Hi, i am looking to buy a truck on auction. Can you tell me anything about how to find the truck's HP and also if the engine is good?
Advice on purchasing truck on auction
Discussion in 'Experienced Truckers' Advice' started by AFF888, Aug 11, 2021.
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Call the auction company that has the auction and ask them..
And hope they know..Good luck getting the info because their favorite answer is.... " I DON'T KNOW..
That way they aren't lying..they also will inform you that you will be buying it .. AS IS WHERE IS..again too cover their ###
JMO I would not buy a truck on a auction unless I laid eyes on it myself before auction time
Trucks at a auction are usually there for a reason unless it a complete dispersal of 1 owners equipment.. a consignment sale has red flags all over it in my bookLast edited by a moderator: Aug 11, 2021
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RigDig.com has information, but you may not have time to check it at auction.
Team818 Thanks this. -
Buying at auction, better buy it right.
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Check the engine oil to see if they just changed it. If that's the case run for the hills...
Team818 Thanks this. -
A company does not sell a truck that is making money they sell off there out of warranty problems
If the company has gone BK due you think the maintenance has been done correctly
if the company is just shutting down due to owner retiring you can bet the best trucks went to friends
In the past before the 2010 smog trucks if the motor was bad 25K and you have a full reman with a warranty now a complete reman with new fuel pump, turbo,injectors,EGR will cost 40K plus another 25k in smog equipment and you have not dealt with the can bus wiring.
If you like working on trucks and have the tools then lowball the truck you want and maybe you will get lucky or go to Vegas and bet it all on one roll at baccarat your odds are better in Vegas that a 50k bet will win you 50k than a 50k truck won't cost another 50k in repairs and down time to make it dependable.
And to your question most engines have the HP and torque on the data plate on the motorTeam818 Thanks this. -
Oh, be careful with that. Auction is the last place for unsold trucks, and usually garners the bottom of the barrel. Don't get me wrong, some smokin' deals can be had today especially as society crumbles, just make sure you know what you're getting. Many times, you don't have time to get oil samples or a good inspection, so it better be cheap. With the inevitable repairs auction vehicles usually need, you don't gain anything.
Team818 Thanks this. -
Every one who sells a used truck is hiding something .
But less so at auctions since you usually can’t inspect it very closely.
You can’t pull the valve cover to look at the cam lobes etc .
There are some good deals to be had , but if it’s a truck that’s normal worth $45k
, it needs to sell for $16k at an auction to leave you room to fix everything that could be wrong.
which is why usually it’s used truck dealers and flippers at auctions , they don’t care if the truck needs major repairs, as long as it looks good and Runs long enough to get sold .Team818 Thanks this. -
If your dead set on buy'n at a auction here a bit of FREE advice .. I have bid on trucks at auctions a fair share but I only bid on a certain model and they tend to show up at auctions because of their age..
My free advice is
1...bid with your brain ..not your emotions
2. Set a limit before it sells stick to your limit
3 bid half of what is worth on the open market knowing that it has issues
4 never think your going to buy a truck drive it home and put it to work immediately
And 5th..... what ever you bid make sure you have that much more in cash to spend on it other wise you will have a truck you thought you bought cheap but no money to fix everything you found wrong and there you will sit
Last bid knowing that you like spending money and you like surprises and you like working on truckstarmadilo Thanks this.
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