How to Buy & Sell › Buying at Auction

Auction Buying Hints and Tips

When visiting an auction and particularly when bidding, it is vital for private buyers to keep a low profile. Noisy family groups carrying 'Parkers Guide' or the 'What Car Price Guide' are a dead giveaway. So don't wave your newsagent price guide around. Look up prices on the sly, and keep the guide hidden when bidding.
Give the cars you're interested in a good once-over in the auction marshalling yard. Look for obvious signs of a repaint (spray dust, over-bright paint, rubbing compound, tide marks under rubber trim strips). Check for matching shut-lines, especially between the bonnet and wings and front wings and doors. Crouch down in front of the car and look along the sides for ripples. Check the condition of the tyres for uneven wear. (And if it's a Renault, Citroen or Peugeot, feel under the back to make sure it still has a spare wheel.)

When they come to start it up, look for excessive smoke from the exhaust, and ask the yard boy how much clutch it has left. As it moves into a different light, you may spot faults you missed before. But don't be 'all over' the car as it drives into the auction hall or your interest in it will be noticed.

Find a spot where the auctioneer can see you very clearly, but where most rival bidders can't. Let the bidding start, and wait until it slows down or shifts from £100s to £50s or £25s before making your bid. Do this by waving your catalogue sharply to catch the auctioneer's eye. Then, once he knows you are in the bidding, a simple nod will suffice for each increment. If you want to get out, shake your head as soon as he looks at you for a next bid. The more you appear like a trader from out of the area, the less chance you have of being 'run up' next time you get into the bidding.

Bidding at auction for the first time can be both nerve-wracking and addictively exciting. Remember, though, you're there to buy a car as cheaply as possible, not to get high on the adrenaline rush.
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