Sunday, 7 November 2010

The Car Auction Buyer

Whilst researching other sites for this blog, I've come across a number of sites offering an Auction Buyer service.
The basic idea of this is to take the risk out of the car auction for the private buyer, in return for a fee.
On the face of it, this seems like a very worthwhile idea. Think of it as an insurance policy against buying a wrong'un at auction! You get the benefit of somebody with decades of experience in the motor trade, who has bought and sold thousands of cars at auction, and who buys at all the major car auctions.
In addition to screening the cars, and doing the work for you, it would also eliminate the risk of getting carried away and bidding over your budget.
Another benefit is that the professional buyer's fees would be less than a private buyer's, so although you are paying for a service, you would have paid a proportion of this anyway in indemnities.
It would appear that some will accompany you to the auction (so you still get the experience!), while others just go on your behalf. Either way, this service could be a viable option for safely sourcing a vehicle at a used car auction.

Please note, I have no direct experience of these services, so I am not in a position to recommend them. I would suggest that if you are considering using them, to do your own research, check their fees, and any terms and conditions carefully.
Personally, I would be very wary of buying cars at auction for private customers, so I would expect them to require decent fees, probably deposits, and terms that ensured the customer was committed to buying the vehicle.

From the research I have done, however, I have seen several testimonials for this company:
Again, do your research, and go ahead if you feel comfortable. Please feel free to leave any comments about your own experiences.

1 comment:

  1. Just to let you know that auctioncarbuyer has now retired. The one other highly recommended service is
    This has been going for 33 years and is probably the leading Auction Buyers in the UK and Ireland. Thanks


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