Auto Auction Tips for the First-Timer

Indianapolis Auto Auctions 317-247-8484

Indianapolis Auto Auctions 317-247-8484

Buying used cars or trucks at auto auctions is a great way to get a fantastic price. But there are a few things to know before attending a car auction if you are a first-time attendee. The right preparation coupled with the right knowledge can put you at an advantage on the car lot. You want to ensure you walk away feeling good about your purchase, and knowing you were not scammed. Continue reading to learn everything you need to know about prepping for an auto auction, and who to call for professional and trustworthy advice.

Auto Auctions

There are a few different types of auto auctions, including online auction, impound car auctions, and basic junk car or used car auctions. Depending on what merchandise you are in the market for will determine which auction to attend. For example, if you are interested in acquiring used auto parts, your best option would be to bid on junk cars at a junk car lot auction. Since you would just be stripping the vehicle for parts, it is not cost-effective to buy a functional or good-condition vehicle. However, if you are in the market for a good-condition vehicle for primary driving, you might want to consider a used car auction. Online auctions are also an option, but for first-time auction attendees, it may not be the best place to start. Talk to your local Indianapolis auto auction professional about online auctions and how to navigate them to your advantage.

Once you figure out which auction you are looking to attend, you can start your pre-auction research. Look for local auto auctions you wish to attend, and then view the vehicles they intend to display for bidding on the day you plan to attend.

Next, research their vehicle inventory, using Kelly Blue Book and other similar online resources to assess the estimated value of the vehicles. Then look up used vehicles online that are sold through regular car lots and dealerships. By comparing the used vehicles at lots to the used vehicles being sold at the upcoming auction, you can properly assess how much you should spend on a used car at the auction.

Set a budget right away, and do NOT go over that budget at the auto auction. By pre-determining a budget, you can ensure you will not walk away with a bad deal, like paying too much for a vehicle of lower value. One way to be sure you are getting a good deal is to bring a mechanic along with you to perform a pre-purchase inspection and validate that the car is indeed in working condition. Some auto auctions will provide this service for those who purchase a vehicle from their inventory, but it is rare. Once you have all this lined up, always be sure to ask or attain a CARFAX report outlining the history of the vehicle. By following these simple guidelines, a first-time auto auction attendee can be confident when it comes to getting the best deal by bidding for a used car.

Zore’s Indy

Zore's Inc. Indianapolis Indiana

Zore’s Indy 317-247-8484

Call Zore’s Inc. at 317-247-8484 for information about Indianapolis auto auctions at our site. We offer quality used vehicles and automotive parts at weekly auctions held every Wednesday at 4 o’clock in the afternoon. If you would like advice about attending our weekly auto auctions, simply give us a call at 317-247-8484 and speak with a friendly company representative today. Get a great car at an unbelievable steal at our auto auctions in Indianapolis, IN.

What is an Impound Car Auction?

Indianapolis Auto Auctions 317-247-8484

Indianapolis Auto Auctions 317-247-8484

Impound auto auctions are a fantastic way to get an incredible deal on a vehicle. Anyone can get a car or truck in good condition, for a fraction of its actual market value! This is why impound auctions have become such a popular and lucrative car buying method for thousands of men and women across the country. The best type of car auctions to attend are those hosted by well-known and established businesses in related industries; like scrap metal yards, junk car lots, wrecker companies, and more. This is where you want to go to get the best deals on used vehicles. Continue reading to learn what impound car auctions are, how they work, and where you can find one for yourself.

Auto Auctions

There are many types of auto auctions, some are limited to only vehicles that have been impounded by police or other permitted authorities, while others also auction off abandoned or junk vehicles. In fact, many auto auctions auction off more than just vehicles. There are several sites that also auction scrap metal, tools, construction equipment, appliances, motorcycles, jet skis, boats, water-crafts, and more. You can certainly find an eclectic selection of treasures, all at a super-discounted price, at most local auto auctions.

Impound auto auctions are almost always hosted by the town’s DMV or some other authorized party. They only deal with impounded and confiscated vehicles. As mentioned, these vehicles are typically repossessed or seized by police for various reasons; such as traffic violations, unpaid tickets, abandonment, defaulted loan payments, fraudulence, and more. For this reason, vehicles at impound auto auctions are not likely junk cars and trucks. They are usually in good condition, and sometimes, even brand new. These were vehicles that people were driving on a daily basis, until it was collected by the rightful authorities.

Impound auto auctions are held on a weekly or monthly basis, and open to the general public. They are a great way to purchase a vehicle in good condition, at a price you couldn’t ever negotiate at a car dealership. Contact your local wrecker company or junk car lot for information about the time, date, and location of your town’s next auto auction. This will likely be your best source for auto auctions and related information.

Indianapolis Auto Auctions

Towing and Recovery  Indianapolis Indiana

Towing and Recovery Indianapolis Indiana 317-247-8484

Call Zore’s Inc. at 317-247-8484 for information about our highly anticipated Indianapolis auto auctions and locations, today. We are a family owned and operated wrecker, body shop, and auto auction business that has been serving the Hoosier communities for more than 80 years! We hold auto auctions, open to the public, every Wednesday at 4 o’clock on our company’s private grounds. Call 317-247-8484 for location details, or for auto auction information in Indianapolis, IN.