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Watch Quentin Willson reveal his top tips for buying at auction

The Classic Car Show presenter has teamed up with new classic car auction house Classic Car Auctions to provide auction-goers with some great tips for buying at auction. Read his top 10 tips, and then watch his video guide. 

Quentin's top 10 classic car auction buying tips: 

1. In order to be able to bid at auction, you need to register, either in advance or on the day. Remember that you'll need to provide two forms of identification to do this. 

2. If you successfully bid on a car as soon as the hammer goes down you've entered a legally binding contract to buy the car, so don't bid on anything unless you're certain you want it. 

3. Arrange funds in advance, as you have 24 hours after the sale has ended to pay for your purchase. 

4. Decide in advance how you're going to get your new car home; if you're driving it you'll need to sort out insurance, if it's being trailered this too should be arranged up-front. 

5. Do plenty of research before you buy. Some cars have shot up in value in the past few year, and others remain relative bargains. Subscribers to ClassicCarPrice.com can find out about price trends in the ClassicCarPrice.com Compare Trends section. 

6. Aim to minimise the cost of owning your next classic - or even make a profit from it - by picking one that's starting to rise in value. Compare different models in our Trends section to see which are the best buys.   

7. ClassicCarPrice.com has information on all the regularly held auctions in our Auction Calendar section. Use this to see which auctions are likely to take place at annual events across the country.

8. Try doing a Google search for a car's chassis number or regisration number, as this may provide interesting details about its service history and any famous previous owners. 

9. Although you can't drive a car that's for sale at auction, you can check it over fairly well. Start the engine and check for rattles and exhaust smoke, and look at the bodywork and in the engine bay. If you're not mechanically minded, take along someone who is. 

10. Originality is key, opt for a slightly tatty car that's original and unrestored, with a fat history folder and fullly documented history, rather than a freshly restored one. 

Take out a free 30-day trial of ClassicCarPrice.com to discover all price trends:

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By Claire Evans

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