Geez, there’s just so little “real” information on open-to-the-public car auctions and the many web sites that claim you can buy cars for as little as $100 … or pay just 90% of retail. You’ve probably seen them … lots of hype.
It’s a shame they oversell themselves because there are indeed opportunities to save a lot of money.
And while I happen to be a member at four of these sites, and they’re most definitely worthwhile (some more than the others), the marketing hype can’t help but create false expectations for many people outside the industry.
And if you do a search on Google to try to find some information or reviews of these sites, it’s unlikely you’ll find anything realistic … just alot of “click here to save 90%” hoopla. I’ve tried extensively and the results have been pathetic.
But again, I’m not saying that there’s not really good deals at these auctions. There are. But they make it sound like you join today, either bid on an online auction or go to an auction this afternoon and then drive off in your beautiful 2005 Audi TT for $500...