You need to have enough money in your account to cover the check you will probably write. Watch it because some auctions like to see a bank draft instead and you should be prepared for this ahead of time.
Check the title and make sure the title indicator is in the green or legally clear to transfer. If you bought a car and find out it has a title that is really in the red, you can take legal recourse and get them to fix the problem or get your money back!
I always like to get to the auction as early as possible so I can look at the cars and trucks up close and inspect them before I consider bidding on them. You have to watch out for yourself and use your smarts. I would recommend that you have a mechanic friend come along with you to help find a car or truck that is in good running order.
Always make sure the contract shows how many days before you get the title. Now if it takes longer than stated that is a breach of contract. I surely would not bid on a car that did not have a title anyway. If they would expect all the money, you should expect your title, right?
Don't forget that to buy a vehicle at a car and truck auction you have to pay what's called a Buyer's Premium which could bring your cost over the assessed market value. It's good to know ahead of time just how much that premium is so you know how much under the market price your auto really is after the transaction is done.
Don't get all caught up in what's called a "bidding war" where you no longer care about how much you are saving, but instead just want to outbid the other guy! You have wasted all your time and effort if you do this! Besides sometimes these auctions have secret "plants" that are there to bid and drive the price up for their own profit.
I would suggest that a new buyer invest in an auction club membership to reap the many advantages offered by these groups. You will have so much more information that is vital to making a great purchase. Some offer special privileges like getting to see the automobiles days before anyone else, offering a more in-depth disclosure on the title, condition, and maintenance up keep and a listing of where, when and how to find the very best auctions!
Most of these clubs actually have instruction and advice before you ever go to that first auction. It's just smart to be as prepared as possible and ready for a new experience!
Paul has found a great way to get the inside advantages and vital information you will need before you go to bid at these Government car and truck auctions here at:> http://www.pennies2dollars.us