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3 Responses to “What do we need to buy damaged, wrecked or used cars during an auction?”

1. johnnienonex says:

   August 25, 2010 at 5:31 am

   Depending on the auction. Some auctions will only sale to dealers with a license because they are selling cars without warranties. Some auctions will sell to public with out any implied warranty.. Also your state laws will vary from state to state. You need to give out more info. Some states WILL make you get a dealer tag after selling so many cars a year. Some states it doesn’t take many to have them come after you. Most wrecked auction cars will also have salvage titles and you will have some type of inspection to get a r or a title to drive it on the street again. Start with an auction where they sale to the public. then see if it is all worth it to you. then maybe get a dealer tag. With a dealer tag, the chance to make money will increase a lot
2. BMWSGOD says:

   August 25, 2010 at 6:15 am

   To bad your not looking into getting a dealers license. The dealers get all the good cars even the government public auction cars get sucked up before they ever get to the block.. Dealers know the cars to buy and the cars to keep away from and not touch with the ten foot pole. I had a dealers license years ago and only the cream of the crop was there, cars that need work and have slight body damage can be cream of the crop because the overall reputation of that year and model is so great the work is completely worth it. I went to a public auction with a determined girlfriend even after I tried till I was blue in the face no good cars were there. Naturally every car she liked was clean and shiny and ran great. But each car she looked at I showed her why it was a junker. Some cars I actually had to go online to show her why it was not a good car to buy.

   If your heck bent on buying one the basics beyond looks and how it drives are pulling the dip sticks if they have one and looking and smelling the fluids. Look at the underside of the oil filler cap and radiator cap. Everything better look right. Things like tires you look at the wear of the tires not the tread depth. Open the doors and close them a bunch of times listening for noise. A lot of times people forget to look at the head liners and trunk. The trunk can tell you a lot about the car. If its moldy or shows signs of wetness this is a good sign the prior owner only did necessary repairs and over looked the small things. Color mismatches are naturally signs of possible prior dents or major collision. Sure it could be just from a scratch but never take the risk previous damaged cars are always a nightmare.
3. CarmelKM says:

   August 25, 2010 at 7:11 am

   All you really need is your ID/Driver’s License and some money. Some auctions will take a cashier’s check as a deposit and allow you to pay the balance within the next few days.