When shopping around for used cars, it’s a good idea to do some research first. Being armed with knowledge of trade-in values will no doubt help you secure the best price. This is true when shopping at dealerships, as well as going to public car auctions.
Of the two, public auctions are your best bet for finding really great deals. That’s because you will pay wholesale prices, not marked-up prices. These auctions are where dealers get their inventory, so you can completely cut out the middle man and save thousands.
Using Kelly Blue Book, as well as Edmunds.com and NADAguides will give you an average trade-in target price to beat. When the bidding begins, you know exactly how much room you have. Doing it this way, and being patient, you’re sure to get the vehicle you want at way below even wholesale prices.
How do you find a public car auction near your town or city?
The quickest and easiest way to find an auction is to use an auction database. Just plug in the make you want and your zip code and gain instant access to all auction houses in your area with full contact information.
There are quite a few databases online, but not all were created equal. Based on user experience there are a few sites worth checking out:
Car-Auctions.com is a WYSIWYG (What You See Is What You Get) site. For $29.99 you get unlimited access to their database of car auctions without a whole lot of other bells and whistles.
Seize Cars.com is another good database. For a one-time fee of $49, you get unlimited access to all car and truck auctions, as well as auctions for boats and houses and electronics, etc. So, if you want to buy a car AND a family boat, this is a good choice.
Gov-Auctions.org was named America’s most trusted and largest resource for Government and police auctions. They also charge $49 for unlimited access to car auctions, as well as boats, homes, electronics auctions, etc. But they offer some things the others don’t.
For one, they have real 24/7 customer support. If you have a question – a real human being gets back to you with an answer. Pretty rare nowadays.
They also have a free auction tutorial which is not offered anywhere else. If you’re new to auctions, this tutorial will explain, step-by-step, how to get the car you want for the price you want.
Gov-Auctions.org also has a free car loan service where you can receive instant car loan offers with the best rates on the market, without any of the usual hassles. A definite time-saver.
"I didn't think it was possible to buy a reliable car for under $500. WOW! I own my car for the same price as other people's monthly payment" - Cliff S.
"I am now buying my company trucks from my local auctions. I didn't find my first truck at my first auction, but I kept going and found a deal" - Trent A.