Purchasing a vehicle at a bargain is one thing that every automobile owner loves.
However, first-time owners are advised to proceed with caution while buying cheap vehicles, especially those sold by auctioneers.
In recent years, the government has conducted mass auctions of used vehicles trading for as low as Ksh10,000.
The vehicles range from Volkswagen Passat, Mercedes Benz, Peugeots and other SUVs which the government either buys or leases from local dealerships.
First-time owners thus ought to follow a few tips when purchasing vehicles from a government auction. However, they are also advised not to purchase the cars owing to the cons attached.
Know the Auction Guidelines
Auction rules vary, from deposit to offsetting balances, how to bid in an auction and vehicle inspection and viewing, location of the exercise and your obligations as a bidder.
Attend practice auctions to familiarise yourself with terms and conditions and the jargon used. Borrow a leaf from auction veterans too.
Do some research and know the market value of subject vehicles to avoid overpaying as auctioneers are always out to make a profit. Stick to your budget as bidders compete for the vehicles.
Also, run Vehicle Identification Number (VIN) through a history check on credible sites. VIN is a unique 17-character serial number used to identify a motor vehicle.
Inspection
It is critical to inspect the used cars at an auction. Check out for flaws. As aforementioned, the vehicles will cost more in repairs and maintenance if in very bad condition.
Look for unusual wear and tears and whether tires match. Read the auction sheet and check mileage, brakes, clutch and cracked engine and oil levels. You can also tag along a mechanic to conduct a quick check-up or review prior to purchase.
Test Drives
Most auctioneers do not permit test drives owing to the intense pressure and time.
However, you may be allowed to start the vehicles. Check for unusual noises, shift the transmission into gear, and check the AC and tailpipe.
Cash versus Loans
Bidders are required to pay immediately as the cars are not given on credit.
Vehicles are not allowed to linger in the yard, whether the car is operational or not.
Deposits, in some auctions, are non-refundable and so is the balance. This is unlike purchasing a new or second-hand car in a yard as you may be refunded the money or return the car.
Owning the Car
In some auctions, you can head home with the car upon purchase. For some, processing takes time of up to a fortnight.
