Creditplus phone number Creditplus Strap Line

Online car auctions – Know what you are in for

Jan 22 2010
We recognise the advantage of bidding at used car public auctions and how the very chance of being able to inspect the used car can be of great help in knowing which used car to bid for. When it comes to online used car auctions, you must understand that you cannot inspect the used or new car you are interested in and to that extent, it is a blind deal you may be walking into. This kind of a used car purchase effected through the online route by making use of appropriate car finance arrived at through proper car valuation, can become a millstone around your neck. Though there is a stipulation that any such used car or new car sale made through gross misrepresentation on the internet can be sent back, it is still not something that you can rely upon.
So what are the advantages of online used car or new car auctions?
a) Well, you have the flexibility to bid for them at your convenience without having to be present physically at the auction site.
b) You are protected against any gross misrepresentation
c) You have a greater choice of used cars to select as against one public auction.

More from Financial and Loan News


Created May 23 2012

Motor complaints 'reflect tough economy' Image The past financial year's 26% rise in car insurance complaints from customers is "likely to reflect the tougher economic times", the Financial Ombudsman Service (FoS) said.

More from Financial and Loan News


Created May 21 2012

Aston Martin sold for £1.2m Image A rare Aston Martin has gone under the hammer - selling for more than £1.

More from Financial and Loan News


Created May 18 2012

Rise in finance sales boosts car industry Image The car finance market is strengthening and the UK motor industry is reaping the benefits from a rise of nearly a quarter in sales, according to the Finance & Leasing Association (FLA).

More from Financial and Loan News


Created May 15 2012

More people buying vehicles on dealer credit Image More motorists are opting to buy a new car using showroom credit, according to research.

More from Financial and Loan News


Created May 11 2012

Consumer finance confidence 'on the up' Image Consumer confidence in credit cards, loans and car finance schemes are making a slow comeback, according to a new report.

More from Financial and Loan News


Created May 5 2012

Juke-R makes a comeback Image Car giant Nissan has announced it is to restart production of its popular concept car - the Juke-R.

More from Financial and Loan News


Created May 5 2012

New car sales rise Image Car finance enquiries look likely to have risen in April as new car sales levels were up during the month.

More from Financial and Loan News


Created May 4 2012

Garage of the Year shortlist decided Image The 20 most reliable garages in the land have been decided in a public vote.

More from Financial and Loan News


Created May 4 2012

Black boxes reduce premiums Image Installing black box technology in motorists´ vehicles could help to drive down car insurance premiums for female and young drivers, according to a leading politician.

More from Financial and Loan News


Created May 4 2012

Daring to be different Image Motorists who like to stand out from the crowd might want to consider the Hyundai Veloster - which has been unveiled to the public.

More from Financial and Loan News


Used Cars For Sale

Watch our Video FAQs

Loans by Budget

Excellent

Good

Fair

Low

 
£
£
Credit Status Good more info on credit status
Representative APR 7.9% *

Top Used Car Searches

Visitcars.co.uk