Many people have successfully turned to buying quality autos from car auctions in Suffolk County NY. The sheer volume of available units has increased her manically over the past year. Not only has this increased the quantity of quality vehicles, but also the quantity of less than stellar vehicles. This makes it more portable than ever to be a savvy bidder and do the necessary legwork before the auction begins. Based upon the current climate of car auctions in this area, there are three key tips to keep in mind.
1. Watch Out for Flood/Water Damaged Vehicles
It shouldn't be a surprise that there is a larger number of flood and water damaged vehicles in this area than normal. Resulting from torrential rains, flooding, and hurricanes in the area over the past year, a disproportionately large number of flood damaged vehicles are now at auction. This makes it more important than ever to research the vehicle before placing a bid. It is easy to cosmetically restore vehicles that have suffered flood damage, but replacing the engine and transmission is a much more expensive proposition. If you end up with a flood damage vehicle, there's no guarantee the engine or transmission will work properly for an extended period of time. If your primary focus is to buy a quality auto from car auctions in Suffolk County NY then you should avoid flood damaged vehicles at all costs.
2. Always Do Your Research
Most people immediately research a specific vehicle they see on auction listing and assume that is where the research stops. The truth is if you really want to buy quality used cars at car auctions, you need to consider the history of the make and model as well. One of the benefits of buying used cars is that any problems that are systemic of a certain year make, or model will have been reported several years after its release. By focusing on cars that are several years old, you will be able to gain additional information about specific models and any defects which are commonly associated with them.
3. Don’t Be Afraid to Walk Away
The most important aspect of consistently finding and buying quality autos from car auctions in Suffolk County NY is knowing when to walk away. While buying a quality vehicle must be your emphasis, it shouldn't override your other car buying parameters, such as price and overall value. It is essential that you maintain self-control and walk away when the bidding exceeds your predetermined maximum bid. This will not only ensure that you buy a quality vehicle but also get a great deal in the process.
2006 BMW 750i
There are a lot of different ways to describe a quality vehicle; however knowing can argue that this 2006 BMW 750i was a steal at $7000. There was no noticeable damage outside of normal wear and tear and it had only 89,000 miles on it. This black four-door sedan has a 4.8 liter V8 engine. The estimated retail value of this vehicle is nearly $19,000.
2012 Infiniti M37
Another great deal found at car auctions in Suffolk County NY is this 2012 Infiniti M37. While the estimated retail value was nearly $47,000, the winning bidder paid only $9000. There was some front end damage which was rebuilt before the auction. As a result, it carried a salvage certificate rather than a clean title. The vehicle started and drove smoothly before the auction began. This purple four-door sedan had a 3.7 liter V-6 engine.
2010 Toyota Camry
The 2010 Toyota Camry SE has a local market value of $15,355. The winning bidder at a recent auction paid only $9500 for a 2010 Toyota Camry SE with only 3326 miles on it. This four-door sedan was green and had a 2.5 liter four-cylinder engine. As with all SE Trim packages, this vehicle included an MP3 player, stability control Bluetooth, and navigation system.
2010 Bentley Continental
Nothing got more attention at a recent car auction and Long Island than eight 2010 red Bentley Continental. This convertible had only 3621 miles on it. Only minor dents and scratches were noticeable and it was verified to start, run, and drive without a problem. The actual retail value of this vehicle is just under $91,000; however the winning bidder paid $65,000. While this doesn't fit the stereotype of a cheap quality auto available at most car auctions, it was definitely a great deal on a high quality vehicle.