Belt Auction - how much money would you bring to an auto auction?

how much money would you bring to an auto auction?

i've never been to one, i really wanna go check one out. i need a car and don't want anything fancy, i don't even really care what it looks like as long as it runs. how much money would you bring?

Public Comments

for about $1000 you can get a decent car that runs good at an auction.
One to two thousand. Cars usually have a minimum going price of $500 or so.
$8,000 cold hard cash i would get like a 2001 ram v-6 or something
only bring what you are willing to spend. it is hard to say what a car will go for. a car can go for say 300 dollars one day. then the next day the same car could go for 50 dollars. depends on how many people are interested in it. hope this helps!
that depends on what year a car. but a thousand dollars will get you a decent car, take someone with you to check out the car they are sold as is. pick out at least 4 different cars in case you are out bid.
As much money as you have budgeted for your new car. Take only what you can afford to spend.
I am assuming you mean a public auction, not a dealer auction. You might benefit from buying at a dealership, as a cash deal on a cheaper car because there is recourse if something happens. Dealers are required to stand behind what you sell and the state enforces it (implied buyers warrant in most states) The problem is you stated you want a car that runs, well it may run, but there are so many things to deal with on cars, what if it doesnt stop for example? Be careful, auctions you have NO recourse. And personally I think they over pay at public auctions and a little work you can find a cash deal at a dealership and know its been looked at. As a licensed dealer when I go to public auctions I always wonder where these people come from and why havent they been on my lot with their cash?? You can find one at a dealer if you look hard enough and you would have some recourse if something happens to it after you buy it.
About $1000. Don't be cheap, the prices can get high in auto auctions.☺