What are car auctions?
Car auctions are places where the public, government, police, large companies and various other groups of people sell their cars on one day to the highest bidder.
Why do cars go to auction and Why should you consider buying cars at auction?
Purchasing a car from an auction gives you the best opportunity to save lots of cash and give a lift to a real bargain. Many of the sellers of the cars are anxious to offload them and will expect to take a much smaller amount of cash in return for getting rid of the cars. This is not because the cars are damaged or defective (although you must check the car carefully before you buy) but most of the cars are ex-government vehicles or ex-police vehicles. Police and government have taken decent maintenance with these vehicles and that they have been serviced regularly, but after every 3 years the police and government buy a new fleet of vehicles which means that they require to selling the old vehicles as soon as possible to make space and get in some money for the old fleet.
How to buy cars at auction?
How can you find out the previous service or maintenance history of a Vehicle?
The Service history is often overlooked by prospective buyers. Using our tool to lookup the service history, you can find out if the vehicle was well kept and taken care off or not. A vehicle that had regular service over the years will cost you less in service and maintenance. Also, the parts replacement cost will be low for a vehicle that had timely service in the past. The engine performance and longevity can be preserved through proper servicing and maintenance. Using our vehicle service history by VIN, you can learn about the services completed on time and can evaluate the health and performance of the car. Our VIN tool uses latest reports from auctions, dealerships, and garages to provide correct and up-to-date information.
How to verify loan or liens?
Conducting a loan and lien check is vital for a vehicle as it can influence the worth of the vehicle. If a lien check is carried out on time then a better deal could be negotiated. Also, a vehicle with a loan and lien history will need clearance of all dues before title transfer to the owner. The ownership can be gained but the title will remain with the lender party until all unpaid dues are cleared. It is highly recommended to verify the previous owner has cleared all liens on a vehicle before purchasing to avoid potential issues that can arise in the future should the lender not get paid and tow the vehicle.
How to check if any vehicle has been in an Auction?
Using our VIN decoder tool will allow one to preview all the details of previous auctions including photos of the vehicle. We are the only vehicle history report providers that present auction data and photos as part of our verified history reports. The Carfax report service does not include auction history data and photos. Carfax reports do not show photos and cost 60% more than our vehicle history reports. You can also learn the true price paid for the vehicle in auction when dealing with third party or brokers. Simply enter the VIN number to check that vehicle has any previous auction details or not.