Insider’s perspective: Is it better to buy a car on auction or from a dealer?
Auctions can be a fantastic place to pick up a great deal, but what are some of the challenges faced by consumers when buying on auction?
According to Janson Ponting, sales director at WeBuyCars, online auctions provide an easy-to-use platform that enables consumers to find “value buys” from the comfort of their homes. It is not only straightforward and convenient but gives consumers access to multiple vehicles that can be viewed and evaluated simultaneously.
Selection is a big factor
Businesses use auctions to promote special prices, liquidate large quantities of stock and promote unit sales resulting in auctions giving consumers an opportunity to find a vehicle for much less than they would ordinarily pay when buying a vehicle off the showroom floor.
Technology also plays a significant role in buyer’s choice
Premium online auction platforms provide high quality 360° photographs of the interior and exterior of a vehicle, together with independent mechanical condition reports to support consumers in their quest to find that special vehicle.
Yet Ponting cautions that as always, consumers should take the time to do their homework before deciding on a pre-owned vehicle and this is especially true for vehicles purchased under auction terms and conditions.
The pros and cons of buying on auction is a long-standing debate, and it’s particularly relevant at times like this.
www.iol.co.za