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Selling my old car to fund an auction purchase - best order of operations?

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selling-car cash-flow auction-planning
Post subject: I want to upgrade and buy through an online auction, but I need the money from s...
Posted: 3 Oct 2025, 11:26 pm Topic Author
I want to upgrade and buy through an online auction, but I need the money from selling my current car first. What's the smarter order here? Do I sell my current car first and risk being without a car while I wait for a good auction deal? Or do I bid first and figure out the sale after I win? I know the auction requires a deposit after winning, so I'm trying to line up my cash flow. Anyone navigated this before?
Posted: 12 Oct 2025, 8:20 am
I got my current car appraised first so I knew roughly what I had to work with, then bid with that budget in mind. Once I won, I sold the old car while the new one was being shipped. Worked out fine.
Posted: 20 Oct 2025, 5:13 pm
List your current car a week or two before you plan to bid. That way you have offers in hand and know your actual budget, not a guess.
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