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Beginner’s Guide: How to Start Buying Cars at Auctions in the UK (For Private Buyers) | Motor Auction Group

Beginner’s Guide: How to Start Buying Cars at Auctions in the UK (For Private Buyers)

If you’re looking to buy a car at an auction, it can be an exciting but intimating for first-time buyers. Car auctions in the UK are a popular way for buyers to find a wide variety of vehicles, often at lower prices than traditional car dealerships. However, if you’re new to the world of car auctions, the process can feel a bit overwhelming. This guide is here to help you navigate your first car auction experience with us, ensuring you’re well-prepared to make informed and confident decisions. 

Welcome to Motor Auction Group, your trusted platform for buying cars at auction in the UK! If you’re a private buyer looking for a great deal, whether it's a first car for a relative or a classic project vehicle for yourself, buying at auction can be an exciting and cost-effective option. 

 

What is a Car Auction? 

A car auction is an event where cars are sold to the highest bidder, either through an in-person at a physical auction or online . In the UK, car auctions are typically used by car dealers, fleet owners, and individuals looking to sell their vehicles. You’ll find a range of vehicles: from nearly-new models to older, used cars, all different conditions and and prices. At Motor Auction Group, our platform gives you access to both online auctions and physical auctions, providing flexibility to suit your preferences.

Types of Car Auctions 

If you prefer to bid from the comfort of your home, our online auctions allow you to browse and bid on cars remotely. We provide high-quality images and detailed descriptions to give you confidence in your bids. Our center in Corby is the home of our Online Timed Auctions.

For those who want to inspect the cars in person, our physical auction events are a great opportunity to see the vehicles up close. You’ll also get the chance to ask questions and take a closer look at the vehicle’s condition before placing your bid. We host our physical car auction from our Rotherham site.

Tips for Buying Cars at Auction 

  • Set a Budget: Before heading to the auction, make sure you set a firm budget. Factor in the hammer price, buyer's premium, any repairs or modifications needed for the car, and transport costs. 
  • Do Your Research: Research is key. Understand what models you are interested in, the market value of those cars, and the history of the car. At MAG, we offer condition reports on all finance vehicles and photos.
  • Start Small: As a beginner, it’s advisable to start with a low-cost vehicle to get a feel for the auction process. Avoid getting caught up in bidding wars for cars that may stretch your budget.

Buying a car at auction with Motor Auction Group is a great way to find fantastic deals and unique vehicles, but it’s important to approach the process with the right knowledge. By setting a budget, researching thoroughly, and staying calm during bidding, you can enjoy a smooth and successful auction experience. We’re here to help you every step of the way, so head to our YouTube channel to watch our in-depth video on 'How to Get Started at Car Auctions': https://youtu.be/b3rmvhtcUzI?si=CLZFv4QWWiNr9-ny 

 

Explore our platform, browse the cars available, and get started on your car-buying journey today with MAG.