An auto auction is simply selling a vehicle to the highest bidder. Cars are the most common vehicles sold by an auto auction. If you are looking at buying a car at an auto auction there are some really good deals available to you.

With a little bit of luck, you might be able to get a nicer car then you could normally afford. Here are a few ideas to keep in mind when going to an auto auction.

Auto auctions generally offer cars that have been repossessed or that have been used as rental cars. You might also find used fleet company cars are up for auction.

As rental companies or car dealers need to re stock their inventory they will unload the cars at an auto auction. Because you can not test drive a car at an auto auction until the sale is complete you may want to bring along a mechanic or someone with mechanical knowledge of cars to help you inspect them before you bid. If the car is being sold by a dealer, they are required by law to reveal any problems or defects, but remember that this will not always be 100% accurate.

The huge benefit to you is the savings you can realize when you buy a car at an auto auction. Some people claim a savings of 50% or more off the book value of cars purchased at an auto auction. With a little research on the front end you could be in position to buy a real nice car for much less than going to a dealer.

It best to look for cars with lower mileage. The newer the better. It is also possible to find a car with some of the original warranty left.

A low starting bid of $100 to $500 is possible. To avoid getting into a bidding war and possibly going over your budget you need to establish going in what you are looking for and how much you are willing to spend. Taking your emotion out of an car auction is always a good idea if you are looking for the best deal out their.

Some people buy luxury autos at an auto auction. If this is a dream of yours be patient.

The first time you might not find what you are looking for. Go to as many auctions as you can, also try showing up in the middle of the week, you might just ending up driving away with a great deal.