It's no secret that buying a brand new car in Brazil is an act of courage. However, have you ever considered the possibility of participating in an auction of damaged, brand new cars?

As we've already shown you here, buying a brand new car in Brazil today has two problems:

The first problem is the price, and the second problem is the waiting list. 

When buying a car, many people end up opting for pre-owned or used vehicles.

However, the demand for vehicle auctions has been growing significantly in recent times. 

Auctions are a great and affordable way to buy vehicles. 

One type of auction that few people know about is the auction of brand-new, damaged cars. 

In today's article, our experts will introduce you to a type of business that is a real opportunity, however crazy that may seem. 

Interested in buying a brand new car and paying up to half the price?

So, you need to read today's article! 

As the name suggests, it's easy to understand:

A damaged auction car is a vehicle that has suffered some kind of damage while still in brand new condition. 

Therefore, it cannot be sold for the price of a brand new car!

However, in order not to lose money, the car manufacturers put these cars up for auction and retain some profit margin.

In other words, they are not suffering any losses whatsoever. 

Damaged vehicles have different origins. 

Auctions of damaged, brand-new vehicles include cars that have suffered damage in the following situations:

As with any other type of auction, the main benefit of auctioning brand-new damaged cars is the value of the vehicles.

Like other types of auctions, the cars sold in this type of transaction are much cheaper. 

It's relatively common to pay up to half the price for a car sold at salvage auctions. 

The good condition of the vehicles is another factor that makes the business viable.

In some situations, even the most trained eyes have difficulty finding the defects in cars. 

Although auctions of damaged cars are called that, it's merely a formality. 

In the vast majority of cases, the damage is minimal. 

It is very difficult to find damage that is more serious than scratches, dents or cracks. 

And that's a positive point that should be taken into account.

Besides the prices and the state of preservation, this type of auction has little competition. 

That's because, due to the name, "damaged," many people think the vehicles are in poor condition, which is not true. 

So, if you want a vehicle in brand-new condition, know that auctions of damaged, brand-new cars are a great place to visit. 

However, even though it's a business full of benefits, that doesn't mean you shouldn't be careful.

Now that you know the benefits of an auction of brand new damaged cars, it's time to pay close attention to another point. 

Although this type of purchase is full of benefits, some points require attention!

In fact, we've outlined four key points you need to consider before bidding on damaged vehicles at auction.

So, shall we begin?

The first thing you should do is check what type of damage the car has. 

As we mentioned, in most cases the damage is minor and even difficult to notice. 

However, in some situations, the damage may be a bit more extensive, requiring bodywork and painting services. 

Therefore, it's necessary to know what the problem is in order to have an idea of how much it will cost to "fix" the vehicle.

This is just as important for those who are going to buy the car for their own use, as well as for those who intend to resell it. 

Therefore, when participating in this type of auction, the first thing to do is to take a look at the type of damage. 

Although this tip is somewhat clichéd, it never goes out of style. 

You'll find all the information about the vehicle in its advertisement. 

An important point when reading the advertisement is to ask yourself if the vehicle in question is what you want. 

Typically, auctions of damaged vehicles have several different examples up for bidding. 

And since there's less competition in this type of business, ideally you should consider more than one option. 

Furthermore, paying attention to the announcement is a very important point. 

That's because the official announcement will provide you with information of the following nature:

Starting bid for the vehicle, origin of the car, type of damage, date and location of the auction. 

Therefore, a good tip here is this: don't enter an auction without reading the announcement or notice. 

If there is no public notice, do not participate in the auction. 

This is because the public notice is what legalizes and guarantees the occurrence and security of the auction. 

Today, a large number of people have access to vehicle auctions. 

While this is positive, caution and attention are needed. 

With auctions becoming increasingly popular, unfortunately, the number of scams in this type of business has also become common. 

Therefore, one of the main precautions to take is to look for a reliable auction house.

The good news is that this is a simple task. 

The first tip is to check if the auction house has the Secure Auction Seal. 

The Secure Auction Seal is a great guarantee that the company is safe. 

Another good strategy is to check if the auction house is registered with the state's commercial registry. 

Only auction houses registered with commercial registries can operate in this sector. 

And lastly, a well-known but extremely useful tip is to check if the company actually exists. In other words, if there is a real physical address. 

This can be done through the popular Google Maps, or through social media. 

Therefore, only proceed after confirming that the auction house is truly trustworthy. 

And our last tip regarding maintenance is that you go see the car in person, along with a mechanic you trust. 

This tip is important because auction vehicles cannot be started or driven before being purchased. 

Unfortunately, there are still many people who don't know this.

Even though these are brand new vehicles with defects, it's always good to get a professional opinion. 

Trained eyes help prevent unpleasant surprises and unexpected expenses. 

Yes! 

Participating in an auction of brand new damaged cars and winning a bid is a great deal. 

However, it is a purchase that requires attention and care, but which most of the time ends with a great story.

Interested? 

Want to know where to find a damaged auction item to bid on? Then just click below.