Archive for the ‘car auctions’ Category

Points to Consider at American Classic Car Auctions

Friday, April 17th, 2009

There are many classic car auctions around our nation.  Some are every week and some are once a year events.  These can be tricky events if you are not prepared. There is time before each auction to inspect all of the cars. Make a complete inspection of all the cars you may want to bid on.

If you are the type of person that gets tunnel vision, then maybe you should avoid the auctions or have a friend accompany you.  It is best to find at least three cars, if not more that you are interested in.  Inspect each one and take notes. Test every component you can.  Turn on every accessory just to make sure it works. Look at each light and ensure that they are all one.  If possible stick a rod on the engine and listen for noise.  Remember a deep thump is a main bearing while a light tap is in the valve train.

Before going to the auction see if you can find the same type of car you are looking for and ask the owner if you can inspect it.  This will help give you a better idea of what to look for, especially the engine noises. If you do not know what noises to listen for in the engine then listening to one at the auction is meaningless. Be prepared.

As the cars you have looked at go past make sure you stick to your limit.  There are times an outside bidder will want it no matter what.  If you get stuck in one of those bidding wars, it will cost you dearly.  Every once in a while the bidding wars are a plant by a shill to increase the price. Never look too eager and always act as if the car is just a car.  This is the hardest thing to do. But at a classic car auction it is a must, if you can.

There are millions of used cars being sold every single day and at these American classic car auctions if you miss this one dream of a lifetime, just remember there is another one right around the corner that will get your juices flowing.  Never go over your bid limit no matter how cute the auctioneer tries to be when coaxing out just one more bid increment.  Remember the auctioneer could give a crap about the car.  He just wants a little more commission money.

Some Differences in a Modern Car Auction and a Classic Car Auction

Monday, February 2nd, 2009

There are some differences in a modern car auction and a Classic Car Auction.  Most car auctions are not specific to any make or model of the cars that they will offer. These cars come from overstocked lots or from fleet vehicles that are being sold from a business or the government. You will want to arm yourself with any of the current Classic Car Trader publications that are available to be prepared to spot a real bargain.

There are specialized car auctions that will devote itself to one make of car and there are a few that devote the entire auction to make and model, as well as for Classic American Cars. The buyer needs to know exactly what they want to buy before attempting to participate.

The more determined a buyer is to find a specific make or model will dictate which car auction they need to attend and when. There is a Classic American Car auction out there for the discerning buyer, but it takes time and effort to find the right one.

The most popular car auction is the traditional lot type auction. Here there are no constraints of the types of vehicles that you buy and sell. The cars are showcased in a lot outside the auction house for about an hour or two before the auction starts. Here the buyer can walk through rows of cars to find the car that will fit both the buyers taste and finances. The auction is open to all buyers though car dealers represent the majority of the crowd. The action is fast and furious and the novice car buyer may be lost in the confusion of the rapid fashion in which the auctioneer presents the bids. The traditional car auction may diversify into other vehicles such as boats, tractors, or motorcycles.

Another narrower type of car auction is the make car auction. Here only a specified makes of vehicles we be offered. The cars usually come from a franchised lot. The cars are often new or slightly pre-owned and are being sold to make room for the New Year’s inventory. This car auction is populated mostly by car dealers with a high spending power and years of experience in the profession. Some of the make car auctions are only offered to other dealers that sell that make of car. Before attending this type of car auction make sure that you are authorized to attend.

A more focused car auction is a large lot auction that specifies in the specific make and model of the automobile. For example, a car auction might only present Ford Mustangs for sale. This would draw car enthusiasts and body shops to the auction instead of the plethora of car dealers. The car enthusiast crowd would probably be more financially secure than a novice buyer and no specifically what to look for in a Mustang. With such as centered audience, the bidding could get very high, very fast.

The pre-viewing times in the lot will probably be a little longer than the traditional car auctions. This will allow the experts to go over the cars and find the best value for their money. The description of the vehicle by the auctioneer may be more detailed to get a higher interest in the vehicle and thus raise the price.

Generally speaking you can follow all of the above information for an American Classic Car Sale, as well as current or recent year makes and models.  The information about the auctions is relatively the same.  Don’t forget to take your Classic Car Trader list of Classic Car Values with you.


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