Welcome to Day 3 of your "Step-By-Step Auto Auctions School"

• Day 1 - Covered a full introduction to all aspects of auto auctions. From registering to successful settlement.
• Day 2 - Covered the important matters of full vehicle history, titles and condition checks.

If you missed signing up for your discounted Gov-Auctions membership join here now!

Day 3 - How to Get the Best Price at a Car Auction

"Secure the best deal day". Today you will learn how and where to find out the true market value of the vehicle you are interested in. We will give you hands on winning bidding strategies which are proven to save you a lot of money when bidding.

According to observers and analysts, these days there are more and more people who are preferring to buy cars at government car auctions. Because there are more and more shoppers at government car auctions, sometimes what are supposed to be cheap cars can be made expensive. That is because the auction process seeks bids from bidders that topple each other just to get hold of a particular vehicle.

It is therefore important to take note of the following practical and logical tips on how you can secure vehicles at government auctions at cheap prices.

Here are 15 of most important tips on how to obtain the best price at a car auction:

• Go to the auction early to stalk your "prey". The earlier the better. Attend the "inspection session", usually two days prior to auction day, beat the crowds, avoid distractions and look for the cars you want.
• Make sure you have a Kelly Blue Book, NADA guide, or Edmunds book if you're going to any public auto auction (such as a government auction). If you're going to a wholesale auto auction (which often requires a car dealers license), bring a Black Book with you.
• If you have your mobile phone or pocket-PC, surf to the car pricing web sites when you are at the auction.
• You should also approach the auction sales staff as often they can and will give you a fair indication of what the final selling price may be of the vehicle you are interested in. Remember however that it is in the interest of the auction house to obtain a high selling price as the auction collects approximately 5% in "buyers premium".
• Its imperative you know the market value and trade-in values of the car(s) you are planning to bid for.
• Set your vehicle preferences and bidding limits before going to the auction. Your main objective is to purchase at cheap prices, so doing otherwise is a waste of time, money and effort.
• Keep an eye on the competition, that is, the visitors showing an interest in the car you also have an interest in - it can give relevant guidance as to the where your bidding competition may come from.
• Our recommendation to you is to not pay over the Blue Book value for any of these cars.
• Also note that auctions that seem a bit "out of the way" can present even better opportunities. Keep this in mind when researching auctions. The more reasons to make people not want to go to a specific auction the better for those willing to go to those particular auctions. So don't be afraid to travel a little longer to the auction. If you are one of those people who are serious about potentially saving thousands of dollars when buying a car, live government auctions are worth your time and effort.
• Like just about anything in life, the person willing to do what the next guy won't usually wins. Facts are that you need to locate the most established and credible government auctions around. Gov-Auctions.org is America's #1 trusted source to gov't auctions and will give you access to over 4,000government auto auctions across the United States with guaranteed listings in every state.
• Attend auctions on rainy days as you will have less bidder competition.
• Becoming familiar with the auction rules. You don't want to lose at auction because of some technical violation regarding the rules. Always remember that there are different kinds of auctions and there are often different rules for each.
• When bidding starts make a low offer. Don’t think that you can start off with a high bid and scare off all other buyers. You can always increase your bid price, but you can never lower it.
• Bid wisely and remember not to let your ego get in the way and become involved in a bidding war. You will end up paying too much for the vehicle. If you miss out there will always be another vehicle.

Overall, government auctions are attractive, exciting and practical events that help people acquire cars at "discounted prices", that is, close to or below normal trade-in prices. Just be sure you know the market value and condition of the vehicle you are interested in, keep your focus and stick to your strategy when bidding.

We look forward to seeing you again! Day 3 will teach You how to really get the best price!

Day 4 - Special coverage of On-line car auctions. There are many advantages with Government online auctions such as they give you a much wider "catchment area" and also most online auctions offer you online searchability of available vehicles. We will give you the necessary information such as logistical considerations for purchasing interstate vehicles.

Finally, don't miss your last email with link to the last remaining session of Car Auction School.

Day 5 - Final day! We will summarize the important lessons learnt. But importantly we will also look at important questions to ask such as how you can obtain an extended warranty. We will also address the matter of favorable financing.  You will also learn how to avoid the worst mistakes you can make as an car auction buyer.