A WHEELER Dealers host has spilled his secrets to help you bag a “bargain” car at an auction – an the warning signs to avoid.
Veteran dealer expert Mike Brewer revealed how to buy a vehicle at an auction hall without getting into trouble.
Not known, clear with picture deskThe Wheeler Dealers host has revealed how to bag a bargain at car auctions[/caption]
In a YouTube video from Car Dealer Magazine Mike listed the top tips to avoid overpaying or leaving with a faulty car.
The Wheeler Dealer TV star recommended to always come prepared to an auction room and know what you want to buy.
He said: “Never turn up at an auction without doing your homework first.
“So fill your library before you fill your garage and make sure that you’re armed with information.
If you’re new to the auction world, he advises to invite someone who has experience.
He also urged drivers to know what they are buying and to make sure their warranty can cover any faults or damage.
Mike said: “If a car is sold with no warranty, that means when the hammer goes down, it’s yours.
“If you drive off the forecourt and the engine falls out they’ll hand you a shovel until you move it off their forecourt.
“So make sure you buy a car that has some kind of warranty.
“Warranty doesn’t mean you can take it back to the car dealership. It means you generally get an hour after you pay for the car to test it.”
If car owners are not satisfied with the purchase, they can return it and get a full refund.
Auction houses can be an exciting for car enthusiasts who want to snap up bargains.
But you can leave the auction out of pocket if you get carried away.
The cars whizz explained: “Don’t outbid yourself. Set your ceiling price an absolutely stick to it.
“And remember when the hammer goes down, it’s not the end of it.
“You have to pay a premium on top of that to the auction house for the privilege of buying the car.
“So you need to make sure all of those things you’re wary of before you turn up at an auction house.”
Mike recommends to stand next to the car when it walks into the room to check nothing “nasty is coming out the exhaust pipe”.
He said: “Make sure you open the boot lift up and the carpet to make sure it’s got a spare wheel, tools and a cigarette lighter.
“All these things easily disappear and you might be spending a thousands pounds buying a replacement spare.”
“But trust me, if you get it right, you can have great fun and grab yourself a bargain.”
Drivers can also ask questions to the person behind the wheel and other bidders to check the quality of the motor.
Not known, clear with picture deskMike said to always check a vehicle before buying and to stick to your ceiling price[/caption]