Sydney Car Auctions, How and Where to Buy a Used Car
>Buying at auction
Here are tips about bidding at Sydney car auctions. And some locations in Sydney where vehicles are sold at a public sale.
Attend a sale at those locations to find out what happens at an auction before locking yourself into a binding contract.
Because that's what you do.
There are not many ways out if the hammer falls on your offer.
Auctions are not for the faint-hearted, so be prepared.
You may get your car cheaper, but there are some risks, as all happens very quickly.
However, if you like a challenge or two, you might actually find the process enjoyable.
Here are Some Tips
- It's better to go to a couple of auctions just to watch and understand what happens, before taking the plunge and registering to participate.
- You can inspect the cars in advance, but cannot test drive them.
- Usually many cars don't have any warranty (which is bad) and don't have any financial encumbrance (which is good).
- If you want a low mileage, newer, quality car go to a government auction, where you can pick a vehicle used and maintained by a government agency. These cars are probably your best option. They are cars serviced only at authorised places. It is someone's job to manage a fleet so chances are these cars have a good service history. And some of them may still have factory warranty. Because they usually are rather new (2 - 3 year old models) and have low mileage - on average around 50,000 - 60,000 kms, some even less.
- Make a note of all the cars you inspected and liked and then go for your bids.
- Have a budget in mind. Search for information on used car prices before going to the auction.
- Everything happens very quickly at the auction. Take care not to wave your hands around or nod too much, as this can signal your intention to buy.
- At the speed at which the auctioneer talks and the cars roll in front of your eyes, it can be easy to miss the car you wanted or to over commit.
- If the hammer has fallen and you are the last and highest bidder, the vehicle is yours. There is no way back. Pay the money.
- If you like a car on the day you inspect it and fear you can lose it to someone else on the auction day, ask for its pre-auction price or make an offer. You could get it.
Sydney Car Auctions - Locations
If you decide to go to a car auction Sydney has a number of locations where you can view the range of vehicles on offer and take part in bidding.
Such public sales usually take place in Chullora, Guildford, Moorebank, Smithfield.
Search the internet to view the locations, days of the week and the time of the day when the auctions happen and the inspection time when you can go to see what is available.
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