Read this articles about downside about buying a car at an auction – more details about how to time your bid and check the car first.
Or the sense of loss and self-criticism when it isn’t and you look enviously at it as your bidding rival takes possession. Or the dread of feeling you have paid far too much. It can all be intoxicating.
The potential to hunt down a bargain and cut out the ‘middle-man’ gives it a potent mixture of motives. But like everything else in life and in business there are upsides and downsides.
Everyone loves the buzz of an auction. The bidding, the decision to raise the hand one more time, the adrenalin surge when that car you’ve had your eye on is finally yours.