How much can you save by buying a car at auction?

How much do cars usually cost at an auction and what are the average dealer auction prices? We recently completed a study of the savings a buyer could expect at auction. On average, you will save 20\% or more. That’s a savings of $4,000 on a $20,000 vehicle.

How much cheaper are cars bought at auction?

Typically you can expect the average car to be about $1,000 to $2,000 dollars cheaper than retail if you were to buy directly from the dealer auctions.

Is it good to buy car at auction?

The simple and obvious answer for why you would want to buy a used car from an auction is price. A car auction is a great place to buy a vehicle for a fraction of what it would cost to buy from a dealer or even a private seller, and at some auctions, there’s a tremendous amount of vehicles for sale to choose from too.

Is it a good idea to buy car from an auction?

How much does it cost to buy a car at auction?

It depends on the type of auction you attend. If you purchase a car at an informal auction, you will find many vehicles with starting prices as low as $300. Typically, nothing sells for much more than $3,500. These cars are sold by individual owners instead of manufacturers.

How much money can you save by buying a dealer-only car?

On average, you will save 20\% or more. That’s a savings of $4,000 on a $20,000 vehicle. And savvy buyers can expect to save much more. If you are flexible in your buying choices, you can take advantage of much larger savings. What Type of Vehicles are at Dealer-only Auctions?

What is the most affordable way to buy a car?

The most affordable way of buying any vehicle is through a dealer auction. You can save thousands of dollars vs buying it from a dealership – without compromising quality. In this article we are going to go over car auction prices vs retail.

What do you need to know before going to a car auction?

You need all your wits about you and not an ounce of pride to cloud your judgment. Cars will be shown in a set order, so arrive early and figure out when your favorite will be on the block. You can usually get a copy of the showing list when you check in.