Save Thousands at Auto Auctions – Without Marrying a Car Dealer!

The Common Misconception: Auto auctions are only open to

car dealers.

The Surprising Truth: Anyone with the right resources can

participate in the same auctions as the dealers!

Think about it. How much could you save if you bypassed

the dealers and purchased directly from their sources?

30%, 50%, maybe even 75%.

As unbelievable as this sounds, it is possible with a

little patience and research.

As you probably already know from past experience, car

dealers will do ANYTHING to get you into the car of your

dreams. Whether you can afford it or not!

I can recall a former coworker who got into a new luxury

vehicle with a little “creative financing.” The manager

divided his mortgage payment in two. His justification:

As a married man his wife was responsible for the other

half of the mortgage….even though she was a stay at home

mom! Luckily for them, they found a way to pay their huge

car payment and avoid repossession.

Unfortunately, others aren’t quite as lucky. Thousands of

people default on their loans everyday simply because they

couldn’t really afford it in the first place.

This can work to your advantage. The banks and financial

institutions that serviced the loans want to recoup their

loss as quicly as possible. Add to that the exhorbitant

cost of storing these vehicles, and you can easily see why

the banks want to dispose of them in a timely manner.

After all, the longer financial institutions have to store

these vehicles, the less money they’re going to get back.

Auto auctions are the quickest way for banks to rid

themselves of repossessed vehicles.

Car dealers know this, and they go to great lenghts to

protect this knowledge from the general public. After all,

auto auctions are a huge source of revenue. Dealers can

purchase vehicles at a fraction of their value, and then

resell them at a huge mark-up.

But what if you could avoid the dealer’s mark-up and

instead pay what they pay? What impact would that have on

your wallet?

Amazingly enough, auto auctions are not solely restricted

to car dealers. Up until a few years ago, I too shared

this common misconception.

It was only by sheer luck that I stumbled upon a website

that allowed me to search local auctions by zip code and

vehicle make that I learned the surprising truth. I was

paying dealers thosands of dollars in unnecessary

mark-ups.

I tried the website’s search feature out, and to my

surprise the cars listed were exactly what I wanted. Only

a few years old with very low miles. Many of them were

still under the manufacturer’s original warranty! This

made sense of course, since most of them were

repossessions.

The auction house was even willing to throw in a vehicle

history report at no extra cost and a 3 month warranty.

Sure I wouldn’t get the complimentary car washes and oil

changes the dealer throws in, but that surely wasn’t worth

thousands of dollars in premiums.

After a little hesitation I joined the auto auction

membership site. They helped me locate auto auctions in my

area, and gain admission to them through their exclusive

access rights. I learned what questions to ask, and how to

handle the bidding process.

It was a lot simpler then I ever imagined it could be.

The day of the auction, I showed up a few hours early to

inspect the vehicle I was interested in and get a feel for

the place.

It must have been a slow day, because when my car came up

for auction only a few dealers were bidding against me.

Since I wasn’t buying the vehicle for resale, I succeeded

in outbidding the dealers!

It was a truly empowering experience. I got the vehicle

of my dreams, and I only paid a little over half its book

value!

What did this experience teach me? Auto Auctions can save

you thousands in unnecessary dealer mark-ups.