It is common knowledge that there’s time for everything in life. No matter how well-intentioned you’re, if the timing is not right, plans can go kaput. Likewise, there are seasons that present unique advantages when buying used cars at auctions. Getting your timing right is paramount, just like inspecting the car and running a VIN lookup, if you wish to enhance your chances of getting the right car at the best price. Continuing the discussion, we present two of the most propitious times of the year you consider buying a used car on auction. Find out.
1. Tax Refund Season
Most people in the U.S. receive their federal tax refunds during the tax refund season i.e. between February and July. Hence, there’s an abundance of disposable cash. As a result, they are more likely to spend their money on buying used cars at auctions and things like that. However, prices of the used vehicles also tend to see a steep rise during the tax refund season. This is simply because when people have more liquid asset such as money, they’re more than likely to go for higher bids. Make sure you take that into consideration if you’re also looking for a used car at auctions at this time. Don’t make the mistake of drowning in bidding hysteria, and ending up bidding more than you intended to. Bid solely based on what you think the worth of the car is.
2. Pre-Holiday Season
After tax season comes to a close, the next opportune time to buy used cars at auctions is the period preceding Christmas and New Year. As is the custom everywhere, people indulge in holiday shopping during this time of the year. So, it is only natural for them to want to unload any unwanted vehicle they might have in order to rake in some extra cash for their shopping. So, obviously, you’ll find a larger and more extensive inventory of used cars in online auction sites during this time. This gives savvy buyers more choices of cars to choose from.
If you’re buying a used car online, don’t forget to reveal the car info by VIN. Whether it is a Chevrolet or an Audi VIN Lookup, such a useful tool as a VIN check always matters. It is how buyers ascertain that they’re buying the right vehicle from the right seller. Online vehicle inspection service in Portland, Oregon, ClearVIN is dedicated to furnishing authentic and reliable data on used vehicles. It is in partnership with NMVTIS and provides detailed vehicle history reports that one can bank on. If you got any question, feel free to contact us. Call +1 (844) 268 – 5991 or drop a mail [email protected]. Just let us know how we can help you, and we’ll take it from there.