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My little brother has a mate who is going to take us to the dealer auctions week after next. I'm in the market for a mid sized to large diesel ute just shy of 20k and this might be a good way to save some $$$. I'm not expecting anything, I don't really know what to expect
Has anyone been to a dealer auction before From what I've been told dealers generally purchase from these kind of auctions at around 4k under market value and then mark up 2 or 3 on market value in the yard. Makes sense but I'm always sceptical about something that seems like a good deal
Does that seem fair to people who've been there? If so its great because vehicles that were JUST out of my reach like GU utes are suddenly very attainable Also what provision if any is there for mechanical inspections
Mods if you think this isn't tech enough please move it. I posted here in the hope of getting sensible responses rather than chit chat
For my limited experience with these sort of auctions you can start the vehicle but not move it therefore any inspection has to be done on-site, I'm also pretty sure there is no warranty so make sure you know what you're buying and where the vehicle was before hand.
Check out the government auctions at Pineapple street Zillmere, these are normally well maintained and low km's.
I know these come with no rego, not sure about safety certs, and have to be paid that or the next day.
Theres been a couple of threads on this ver the years.
I have only been to general open auctions. And the only place I have been to so far is Pickles in Melbourne. (was suposed to goto fowles last week)
They sell alot of Fleet and repo stuff (atleast on the days I go). I would highly recomend going a couple of times and get a feel for what things go for. As I have seen people get carried away. But have also seen some great bargins (100series pov pack $16 000).
Also remember that what ever you buy, you must have a deposite on you there and then. Pickles is $500 min. Then there is also a auction/handling fee that you must pay also. Cant remmember how much that is though.
Try and see if the place you are going to has a www. As then it allows you to see what they have, so if there is anything you like you can research there going rate at car yards etc.
Then when at the auction when you have found what you want. Set your max spending limit. If you think its only worth 18g. Dont go over that. There will always be another one at an auction next week.
Normal stuff, Buyer beware. I brought a car from the auctions a few years back for $10000 under market value and was biding against dealers. The car ran great for a couple of years until I blew the turbo (my fault, did'nt have a timer and use to just turn it off all the time - young and knew everything). Some of the auctions do now offer warranty - think Fowlers and Pickles both do now - but it does cost a little although if your spending the money it would be worth it.
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i haven't been to one of these auctions for years now, but it use to be a case where any faults were listed on the car. If after purchase (within a short time frame) you encountered non-listed faults, then they were covered by a warranty.
If your brother's mate is taking you to a dealer's auction, then he must have a LMCT number to purchase at wholesale prices. Therefore being in the motor trade i would assume he'd be able to tell a plum from a lemon. If you have a mechanic mate, take him with you.
Get there early so as inspect cars pre-auction
Good luck
Glenn
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GQ Bear wrote:i haven't been to one of these auctions for years now, but it use to be a case where any faults were listed on the car. If after purchase (within a short time frame) you encountered non-listed faults, then they were covered by a warranty.
If your brother's mate is taking you to a dealer's auction, then he must have a LMCT number to purchase at wholesale prices. Therefore being in the motor trade i would assume he'd be able to tell a plum from a lemon. If you have a mechanic mate, take him with you.
Get there early so as inspect cars pre-auction
Good luck
Glenn
thanks mate I thought there might be some license or something needed to purchase there
From what I've been told dealers generally purchase from these kind of auctions at around 4k under market value and then mark up 2 or 3 on market value in the yard. Makes sense but I'm always sceptical about something that seems like a good deal 
Also what provision if any is there for mechanical inspections 
