If you are interested in buying or selling a vehicle, doing it through one of the Imperial car auctions is a good way to find your perfect vehicle or get the best price for a vehicle sale. Going through an auction is a great way to find a great second hand, brand new or repossessed vehicles. There are always a range of different brands to choose from and a range of different makes and models as well.
There are many Imperial car auctions happening all over the country quite regularly and it is likely that you will find your perfect vehicle at one of their events.
About Imperial Auto Auctions
The Imperial Auto Auctions company (IAA) was founded to service Nedbank’s MFC, one of South Africa’s largest vehicle finance houses, and as a disposal centre for the Imperial Rental Fleet Division. Although the auction industry is one of the least regulated and therefore open to exploitation and dishonesty, Imperial Auto Auctions is well-known as a reputable, trustworthy auctioneering house. This is because Imperial Auto Auctions is linked to the Imperial Group.
Why it is better to buy a vehicle through an auction
Buying a vehicle through an auction holds several benefits over buying a vehicle through any other avenue. Firstly, when buying a vehicle from a dealership or from a private seller, there is a price set that cannot usually be negotiated. Often, this price is extortionately high and the quality of the vehicle does not match the price being charged.
In an auction situation, the potential buyers decide the price that they are willing to pay for the vehicle on sale. Through an auction, buyers will be reassured that they are not dealing with a dealership or private seller that is willing to do anything to get as much money as possible for the vehicle they are selling. Often, these sellers will hide faults and other problems from potential buyers, but in an auction situation there is no one seller to deal with.
It is also possible to buy repossessed vehicles through Imperial Auto auctions. Repossessed vehicles are those that have been taken away from previous owners by the financial service providers that serviced their loans. This is done because the first owner did not make their monthly loan repayments to the bank that financed their vehicle loan. Repossessed vehicles are great buys as they are generally affordable, but are still quite new. Some of them may still have their warrantees intact saving you money on maintenance and repair and others may have their service plans intact, saving you even more money on maintenance and repair.
To sum, if you are looking for an affordable vehicle that still has a lot of value and time left in it, shopping for a vehicle at an auction is always a good idea.
How auctions work
At an auction, you will be allowed to view the vehicles that are for sale on the website or through a catalogue. Usually, a day or two before the auction you will be able to view the vehicles and inspect them thoroughly. This will enable you to make informed decisions at the auction. After registering at the auction you will be able to bid on vehicles on the day.
What to remember when shopping for a vehicle at an auction
Make sure to set a budget and stick to it. In an auction situation you may be tempted to go over your limit but it is important to remember that your budget is very important. It is also important to decide exactly what vehicle you want before you go looking for it. Make sure that you inspect the vehicle properly before bidding on it as you do not want to make a decision that you will regret later on.
Finding an Imperial Auto auction near you
There are auctions taking place in Gauteng and the Western Cape quite regularly and you can find out more details on the Imperial Auto Auctions website.