Looking for a Cheap Truck? Try an Auto Auction

If you’re looking to buy a truck, you’re probably thinking that you’ll have to pay thousands to get one that’s reliable. Trucks aren’t normally cheap and even used trucks can put a big dent in your savings. However, there is a way to buy a cheap truck that’s reliable and that’s by going to an auto auction.

Public auto auctions are held in several cities and towns in every state and when you bid on a used truck, you can get it for the price that you want to pay. Most of these trucks arrive at the auto auction after they’ve been repossessed. The lending institution that carried the loan sells these vehicles at auction so they can recover some of their money. Although they won’t get the full value of what the vehicle is worth, it’s not a total loss.

Prior to sending the trucks to an auction house, the lenders have to pay to store these vehicles. This is an extra expense that the lenders don’t want. So, by selling these trucks, even at a loss, they’re saving money by not having to pay for storage.

There are all makes and models of used trucks that you’ll find at an auto auction. Popular trucks that are often seen at auto auctions include the Ford F-150, Chevy Silverado, Dodge Ram and Toyota Tundra.

If you’re looking for a cheap truck for hauling, pulling or carrying cargo, you’ll find excellent used trucks at an auto auction. Many people buy trucks just because they like the way they look and four-wheel drives are good to have when winter weather hits.

The variety of trucks at an auction are endless and you’ll also be able to select a truck that has the options and features that you want. Many trucks are outfitted with a spray-in bed liner, off-road package, roomy interior, rear parking sensors, push-button start and a navigation system. You’ll be able to look inside the cab of each truck at the auto auction to view the interior and all of its features. You can also raise the hood and check out the engine and start the vehicle so you can hear the way it sounds.

When you’re ready to buy a cheap pickup truck, find a nearby auction and bid on the one that you’ve just got to have. You’ll be glad that you went to an auto auction and found a truck that is reliable and reasonably priced.

Local Auto Auctions – 5 Resources for Finding Out About Car Auctions in Your Area

If you’ve decided that you want to go to a local auto auction to find a great deal on a used vehicle, the next step is to find out where these auctions are located. Below you’ll learn about five great resources that will help you find an auction in your area.

Local Newspaper Classifieds

Pick up a local newspaper and find the classifieds section. Look under the “Auctions” heading to find advertisements for local auto auctions. You might even look under the “Automotive” section as there may be auto auction advertisements listed there too.

Bulletin Boards

Many auction companies print out auction flyers with the location, date and time of nearby auctions and place them on bulletin boards in various businesses. The flyers may also list some of the vehicles that will be up for bids on the day of the sale. Write down the information that’s on the flyer, as well as the contact number if you have any questions before the day of the auction.

Internet Search Engines

The internet is a very helpful tool when looking for local auto auctions. Go to your favorite search engine and type “auto auctions” in the search box along with your city or town, and state. You’ll get several results and you may have to sift through them to find the information you’re looking for. Check the date and year of the auction listing to make sure it is current. Some websites don’t update their listings on a regular basis, so you may find some listings that are out of date.

Word Of Mouth

If you have friends, family members or acquaintances who buy their vehicles at auto auctions, ask them if they know of any local auctions that are coming up. Many people who regularly go to auctions will know where they’re being held. If you have a social media account, post your request there too and you may get several responses from others who are into the auction scene.

Government Auction Website

You can also visit a government auction website that lists all the auto auctions in every state. These sites compile the lists for you and it will save you a lot of time because you don’t have to search for them yourself. There is a one-time fee for this information, but it’s actually worth it, especially if you’re really serious about wanting to buy your vehicles at an auto auction.

How to Take Advantage of Public Car Auctions

If you are in the market for a replacement vehicle, consider a local public car auction. Auto auctions are especially great for people on a budget because vehicles can run up to ninety percent less than where their market values are listed. Public car auctions are great resources for car buyers on a budget, but first timers should educated themselves. Catch up on how to take advantage of public car auctions if you are unfamiliar with the industry and its process.

Preparing for a Public Auto Auction

There are a few simple, but necessary, steps to take for anyone interested in purchasing a vehicle through a local public car auction. It is important to know that most auto auctions required registration and corresponding fees. It is usually not free to attend a public car sale. This is to thwart people with non-serious inquiries. Once you have determined where to register, be sure to read the guidelines, if it comes with any. Some auctions have their own unique set of instructions to follow.

After registering for the auction of your choice, begin to figure out a budget. Setting a budget helps relieve anxiety and stress that can come along with auto auction participation. Know your budget and stick to it no matter what the circumstance. When the budget is set, you can start to look into your finances. If you are going to need a loan, determine who or what will be your financial lender. Some auto auction firms provide pre-approved loans; if that is a route you are comfortable taking. Banks and credit unions are other options for obtaining a car loan.

With the budget and loan in place, you should start thinking about the auction’s inventory of cars and vehicles. Decide what type of vehicle you need for your particular lifestyle or vocation. Moms may need more seats for kids, or business owners may need trucks for hauling and transportation. Be sure to inspect the inventory closely. Do not be afraid to start the ignition, test the heating and cooling, check the seat controls, and more.

Once you have chosen a vehicle, you can proceed with the bidding process. Each car will have its turn on the auction block. The auctioneer will begin bidding at a random number, in which you will follow with your bids. When you win a bid, simply head to the cashier and drive home with your new car!