You don’t need to be a millionaire to buy a car at an auction. But there are some rules.
For starters, according to Mitch Katz, “At many auctions, you’ll need to apply for credentials to participate, and the auction company will likely review your financial situation. Unless you’re paying cash, obtain pre-approval for financing, preferably from a company that specializes in exotic and vintage cars.” Click to read the full article.
Image Source: 1950 Ferrari 166 MM/195 S Berlinetta Le Mans (hemmings.com)