Hello, Allpar Forums member or visitor! If you were a member, you would not see this ad!

Register or log in at the top right of the page...

  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Auto Auctions

Discussion in 'Off Topic But Still Civil' started by geraldg, Apr 19, 2017.

  1. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    I look around at auto auctions and cannot believe what some people are paying for cars. You could buy most for less on the open market.
     
  2. valiant67

    valiant67 Rich Corinthian Leather
    Level III Supporter

    Joined:
    Jan 7, 2003
    Messages:
    31,491
    Likes:
    10,565
    That's the beauty of an auction. Sometimes you get bargain, but auction fever can make people over pay.
     
  3. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    When I bid on a car I have a certain limit that I go to after that I walk away.
     
  4. valiant67

    valiant67 Rich Corinthian Leather
    Level III Supporter

    Joined:
    Jan 7, 2003
    Messages:
    31,491
    Likes:
    10,565
    Yep, that's the way to be a smart buyer.
    But the auction counts on people getting competitive at times, spending more than they would otherwise.
     
  5. Scrounge

    Scrounge Well-Known Member

    Joined:
    Apr 30, 2009
    Messages:
    1,492
    Likes:
    232
    Some people let emotions get the best of them at a live auction. The only time I bought a vehicle at an auction was through a state surplus silent bid auction more than 20 years ago. A prior inspection of the item(s) is allowed (and recommended). And my bid of $711 (plus fees, but still less than $750 total) for a 1986 Chevy C10 with a V6 was actually the second highest bid, but the high bidder failed to remit payment within the allotted time.
     
  6. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    Another thing is your bid a weird amount like 702 instead of 700. Some you can do this and some you cannot.
     
  7. Scrounge

    Scrounge Well-Known Member

    Joined:
    Apr 30, 2009
    Messages:
    1,492
    Likes:
    232
    In the Texas surplus silent auction, you can bid any amount that you think might win, but you're only allowed one bid. It has to be in writing, on the form provided, delivered to the GSA before the date and time the auction closes, by mail or in person. I found that going slightly over an exact round number won me more items, so I made it my practice.
     
  8. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    Sometimes I will bid someone up just to make sure they pay a good price for it. You can usually figure out who they are.
     
  9. Doug D

    Doug D Virginia Gentleman

    Joined:
    Aug 10, 2000
    Messages:
    12,084
    Likes:
    1,595
    To bid at the local auto auction here, you must have a dealer's license. It's a dealer only auction site.
     
  10. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    Where I live we have dealers only and public auctions.
     
  11. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    A couple of things the 2 things I do not bid on are Chevys and pickups , these people are crazy . Also people forget about the auction fees and taxes.
     
  12. Scrounge

    Scrounge Well-Known Member

    Joined:
    Apr 30, 2009
    Messages:
    1,492
    Likes:
    232
    I'd have preferred a Dodge truck, but there weren't that many, and those in good shape went for more than I was willing to spend. The ones at the Parks & Recreation Dept. were pretty beat up, and only fit for a junkyard.

    I avoid Fords and foreign makes. Make your case for new Fords if you'd like, but I only buy used, and the only 2 Fords I bought used were constantly breaking down. In my experience, Bowties have been more reliable, plus parts are easier to find when necessary. The C10 I bought lasted 8 years, and I sold it for $1000.
     
  13. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    Another thing is you always want your car to be at the end of the auction. A lot of people have either left or spent their money.
     
  14. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    Was in a couple of auctions this week and all the idiots where out, a few cars I was bidding on went for way to much money, could go on craigslist and find them cheaper with no fees ( where I live private sales are tax free )
     
  15. FreeLantz

    FreeLantz Well-Known Jeeper
    Level III Supporter

    Joined:
    Oct 25, 2003
    Messages:
    2,634
    Likes:
    861
    Generally speaking wholesale prices for used cars are beginning to drop slightly across the board. But they have been inflated in many cases, since "Cash for Clunkers" took so many cheaper cars out of the market, at the same time as new safety and emissions regulations have pushed new car prices higher. So if anything, they need to come down. It's a long-overdue correction.
     
  16. Christopher

    Christopher Socially Unacceptable
    Staff Member Level III Supporter

    Joined:
    Jul 8, 2002
    Messages:
    4,990
    Likes:
    643
    Looking forward to the drop. I'm selling my Stratus in a couple of months and will be looking for a replacement in the next 18 months or so.
     
  17. FreeLantz

    FreeLantz Well-Known Jeeper
    Level III Supporter

    Joined:
    Oct 25, 2003
    Messages:
    2,634
    Likes:
    861
  18. geraldg

    Ad-Free Member

    Joined:
    Nov 28, 2002
    Messages:
    3,825
    Likes:
    745
    Like I said in the past I will bid these idiots up and then drop it on them, if they are that stupid let them pay for it.
     
  19. FreeLantz

    FreeLantz Well-Known Jeeper
    Level III Supporter

    Joined:
    Oct 25, 2003
    Messages:
    2,634
    Likes:
    861
    So you're a jack [I should have my mouth washed out with soap for using such terms]. Good to know.
     

Share This Page

Loading...
Terms of use and privacy policy. We are not affiliated with FCA. We make no claims regarding validity or accuracy of information or advice. Custom material copyright © 2001-2017 Allpar LLC.