Auction car buying in South Africa can cut the price-tag of a used, repossessed car by 30%. A South African car auction buying crowd will feature many a dogged dealer, looking for stock to liven up their showrooms. They know public sales mean paying a lower price, and they know they can dolly up the car and sell it for a lot more!
While South African car auction stock consists mostly of salvaged or used repossessed cars, many private sellers also make use of this opportunity to save themselves the risk and hassle of selling the vehicle privately. From government car sales to repo car auction events offer unique buying opportunities.
The most important fact to check when considering this route, is to make sure that the company you wish to support belongs to an organisation such as the South African Institute of Auctioneers, that will offer you some protection and support in case of a serious mishap.
It is apparent that the quality of the vehicles on offer can differ significantly, from those well-taken care of, to the never-mind mindset of some owners. It is also difficult to be sure that you are buying a second hand car with an accident-free history. A low odometer reading is one of the features to look for at a repo car auction.
Back-To-School For South African Auction Car Buying
If you want to excel at public sales in South Africa, you have to do your homework beforehand. To avoid making an emotional decision, you have to make up your mind about the make and model you want to buy, look around to get an idea of a fair price, and never go beyond that once the bidding starts. Once you have been to a few venues, you will get a feel for the process and be more confident when it comes to the actual buying.
Always keep the peripheral costs in mind when deciding on the amount you are willing to pay. Licensing and registration costs, repairs and reconditioning costs, and VAT all add up. Make provision for your car insurance quote as well. Make sure you can afford the total package involved. Scrutinize the service book carefully. A lot can be learned about the history and care of the car from this source. It is possible to test-drive these vehicles, and you can arrange for someone with knowledge to look the car over. Just remember that this has to be done before the action starts.
You will need to pay a refundable deposit and if you are serious about buying, it saves a lot of trouble if you can arrange for financing beforehand. Don't be bashful when it comes to the bidding. Speak clearly to make sure that you are heard, use gestures wisely and indicate if you are out of the bidding at any stage.
Aucor Auctioneers And South African Auction Car Buying Escapades
A company such as Aucor Auctioneers offers a wide selection of vehicles at its venues, and you can be sure that almost all of them will be priced below market value. If you are in the car rebuilding business, taking this route can be useful. Aucor often offer from Ferrari's to Chevrolet Corvettes in the same public sale. Small car models, such as the Mini Cooper, can be very popular. Recently Aucor had highly successful bidding on a 2004 Mini Cooper S and a 2006 Mini Cooper S convertible. Many exotic cars also come under the hammer. Auction car buying in South Africa stretches from cheap, discounted rental car auctions in Cape Town to bids on E-Bay. Overseas the focus may be on dirt cheap auctioned Cadillac Escalades and Barrett Jackson Car Auctions, but at local gatherings, you will be all-eyes for the latest 1.5 Toyota Avanza or may compete with used Dodge Caliber dealers.
Burchmore, with its rich history of almost a century, is renowned for its sales. Knowing that Burchmore is part of the giant McCarthy group, has been a reassuring thought for many a buyer at their venues. Burchmore's branches cover most of South Africa in some way. They are also the sole African license holder of British Car Auctions.
If nothing else, becoming part of the repo South African auction car buying crowd is an entertaining, interesting experience for car lovers.
