After you have looked over the vehicle carefully, and are satisfied to its condition, set a price in you mind that you are willing to purchase that vehicle for. This is a smart thing to do, because it’s very easy to get caught up in the excitement of the auction, and bid more than you initially thought. You should also take into mind that there is a buyer/administration fee, on top of the sale price of the vehicle. It is also important to remember that this is a wholesale auction, all vehicles are sold as is, where is. When the auctioneer declares sold, and you are the last bidder, you are now the proud owner of that vehicle, and must pay for it in full. There are no exceptions to this.