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Top 5 Smart Pointers to Landing a Smart Deal at an Auto Auction Lake Oswego

5 Tips to get a great deal at an auto auction

auto auction lake oswego

If you are looking to buy a car at a cheaper price then you’d better consider an auto auction. This is the one place that you can land an ‘out of this world good’ bargain. However, you should know that chances of ending up with the vehicle that you have your eye on are 50/50. This is because there are other people eyeing it as well. Your tactic and determination will greatly determine your success. Although your luck may be hidden within an auction ground, you should also know that you may end up with a piece of junk that’s not even worth your effort. Here’s how to play smart at an auto auction Lake Oswego.

1. Be Smart & Honest with Yourself

Believing in yourself is highly encouraged but it is best that you be realistic in this game. If you do not have the finances, tools, time and skill to repair and maintain the vehicle in question then you’d better not pay much mind to it. If you are looking for a cheap way to move around then you’d better steer clear of a vehicle that requires a lot of repairs and expensive maintenance.

2. Quick Judgement

Purchasing a vehicle in an auction is usually faster than buying one at a dealership shop. This means that you will have a short amount of time to make your decision. Remember, other people will also be eying the same vehicle. In this case, it is advisable that you make quick observations and judgments that will facilitate a quick yet smart decision. Look at the minor giveaways of the condition of the car; paint overspray, puddles underneath the vehicle, scored brake discs, uneven sheet metal, and so many other tiny details. Use your sense of smell and touch as well. If the car smells musty from wet carpet, walk away.

3. Trust Your Instincts

The sole idea of auctions is to sell all the items available. This means that most things said are simply to entice you hence not true so trust your instincts. However, do not be too pessimistic. The obvious coat of paint at the front could be because of a minor bump from parking. You may not find the right car, and if that’s the case you should do a little work to vet the car auction.

4. Look for the VIN

On the windshield of the vehicle that you are interested in, jot down the VIN. Proceed to other places where the VIN may be present such as the trunk lid stickers and door. If you notice that the numbers are different, the car may have been in a terrible road accident and rebuilt for sale. Such a vehicle shouldn’t be your top option.

5. Compare the Prices

Most importantly, you should perform your own prior research of the price of the car that you have your eye on. The auction price should be cheaper hence the essence of your presence there in the first place. Checking something like car facts can keep you from buying a previously junked car.

Buying from an auction may land you a once in a lifetime deal, only if you are smart enough. It is best that you familiarize yourself with the terminologies used in auctions. You will notice the word “as is” is sometimes used in the sale of cars. This means that the car is being sold as it is; no warranties, no guarantees, and no legal recourse. Most importantly, learn when to walk away. Do not get carried away in the bidding. It the price surpasses your budget, let it go.