Buy a Repossessed Car
The best place to buy a repossessed car is at a car auction. A car auction works much in the same way as a housing auction, using a bidding system. Some cars may have a guide price and a reserve price on them. Once the hammer has gone down the sale is legally binding. It is important that you are knowledgable on the market prices and you check the vehicle thoroughly before bidding. Amateurs often end up paying overinflated prices when attending an auction. We recommend viewing an auction initially to familiarise yourself with the process before you begin bidding.
Below is a list of links to recommended auction sites. Alternatively you can search the whole UK by location categories in the bottom right of the page.
UK Government Auctions – www.governmentauctionsuk.com (In our opinion, this is by far the best online resource for repossessed cars)
British Car Auctions – www.british-car-auctions.co.uk
Manheim Auctions – www.manheim.co.uk
Birmingham Car Auctions – www.birminghamcarauctions.co.uk
Auto E-Bid – www.autoebid.com
Auto Insider – www.autoinsider.co.uk/uk_auctions.php
Central Car Auction – www.centralcarauctions.com
Autorola – www.autorola.co.uk
Classic Car Auctions – www.classic-auctions.co.uk
Scottish Car Auctions – www.scottishcarauctions.co.uk