Dallas County consistently proves to be a solid source of used cars at low prices. Not only does Dallas County include a massive metro area but many people are interested in trucks and SUVs which depresses the purchase price of used cars on the secondary market. The result is a significant potential for savings anyone can taken advantage of at local auctions. To maximize your chances of success, there are a few things to keep in mind.
1. Leverage the Size of the Dallas Metro Area to Your Advantage
Dallas County boasts a huge population over a wide area. As a result, most people are only interested in auto auctions located nearby. To give yourself the best chances of success it is essential to leverage the massive size of the Dallas County area to uncover the best deals. Considering you could save thousands of dollars at the right auction there is no reason to arbitrarily exclude opportunities simply because they are a little farther away.
2. Take Advantage of Online Auction Websites
Since Dallas County is so large, it is nearly impossible for a sole individual to track all of the upcoming auctions and maintain access to up-to-date information. Auction houses update their listings multiple times before an auction and sometimes even the day of the event. Instead of trying to track down all of this information by hand, take advantage of online auction websites. These sites are designed not only to provide information about upcoming auctions but also consistently update listing information.
3. Utilize Online Bidding
A growing number of auction houses in the Dallas County area are relying on online bidding to garner attention. This is a huge benefit for anyone looking to save money on a reliable used car. Since the auction is nearby, bidders can still travel to inspect target vehicles in person. At the same time they can participate in multiple auctions simultaneously utilizing the online bidding platform. There are several different types of online bidding so make sure to choose one you are comfortable with. Some people prefer live bidding especially if they are targeting multiple vehicles while other prefer to place a maximum bid limit before the auction begins and allow a proxy bidder to place their bids for them. Both options offer benefits and potential drawbacks so make sure you choose the one you are most comfortable with.
4. Take the Time to Do Your Research
The final key to finding the best deals at Dallas County auto auctions is research. An overlooked benefit of online auto auction websites is that they provide a great amount of time to research specific vehicles. Access to up-to-date information is only helpful when used correctly. By doing a quick vehicle history search on each car you are interested in, you can identify which vehicles offer the greatest potential value and which one’s might be too risky to consider.
Great Opportunities to Save Money Appear at Every Auction
2013 Dodge Challenger
A great example of an excellent value purchase is this 2013 Dodge Charger. It is a black coupe boasting a 5.7 V8 engine. The winning bidder managed to bring it home for only $16,000. This is because there was no way to verify the accuracy of the mileage. Since the only other reported damage was normal wear and tear there is a good chance the mileage was accurate. If not, it probably wasn’t far off. While this purchase is a little riskier it could pay huge dividends over time.
2006 Audi A4
Another example of how buyers can save money at Dallas County used car auctions is this 2006 Audi A4. It carried a secondary market value of more than $18,000 miles however the winning bidder brought it home for only $2,100. This is primarily because the high mileage scared other bidders away. At 181,000 miles this car has definitely spent a lot of time on the road but considering its age and the fact it was a fleet vehicle it is fairly safe to assume most of the mileage is highway miles.
2004 Volvo S60
Along the same lines as the 2006 Audi A4 is this blue 2004 Volvo S60. This 4 door sedan has recorded nearly 154,000 miles but still carried an estimated secondary market value of $10,150. A savvy bidder was able to win this car at a price of only $1,200. Considering there was no reported damage outside of normal wear and tear this looks to be an excellent value purchase.
2003 Jaguar X-Type
For those willing to take a bit of a risk on a rebuilt title, this 2003 Jaguar X-Type is a great example of what can be had. With only 65,111 miles on it, this sliver 4 door sedan carries tremendous secondary market value potential. The winning bidder wasn’t bothered by the rebuilt title and recorded the high bid at only $3,000.
As you can see there are tremendous opportunities to at Dallas County auto auctions to bring home a quality, reliable used car at low prices. The key is making sure you are prepared when the auction begins by leveraging online auto auction websites and everything they have to offer.