Car Auctions are a valuable source for finding great deals on good used cars. But before you attend a car auction you must first do your homework and understand the process of a car auction.A car auction is a place where cars are bid on and sold to the highest bidder. The cars at auctions come from a lot of different sources bank repos, mechanics, private owners, car dealers, tow yards and many other places.

Most public car auctions are listed in the local penny saver or the newspaper. You can also do a search on Google for car auctions in your city. Find out when the pre-inspection times and dates are. Usually it’s the day before the auction or two to three hours before the auction.

Now that you have a list of cars you like it’s time to do some research and find what the fair market value of the car is. To find the true market value of a car I suggest using all three services to compare prices I personally like using Edmunds when buying cars. It’s also a good idea to run a free car report online to get the history of the car.

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