Auction Insights: What to Look for When Bidding

Every auction car is identified by a Lot Number. It's essential for tracking a car’s details and bidding status. Before attending an auction, take note of the Auction Date—this is your opportunity to secure a deal.

The Loss Type offers a glimpse into why the car is being sold. It could range from collision damage to flood loss. Verify the Sale Document, as this serves as proof of the car's legitimacy. Look for terms like "Clean Title" or "Salvage Title" for an understanding of what you'll be working with.

Finally, consider the Seller and Location. A seller with a solid reputation or a nearby car location can simplify the purchase process and reduce logistical costs.