Every auction has different policies, but speaking for most auctions the rules are usually the same. Once you register with the auction of choice (you may register with as many as you desire) you will have the privilage of bidding on various products at wholesale prices. some items sell for 10 cents on the dollar compared to their real value. once the item is purchased, the auction expects you to have a method of payment. Most auctions are as is, once you purchase the item, it is yours. However; car auctions, mechanical auctions with power train equipment will have warranties on the vehicles you purchase. you will need to have the vehicle inspected to determine the mechanical worthiness within a specified period of time. if the vehicle is deemed unreliable, the transaction can be cancelled by you as the buyer. All auctions have different but similar policies. Please read the rules and policies before purchasing any product from their establishment. in a nutshell, the rules are simple;

1) read the rules and policies from each auction you attend before buying anything.
2) Perform a degree of research on the item you wish to purchase.
3) Determine the value before buying.
4) Complete a thorough inspection of the item after the purchase.
5) If applicable, have a completed post sale inspection on the vehicle. 6) Enjoy your new purchase, or the profit that will most definitely originate from the resale thereof.

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