Bag a bargain at British Car Auctions
As we head into the summer months, many younger people preparing for student life or new careers will be looking for their first car. With so much pressure on finances, they will be looking for the best possible deal and leading car auction company, British Car Auctions (BCA), is urging them to try a car auction.
“Buying a car at auction is a great place to find a bargain, especially for first time car buyers” said Tim Naylor. “And with a little preparation and research, buying a car at auction doesn’t have to be an intimidating experience. We advise first-time buyers to take a more experienced person along with them and the key is to do their research to get an idea of what sort of vehicle they need and the price they should expect to pay. Then they should set a budget and stick to it.
“The vast majority of BCA’s sales are open to all-comers and buyers can head online to browse on our website ahead of going to a sale. All they need to do is register online to view sale catalogues and vehicle descriptions and images in the stock locator, all completely free. Then with a bit of wise advice, they can head to the auction to make the most of their budget.”
BCA recommends first-timers attend an auction two or three times before taking the plunge, so they know what to expect when they start bidding. The early bird catches the worm and this is definitely true of auctions. Buyers should arrive early so they can wander through the viewing area and see everything that’s on offer.
BCA’s Top Tips for First-time Buyers
Don’t buy on your first visit – sample the atmosphere and get used to the pace.
Do your homework – know what you want before you go to an auction and have an idea what the car you are after is worth.
Terms and conditions – each auction house has its own terms and conditions explaining how you can buy, what the fees are, etc. Familiarise yourself with these so that you don’t get surprised later on.
Don’t rush – arrive early and take time to examine the vehicle that interests you.
Do ask questions – ask auction staff, they will be happy to help.
Check the car – it’s up to you to check the car’s condition, so examine it prior to entering the auction hall. And listen to the engine running as it is driven into the auction hall.
Budget – set a limit and stick to it. And save some funds for a post-sale service and any minor repairs that might be needed.
Be flexible – if you miss your first choice, don’t give up and don’t throw the budget out the window just because you like thecolour of the car you’re bidding on!
Auctioneer’s description – this is legally binding, so listen carefully. The terms and conditions will explain all the terminology used.
Bid clearly – don’t wink or tap your nose, simply raise your hand.
Armed with a little knowledge, auction buyers can get a great deal” continues Tim Naylor. “Our comprehensive website offers buyers valuable information at the click of a button, allowing them to get an idea of the available stock before they even leave home. Then once at the auction, our expert staff are always happy to help and answer any questions. It’s a great way to make the most of a limited budget.”