Car auctions can be fun. But serious buyers come prepared with information and a bidding strategy.
For example, according to Mitch Katz, “Serious buyers set a maximum bid price and stick to it. They know there will be additional fees, including the auction house commission, taxes, insurance and transportation. Unless they are paying with cash, they obtain pre-approval from a financing source before the bidding begins.” Click to read the full article.
Image Source: 1930 Duesenberg Model J Dual-Cowl Phaeton (sportscardigest.com)