Step 1: Research
The Buyz123 guide
Read how this guide can assist your decision-making and ensure that you consider all your options before making a choice.
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What is available on the market?
Research the various types of cars that are available at auction and what features you need to know about before you decide.
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- Auction types - Wholesale, public, government, online
- Car types - Sports, family or compact sedan, utilities
- Inspection - May be restricted by some venues
- Payment - Be wary of the buyer's premium
Is it suited to me?
Ask yourself these key questions to make sure that your auctioned car is the right choice for you.
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- Do I have any experience or confidence with car auctions?
- What repair and replacement work am I willing to take on?
- Can I spot a lemon?
- How much am I willing to pay? - Stick to it!
> Research Links
> Video Links
Step 1: Evaluation
Once you know what's available - it's time to narrow down the options
Look at how well each particular auctioned car meets your particular needs and eliminate the ones that don't suit you.
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- Bring along a friend with knowledge of cars and auctions
- Set a top price before you go to the auction
- Compare prices to vehicles sold elsewhere
- What additional accessories are included?
My features list
Use this list to get a quick and effective overview of the auctioned car and to ensure that it has all the features that are most important to you.
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Comparing auctioned cars to one another
Consider these questions to help you make that final choice.
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- Which car is the best value for money?
- Which looked the best, mechanically and cosmetically?
- Which car suits my needs the best?
- Which do I like the best?
> Evaluation Links
Step 1: Purchase
I want to buy it - but how?
The different ways you can buy a car at auction and the pros and cons of each method.
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- Wholesale, public, government, online auction
- Choosing an auction house
- Ordering and delivery - return policies, guarantees
> Purchase Links