•  

Buying a car at an online auction

If you’re thinking of using an auction site, such as eBay, follow these tips – as there are some pitfalls. Unless you know what you’re doing, you’re much better off buying privately or from a car supermarket or dealer.

The price

Shopping Online

Unlike when you buy privately, from a dealer or from a car supermarket, there isn't a set price. The price is what the winning bidder pays.

So don't get carried away - set yourself a budget, and stick to it.

When the auction ends, your offer is legally binding - so you must do any research beforehand.

 

Your legal rights

Law book and Gavel

An auction might seem fun - but your bid is a legally binding offer. If you don't pay what you owe, the seller can take legal action against you.

And if you're buying from an individual (as is most likely the case), remember that the car only needs to be as described. Unlike when buying from a dealer, there is no requirement for the car to to be of satisfactory quality - so you must do your research and ask lots of questions.

The advice here applies to online auction sites - your rights at a live auction (where you attend in person) are likely to be extremely limited in the event of any problems.

 

Do your research

Car Dealer
  • Find out as about the model you're interested in - particularly about known common faults - use sites like Used Car Expert.
  • Review the description carefully. Beware of cars for sale where the description is limited or there are few photos. There may also be specific conditions about collecting the car (you'll probably have to go and pick it up, for instance).
  • Carry out an AutoCheck. This will tell you about the history and status of the car itself, such as whether it's an insurance write off.
  • Contact the seller. Find out why they are selling the car, how long they've owned it, whether there are any issues with it - and confirm they have the registration document. If there are any common faults with that model, ask the seller if there have been any problems.
  • If the seller lives near to you, ask to view the car and try to take it for a test drive before you bid.
 

Should you buy at an auction?

Car Dealer

If you do your research, there's no reason to fear buying a car at a recognised online auction site.

It's not for everyone - you're essentially buying the car privately, so you don't get the advantages of buying from a dealer. You might pick up a bargain, but do check out values before you bid as many vehicles sell above their expected valuation when bidders get carried away.

If you have an existing car, you'll still need to sell it yourself - which you could always do via an auction site!

 
Views expressed on this page are those of the author and not of Experian.
Any person buying a used car should also seek their own independent advice

Start your AutoCheck now

Enter the vehicle registration plate
I am an existing customer
Enter email address:          Enter password:

Help and advice

Some relevant frequently asked questions

Other articles you might find useful

Article image: Buying a car privately

Buying a car privately

You need to take more care when buying privately than when buying from a dealer or car supermarket...

Article image: Buying from a car supermarket

Buying from a car supermarket

Car supermarkets sell huge numbers of cars - they're like a dealer but...

Article image: Buying from a dealer

Buying from a dealer

You still get dodgy car dealers - but there are lots of professional respected dealers out there...

Article image: Where to buy used cars

Where to buy used cars

There are four main places to buy a used car, Privately, Dealer, Supermarket, Auction...

 

View a sample report

Here you can see an example report of an AutoCheck.

This will show you how your report will be presented to you once purchased.