\u2019s premium, tax, and shipping fee (if you\u2019re an out of town buyer), oftentimes you can still get a car for cheap.<\/p>\n

Don\u2019t have to deal with pushy salespeople<\/b> – I don\u2019t know about you, but I like to shop for a car without a chatty salesperson who works on commission in my ear asking a bunch of questions. (No offense, if you\u2019re a car salesperson!)<\/p>\n

In a previous post about getting the best car deals at online auction<\/a>, we talk about other advantages including bidding in the comfort of your own home (if it\u2019s an online auction) and less competition.<\/p>\n

Cons of Buying a Car at Auction<\/h2>\n

Purchasing the car in \u201cAs Is\u201d condition – It helps to bring someone who is car savvy with you on inspection day to assess the condition of the car.<\/p>\n

Requires more research<\/b> – If the auction company doesn\u2019t know the history of the car or doesn’t provide a Carfax report, you will need to get this information on your own. You should also be aware if the car has a clean or salvage title.<\/p>\n

You may be responsible for smog and past due registration fees (if any)<\/b> – If it\u2019s not stated in the description, ask the auction company if you are responsible for getting the car smogged and\/or paying for past due registration fees.<\/p>\n

If you\u2019re currently in the market for a car, check out our current estate vehicles auction<\/a> closing on October 2nd with quite a few cars including classic cars, a Corvette, several Cadillacs, a boat, trailers, and much more.<\/p>\n","protected":false},"excerpt":{"rendered":"

Buying a car at auction could be one of the smartest purchases you make. Sure, it\u2019s nice to have a brand new car, but why not get a good deal and pocket or invest some of that money you save? Cars can go to auction for a number of reasons including: being impounded by the […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[66],"tags":[98],"class_list":["post-1007273","post","type-post","status-publish","format-standard","hentry","category-online-auction-tips","tag-car-auctions"],"yoast_head":"\nBuying a Car at Auction: Pros and Cons - Cal Auctions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/calauctions.com\/auction\/buying-car-auction-pros-cons\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buying a Car at Auction: Pros and Cons - Cal Auctions\" \/>\n<meta property=\"og:description\" content=\"Buying a car at auction could be one of the smartest purchases you make. Sure, it\u2019s nice to have a brand new car, but why not get a good deal and pocket or invest some of that money you save? 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