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Auctions To buy or not to buy

  • 09-09-2011 10:34pm
    #1
    generalmental
    Registered Users, Registered Users 2 Posts: 485 ✭✭


    Hi all i am in the market for a new car, got about €5 - €6k to spend on a car.

    the thing is normally i buy a hlf decent car for about a €1000 and keep it for 2 years or so and then sell it on for close to buying price, but this time i wanna buy something decent and keep it for a bit longer so thats why i am planning on spending a bit more.

    hoping to get a focus or better.

    Anyone buy from auctions that can give me some advice or tell me their horror stories or even tell me it was a great move.

    Any help would be grateful


Comments

  • #2
    -Corkie-
    Closed Accounts Posts: 10,025 ✭✭✭✭-Corkie-


    Auctions are a waste of time. Get on Donedeal, find you car and bring a good mechanic with you to look at it and you will do a way better.


  • #3
    generalmental
    Registered Users, Registered Users 2 Posts: 485 ✭✭generalmental


    -Corkie- wrote: »
    Auctions are a waste of time. Get on Donedeal, find you car and bring a good mechanic with you to look at it and you will do a way better.

    Can i just ask why you think they ar a waste of time


  • #4
    squod
    Closed Accounts Posts: 8,704 ✭✭✭squod


    Listen in online to the auctions OP. Some people bid crazy money. If I was selling I'd go auction. Buying? No way.


  • #5
    -Corkie-
    Closed Accounts Posts: 10,025 ✭✭✭✭-Corkie-


    generalmental wrote: »
    Can i just ask why you think they ar a waste of time

    The biggest one is that you will buy a similar car for the same price of a dealer or cheaper with a private sale.

    You cannot test drive it or do any backround checks on the car either.

    You are buying a pig in a bag really and no need for it.


  • #6
    mickdw
    Registered Users, Registered Users 2 Posts: 23,688 ✭✭✭✭mickdw


    Dont mind what you hear on rte news, you wont get a half price car.
    Chances are, if you are new to the auction, you will get fooled into paying too much for the car you are interested in. Auctioneer will know alot of the heads around the room, certainly the ones who usually bid. He knows pretty much where to look for a bid based on what type of car is in front of him.
    If he sees a new head suddenly bidding strongly on a particular car, he will use every trick in the book to get you over the reserve price. You could also have the sellers mates bidding to get you to pay more etc.
    No bargains on anything worthwhile. If you getwhat looks like a massive bargain, you are probably the only person in the room who has not seen the obvious fault in the car.


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