Cars under the hammer for more bargains for buyers
LOOKING for a new car but finding that your money won't stretch far enough at the dealership?
A car auction might be answer to your problems.
Auctions are regularly held in Nottingham, with some auctioneers saying that cars at the cheaper end of the market have become more popular in recent years since the start of the recession.
Martin Roe, 44, of Keyworth, bought his last six cars from car auctions.
Business Cards From Only £10.95 Delivered www.myprint-247.co.ukView details
Contact: 01858 468192
Valid until: Sunday, May 26 2013
He went to his first in 1997 after realising he didn't have quite enough money to buy a new Vauxhall Cavalier.
Mr Roe said: "I realised I would be able to get one for a bit less than what the local garages were offering.
"I avoid part-exchange cars – I always buy ones that were fleet or lease cars. They've been serviced regularly and usually have their logbooks.
"Last March I got a two-year-old Nissan Pixo for about £4,300 – plus a £400 buyer's fee. I looked at garage forecourts and at car supermarkets and they were going for around £6,000, so I saved myself roughly £1,000.
"The one before that was a 2003 Volkswagen Passat, which I bought for around £5,000 in 2007 and still drive. I saved between £1,000 and £2,000."
He added: "I do my homework. It's important to know which car you want and how much you want to pay.
"As a private buyer you can afford to go a bit higher than the car dealers and still get a good bargain.
"If you've never been before you should go once with no intention of buying anything, just to get a feel for the place.
"I've never been stung, and you get some kind of warranty these days too."
Chris Sumpton is the manager of British Car Auctions centre in Netherfield.
He said: "One of the major attractions of buying at auction is the opportunity to compete for a car in the wholesale market.
"With finances under pressure, more and more motorists are looking at the used market when they change their car and you can get a really good value deal at auction."
The bottom end of the market was especially keen
"We have seen plenty of interest in the 'value-for-money' end of the market, which must be a reflection of the current economic conditions. There is likely to be continued demand for 'budget motoring' from drivers who simply cannot afford to buy a more expensive car, but still need personal transport."