You could potentially save BIG money on your next car by buying at auction. But first you need to know how it works and what to look for. That's where our guide comes in
Most auction houses have websites that let you browse the current stock available. It’s a good idea to compile an early list of the cars you might be interested in bidding on, noting down any pertinent details, such as the car’s mileage and estimated value.
It’s worth remembering that if you do make a purchase, it’s up to you to make sure your new car has a valid MOT test certificate, as well as road tax and insurance. If you can’t arrange this in advance, you should pay to have the car delivered to you instead. You won’t be able to give them a thorough mechanical inspection, but the auction house will, at the very least, have done a basic history check on any car that’s put up for sale. This will show that it hasn’t been stolen, isn’t classified as an insurance write-off and doesn’t have any outstanding finance. Some auction houses offer a short-term insurance policy so buyers can take a quick test drive to check for faults.
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