Do you save money at a car auction?
Although buying a car at an auction is often cheaper than purchasing one from a caryard or in a private sale, auction-related costs quickly add up. You will pay for the car itself, but also registration and buyer fees.
These fees vary depending on the purchase price; some auction houses might charge a flat fee per item. For other vehicle categories, like commercial vehicles, you may pay a percentage of the final purchase value. You'll likely also have to pay a card payment processing charge and cash-handling fees.
Things like after business hours collection are extra. Each day the car remains in storage, you'll have to pay an uncollected car fee. The exact charges vary between auction operators.
