When do you know are ready to attend a car auction?
- You are competitive
- You have good reasons to buy a car
- You know the type of cars available and their condition
Car auctions in the Philippines are still one of the best places to get a good car for a bargain. But, you cannot just go to one on a whim. Not only do you have to worry about money and highly competitive, but you also have to be willing to research as much as you can about the auction. Overall, you want to prepare yourself so that you can bring home the car you always dreamed about. There are the ways you know when you are ready for a car auction:
You thrive in competition
Everyone knows how intimidating it is to face a brash auctioneer selling used cars for sale in the Philippines and how competitive fellow bidders are. They talk fast, they are loud, and they want to close the sale as fast as possible. Usually, these auctioneers always give the used cars for sale in the Philippines to bidders who are the most competitive. They never seem to sweat amidst the stress and they keep on fighting until they get what they want.
In your daily life, do you always strive to be the best? On the other hand, are you the type of person who just settles? Lastly, does stress make you want to win more or give up? If you usually strive to be the best and get a rush from stress, then you are probably ready to bid.
You have good reasons to buy a car
Good reasons vary from person to person, but the reason why you buy used cars for sale in the Philippines should go beyond “I just want a car for a lower price”. If you don’t have a deeper reason than wanting a car, you might just accept any cheap vehicle even if it obviously can cause problems for you later on.
The value of an automobile is not only defined by its price. Some automobiles have more technological features and are better for travel. They may also have a better design or can stand accidents better than others. The differences of each model can give you the reason you want to buy one. If you want to buy a used vehicle that is technologically advanced, you would need to find a used car that most probably has blue tooth, easy to use GPS system, and other unique traits. A Volvo S90, for example, might be a good one to look out for when you are bidding because it not only has touchscreen Bluetooth system and a GPS but also has an uncommon auto braking feature.
You know the conditions of the cars
How many cars are in good condition and how many are not can already be assumed based on the type of auction you will be attending.
The first type of car auction in the Philippines is the private type. Private auctions do not accept just any type of seller. The sellers here are always dealers authorized to sell automobiles. These people had a contract with a certain car brand to specifically sell their brand new or used vehicles. If you attend these type of auctions, it is easy to figure out what the type of vehicles as long as you know the background of the car dealers. Do they work in Toyota? Subaru? etc. With them, you know the cars are in great condition because most of them sell cars that came right from their inventory. They usually order a lot of these vehicles for their inventory and decide to sell what is left in an auction.
Public auctions allow all types of people can sell here. While the prices you can bid for are cheaper than a private one, it is much harder to find research about the cars prior to the day itself. You usually don’t know who is authorized to sell and who is not, unlike a private auction. Additionally, they will just say in their advertisements that you can get cars for a low as this much. Most of the cars here tend to, unfortunately, be in poorer condition than cars in private auctions. There are, of course, really great standouts, but you really have search hard to find them.
The best way to research and know the type of cars that will be sold at public auctions is through inspection. These auctions have an inspection period the day before the actual public auction, where you can observe the vehicles. Sadly, you can’t test drive these and at most, you will be able to just turn it on and hear the engine. When you go here, the vehicle identification number of these products will be your best friend. Each number and letter will tell you important details such as the year of production, the type of model, what brand produced the, and where they came from. When you do all of this, you will know what car are you aiming for the next day.
Bidders are car auctions need to. You need to know you can do well in a competitive environment, what are your reasons for wanting a car, and the conditions of cars themselves.