[Scuba Steve]

Originally Posted by onewhippedpuppy

I buy exclusively online through simulcast auctions, which is basically a live auction that is also broadcast online. You can bid online in real time, or set a maximum bid and the computer will automatically bid for you. This makes is possible for me to buy a car while at work, and never look at the computer. Most of the live auction cars have 3rd party condition reports, which are the only ones I will consider. It removes most of the risk of buying sight unseen, thus far I haven't been surprised. Savings are good but not as much as many think, especially on nice clean cars that have multiple bidders. Average prices are essentially trade-in price. I do well on Porsches because I see the stuff that others don't, like the value of an Aerokit or other desirable options. I also add a lot of sweat equity when I catch them up on maintenance, fix the little issues, detail, etc. I have bought some very nice cars at auction.

Interesting - sounds like the same or a bit better than savings from regular private party sale with the PPI taken care of. If I didn't already have too many cars it sounds like a great way to buy a car.