Field research is the best way to learn, so head out to a few auctions well before you plan to purchase your motorhome.  Take note of the process, get a feel for the boats for sale, and talk to other bidders.  One think you will probably hear from many seasoned bidders is the need for a ceiling bid. Emotions can run high at auctions, and it is easy to get swept up and end up bidding more than you want to or can afford to pay.  To avoid that, determine your maximum bid well ahead of time, and then just walk away when the bidding exceeds that amount.

Once you are familiar with the auction, it is time to get familiar with boats.  Read through boating magazines and try to get a sense of the approximate values of your target vessel.  You will also need to inspect your boat before you bid on it, so either learn all about what’s under the hood, or plan to bring a mechanic with you. You will likely not get a warranty or guarantee with your auction purchase, so it is important to know exactly what you are purchasing.

Buying a boat from an auction is not only a great way to save money, it can also be a lot of fun.  The proper preparation will ensure that you get a great deal and have a good time.