Classic car auctions are the first place you need to look if you’re the type of person that has been saving up all your money, ever since you were a kid, for the car of your dreams.
Classic cars are timeless, and they will always appeal to everyone, regardless of age, gender, or status. Just seeing one pass by would already give you the thrills; owning one is a totally different experience, one that doesn’t compare to owning other material things in this world.
Classic car auctions are different than ordinary car auctions because it appeals and caters to individuals who are willing to spend a lot of money for their love of classic cars. These auctions usually span two to three days in a row, and the cars are lined up to give auction-goers and potential buyers a better view of each car.
If you are interested in taking home a car from one of these auctions, you can wait for the actual auction to begin, or you can just buy the vehicle right on the spot for the owner’s asking price. There is no definite time and location for these auctions so you need to get as much information as you can if you want to participate in one.
As mentioned earlier, the time span normally allotted for these types of auctions is two to three days. On the first day, the cars are first shown to the potential buyers, bidders, and curious spectators. On the second day, the interested buyers and bidders get to test drive the cars they like in a nearby testing stage.
The last day will be allotted for the actual bidding and occasional buying of the cars. You should take note when it’s time to bid for the cars so that you bid on it at the right time.
There are also fast-paced car auctions, wherein the cars being auctioned are shown running and then automatically be auctioned off. After a winning bid is placed, it will immediately be replaced by a new one and the bidding will commence soon after. These classic car auctions are commonly featured on television and in magazines.
However, the first type of auction is usually for invitational events, for example, an exclusive event of a classic car motoring club, wherein members and friends of members are the ones invited. Unless you know people who can take you to these auctions, you have to look for other ways to go in.
The second type, which is advertised on TV and magazines, could be excessively priced compared to the first one.