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Buying or sell your vehicle at Auto Traders zone Now!

How to bargain for a good price? -- Learn how to bargain for the car you like.

What is a good deal for a used vehicle?

What is a good deal for a used car?

If the car is being bid on only by used car dealers, the chances are good that you will be able to snap up the vehicle at a price at (or very close to) the wholesale price. Car dealers of course want to be able to on sell there purchases at a fair price so they too will only bid up to what they consider a realistic price. The dealers are easy to spot because of the volume of cars they buy.  

Too many people who make the effort to go to an auction looking for a car make the mistake of choosing only one car, one particular vehicle, and that’s bad. This means they may get into a bidding war with someone else interested in the very same car and as a result will pay way too much for their used car and be disappointed, or get the car they wanted and pay too much.

The o-ring looks to prevent oil from coming out of the distributor hole and leaking down the side of the engine. It doesn't look to be able to prevent oil from traveling along the distributor shaft, past the bearing, and into the dist body...I guess time will tell.

The auction I attended on this day, I had been through the auction catalogue online and determined there were about 6 cars that matched my criteria. I bid on the first three cars without making a purchase, they all sold above my price limit, and once I reach that limit I stop cold (that’s my second rule, set a maximum price and stick to it). As the forth car came up for auction I noticed there was far fewer people bidding, I usually wait before I bother to bid to have a look at who else is interested.

My introduction to the auction process was as a software developer some 15 years ago when many auction houses were computerising their operations. So as a result I spent a lot of time working on the inside and got the low down from experts in the auction industry, which invariably led to my participating on the outside as a bidder.

During this time I developed some simple ground rules that I think take all the guess work out of using an auction as a viable means to getting a great deal on a used car.