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Tips on Selling Your Car at an Auto Auction



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By : Roger Bryan    29 or more times read
Submitted 2008-07-19 00:00:00
Selling your car at an auto auction has its own set of challenges that sets it apart from simply trading in the car or selling it to a private buyer. Below are some tips that can help you have a hassle-free car selling experience.

1. Be honest with your car’s condition. Of course you want to get the most out of the sale of your car. However, with every ding and scratch and issue on your car comes a depreciation of its value. It is therefore a challenge for you to be as honest as you possibly can with regards to the condition of your vehicle. Once you become dishonest and the winning bidder finds out about it later on, then you should brace yourself for a lot of trouble, legal or otherwise.

2. Although your car has some issues, it doesn’t mean that you no longer have to make it more beautiful or functional at least. If there are busted bulbs, replace them. If the tires are already bald, have them replaced. Have your car waxed before the auction. They may seem to be additional expenses on your part, but they are actually investments that can help you sell your vehicle for a more competitive price.

3. Save your buyer’s time by having important information about the car at hand. First on the list should be the car’s title. Having the car’s title will make it easier for the sale to go through. You do not inconvenience the winning bidder and he no longer has to bother you. Also, it would be a good measure to prepare a copy of your vehicle’s history report. Buyers will appreciate this because they no longer have to look it up for themselves.

4. Aside from protecting consumers, you should also protect yourself from fraudulent buyers. Always check if the mode of payment that they’re choosing indeed has the funds to pay for your car. That goes with checks of various kinds. The good thing is that auction houses have means of protecting themselves and the sellers from unscrupulous bidders. As a rule of thumb, a cash sale is always better than other modes of payment because it’s quick and hassle-free.
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