How To Buy Cars | At Auction

: Decide on a maximum bid before the auction starts. Your total cost isn't just the "hammer price"; you must factor in buyer’s premiums (fees paid to the auction house), taxes, registration, and transportation. 2. Research and Vetting

The risk of a "lemon" is high, so thorough due diligence is mandatory: how to buy cars at auction

: Public auctions are open to everyone, while dealer auctions (like Manheim) often require a professional dealer's license. Individual buyers can sometimes use a broker to access dealer-only inventory. : Decide on a maximum bid before the auction starts