Do your research! Read up everything there is to read about the car or cars you’re considering – weak spots, club/specialist support, parts availability plus, of course, what they sell for!
Don’t forget to research things that affect the cars suitability for you. You don’t get a test-drive and once the hammer falls it’s yours, even if you can’t fit inside it!!
Check auction conditions carefully, In particular, ensure you understand – and can meet – the payment terms. These days you may also need to provide proof of identity, and due to anti money-laundering regulations, not be allowed to pay more than £9000 in cash.
Keep in mind that at classic auctions your ‘rights to return’ are usually virtually non-existent and restricted to matters of title (ie that the car isn’t the vendors to sell). You certainly won’t have any comeback for condition-related issues unless they are in direct contradiction of a specific statement in the description – ie a car that was said to have had a reconditioned engine did not…
Try to get to the sale early on sale day or viewing day. That way you can inspect your chosen lot at your leisure and without the pressure/time constraints caused by other people wanting to do the same… Continue Reading…
