A Used Car from an Auto Auction the Pros and Cons of Buying

Are you in the market for a new used car? If you are, have you ever thought about attending an auto auction? Each year, a relatively large number of individuals walk away with a quality used car from an auto auction and now you may want to think about doing the same.

Although it is nice to know that many have had success with auto auctions in the past, you may be wondering whether attending an auto auction is worth your time. To determine whether or not one is, you may want to think about examining the pros and cons of buying a used car from an auto auction. A few auto auction pros and cons are briefly touched on below.

Perhaps, the biggest pro or plus side to buying a used car from an auto auction is the price. Auto auctions are well-known for their more than affordable prices. Depending on the auto auction that you attend, as well as the car that you choose to buy, you could walk away with a quality used car for as little as a thousands dollars! In all honesty, you never know what treasures or quality used cars you will find until you attend an auto auction. That is why it is advised that you at least attend a local auto auction, even if it is just to see what one is like.

Another one of the many pros or plus sides to buying a used car from an auto auction is the choices that you have. In terms of the used cars that you have to choose from, it is not uncommon for an auto auction to include as many as fifty used cars or more. Many of these used cars include different years, as well as different car makes and models. In keeping with the choices that you have, you also have a choice when it comes to choosing a used car auction to attend. If you live in or around a large city, such as Chicago, you may have more auto auctions to choose from. You could choose to attend an auto auction that gives you the opportunity to inspect each vehicle or you can choose one that does not have any admission fees.

Although there are a number of pros or plus sides to buying a used car from an auto auction, there are also a number of downsides as well. The good news, however, is that those downsides may not even apply to you. One of the downsides or cons to buying a used car from an auto auction is that not all auto auctions have an inspection session. An inspection session is when you are able closely examine or inspect all of the cars that will be auctioned off. You should never buy a used car without thoroughly examining it first. This downside to buying a used car from an auto auction may not even be an issue, as long as you choose to attend a used car auction that allows you to inspect all of their vehicles first and they are out there.

Another con or downside to buying a used car from an auto auction is the fact that you aren't really given any guarantees. Perhaps, that is why it is so important that you are able to inspect a used car before bidding on it at an auto auction. When you pay for and receive your used car, it is then yours and you are responsible for it, including all updates and repairs that may need to be made. It is difficult, if not virtually impossible, to find an auto auction house or company that offers warranties on their used vehicles. Of course, buying a used car is a risk anyways, as most used car dealerships, as well as owners outright selling their vehicles do not offer warranties either.

If you live in or around the Chicago area, you may want to examine North Shore Auto Auction. Their online website can be found at www.publicautoauctionnst.com. With regularly scheduled auto auctions, as well as information on those auctions, including the used cars that will be auctioned, North Shore Auto Auctions is known for being one of the best auto auctions in the area.

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How to find best online auctions deals?

If you're limited on cash but really need a vehicle, what are your options? Scouring the used car lots seems to turn up a lot of overpriced junk. You might find a pretty good deal, but when you take it home and it turns out to be a lemon, you're stuck with four years worth of car payments for a useless heap. So what is a person to do in this stagnant economy? One of the best ways to find great deals on used cars and more is by perusing online auctions. Online auctions provide a wide variety of products at prices that can't be beat. Look around at a few online auctions and see for yourself how low the prices are. Buying a relatively new used car is affordable for anyone, as long as they know how to find the right auction.

Online auctions aren't limited to automobiles, though. Perusing a few auctions shows you how many products are available. Are you a home recording enthusiast? You can beef up your home studio with microphones, digital audio workstations and top-of-the-line tube preamps for a fraction of the cost. Perhaps you have other hobbies that you want to invest in, but don't have the money to buy everything new. Whether you're a model train collector or a dog lover, online auctions have something that you'll be interested in for a relatively inexpensive price. Personally, I'm searching for a nice laptop computer so that I can work wherever I go, but I don't want to pay for a new one. Since discovering the beauty of online auctions, I've been able to buy a high-quality computer that works great. It's only two steps down from the current leader in processing speed, and it has a hard drive large enough to hold all of my business files, my entire music library and even a film or two. It's great, and I bought it for a quarter of its original price. Online auctions work similar to live auctions.

A minimum price has to be met, and a deadline is set for the auction to end. People bid on the item, outbid each other and the lucky winner gets the prize. If you fail to win the auction, don't despair. There are often multiple items on the same auction ticket. If not, keep checking the website to see when another auction is posted with the same item. In general, shipping and handling are pre-arranged and listed with the item. Sometimes, in the case of larger auctions, the item is pick-up only. For example, if you buy a piano in an auction, the shipping and handling would be very expensive, so you typically have to pick it up. Make sure that you understand the terms before you bid. Also, make sure that you know how payment is accepted, whether it's through an online service, COD or check. From watch collectors to shoe collectors, online auctions contain something for everyone. If you're on a tight budget or just like to shop around, online auctions can provide what you desire and save you money at the same time. Keep looking and happy bidding.

About the Author
Timsi Garg DOB : 05/Dec/1982 Qualification : BA So Much Obediently. Done BA from Arya College Hisar.