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Top tips
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Page 69
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Buying from auctions
Simple rules apply here. Do your research. Decide on your budget. Stick to it. Auction houses offer a good range from the late year to the old and knackered. Thankfully little of the latter, but if it doesn't sound healthy then give it a miss.
If you are adamant auction is the way to go, check out as many auction sales as possible, try and follow the bidding, and see how competitive it gets. Pick a vehicle, pick its price and see how it holds up. CAP or Glass's Guide wil I give you an idea of its worth, but on the day buyers will dictate the price. Reserve price is worth remembering as in theory your bid may be the highest, but that doesn't mean it's met the preordained figure that the seller wants. A quality auc tioneer will tell you if reserve price has been exceeded during the bidding.
Here it's bought as seen. You can kick the tyres and hear the driver rev the guts ou of the driveline before it goes under the hammer. Eye contact with the auctioneer is preferable.
Bargains are available, but more experienced punters with more financial clout will be looking for them too. The V5 should be in attendance, and most won't have an MoT. If you are buying always take trade plates to get your purchase home.
Buying online through auctions This is new ground for auction houses. but you'll need to register before you get access. The process is simple and it allows you to bid competitively. It's only available through select sites, but could save you a round trip and a day's business.