Tuesday, February 3, 2009

How to Find The Right Online Car Auction

Online car auction websites are a great way of finding a bargain car while sitting comfortably in front your computer. It is amazing how many car deals are closed every day, again through online car auction venues. So if you are after your new vehicle, try it. Moreover online car auction sites are a great way to sell your car.

The first question on your mind is may be how to find a good online vehicle auction website. Well, just go to your favorite search engine and type online car auction. That should get you thousands of results. Be careful though which online vehicle auction you will be browsing or buying/selling your car at. Try to narrow your selection to a few sites that look professional, respectable and have a good testimonials record.

The next step will depend on your idea do you want to sell your vehicle or to look for a car.

If you are looking to sell you vehicle than check what the site has to offer how many photos of the car you can submit, what information is allowed to be submitted, what are the fees involved. There are sites that will offer you free advertising but will ask for a percentage of the selling price. Other online car auction sites will have certain advertising fees that might depend on the cars value or on the advertising period.

Another thing to consider is if you would like an online car auction company that will actually buy your vehicle and will market it later. This might bring you less profit than selling your car on your own but it will save you a lot of hassle. In fact once you sell them the car it is no longer your worry who or when will buy it.

If you are a vehicle buyer the rules are pretty much the same. Try to pick up a site that looks respectable enough. Than set a budget and find, the best car within your money frame. Once you have found a few cars, negotiate with the buyer. The fact that this is an online car auction venue does not mean that you have to agree on the first price asked.

With money matters handled it is best to see and testdrive the car before signing up the papers. If this is not possible, than ask for all information that you need to make sure you are really buying a good quality car. It is a good idea to perform a vehicle check as well. Just for additional piece of mind to make sure that there are no unpaid bills, insurance problems or the car being reported as stolen. The good news is that all these checks can be done online as well.

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