We've all seen them: guys who get mind-blowing deals on some very proper rides. Or, more accurately, we've all heard them. They always seem to make a point of loudly telling their buddy what a steal it was, making sure that anyone within a 50-foot radius hears about it, too.
On the one hand, it's tough to blame them. Who hasn't wanted to crow about saving money? On the other hand, there's something to be said for subtlety and keeping figures to yourself. After all, for many years Rolls-Royce only quoted their cars' horsepower specs as being "adequate."
Whether or not you advertise your savings to the world is a decision we'll leave to you. But first things first: You need to seek, find and acquire. Auctions can be an excellent way to find used luxury cars selling at a fraction of their retail value. Just remember to do your homework on your top picks, like you would in any other buying scenario.
That said, if you have the funds in hand and are willing to bid shrewdly on a car you haven't even been allowed to test drive, the reward may outweigh the risks. Here are some types of auctions to get you started.
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