December 7, 2007, Newsletter Issue #115: Online Car Auctions

Tip of the Week

There are many online car auctions. However, like any online auction, the quality of the goods varies and there is always a chance for fraud. If you are set on buying a car through an online auction, make sure you carefully research the site that you are using. Some of these auctions are conducted through government offices, and by and large there goods are described and reported fairly. As for other online auction sites, you should make every effort to research the car that you intend to buy. Services like Carfax offer reliable background checks on cars and it's smart to find out where the car has been before you spend your money.

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