How to Shop at Auctions #2
“There are all kinds of auctions. Real estate, art, antiques, junk, office equipment, and automobiles are auctioned on a regular basis. School districts, police departments, cities and other government agencies hold auctions all the time. EBay and other Internet sites are another fun way to buy or sell things…Be particularly cautious at auto auctions. We recently attended our first one. Some cars didn't even start and those that did were started only. You couldn't test drive them or even see if the transmission worked. This could result in major repair costs on your otherwise ‘great deal.’ Some were from a towing yard and had no keys. That is an additional expense to consider. Also be sure you know about any tax, licensing or other fees that might be added to your final purchase costs. We recommend you go and watch the first time and take your money only if you feel comfortable. Many times used car dealers will be bidding against you. The prices may not be as good as you would expect.”* #savemoney #auctions
*From Quit Your Job! You Really Can Afford Stay at Home Parenthood (full of unique money saving hacks)
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