How to Determine Your Bidding Limits for an Auto Auction

Buying a used vehicle at an auto auction is a great way to save money on a car or truck, but before the day of the sale it’s important that you determine the amount of money that you can spend. After you purchase the vehicle, you don’t want to discover that you can’t afford the insurance, taxes and other costs that are associated with the purchase of a used car. In addition to the bidding price of the vehicle, don’t forget to figure in the costs below so you don’t go over your budget.

Insurance

The cost of an insurance policy on a vehicle will vary and it depends on several factors including the make and model of the car or truck. If you know what type of vehicle you want to buy, give your insurance agent a call to get an estimate of the cost of insurance. Since you … Read More

Read More