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Car auctions in one volume
Car auctions in one volume
Description
Book Introduction
Now is the era of 'car auctions'!
Practical financial know-how revealed, easy even for beginners.

Recently, 'car auctions' have been gaining attention as a new means of financial investment, especially among office workers.
Because you can start with relatively low capital, the process is simple, and the risk is low.
This book catches the eye by summarizing the advantages of car auctions into '3 small (少) and 3 large (無)'.
'3少' means that compared to real estate auctions, the cost is lower, the investment turnover period is shorter, and the risk is lower.
On the other hand, the '3 Nos' refers to the advantages of car auctions, such as no title process, no legal fees, and no capital gains tax.

This book provides step-by-step, helpful information on the actual auction process, including tips for selecting a vehicle, setting a bid price, identifying damaged vehicles, and repair and sale techniques, for readers unfamiliar with car auctions.
It also covers the various auction processes, from researching vehicle history online to on-site court bidding and Automart auctions.
It offers realistic advice, especially for beginners, on what to keep in mind when taking on the challenge for the first time, and even provides specific examples of how to repair and resell a vehicle purchased cheaply for a profit.
It also includes tips on polishing, replacing parts, and repairing yourself, making it highly practical.

The book also includes vivid accounts of people who have actually participated in car auctions.
It helps beginners in auctions experience the atmosphere of the auction scene through various cases, such as the experience of purchasing a horse with a small amount of money and lessons learned after a failed bid.
Whether you're looking for a new, accessible investment guide for everyone—from the average person hoping to buy their first car through an auto auction to a salaried worker contemplating a lucrative side hustle or financial investment—this book will be a truly practical guide.

index
prolog

Part 01.
First Steps in Car Auction Challenge


Chapter 01: A Savory Side Job - Car Auctions
1.
A journey of 30,000 miles in search of a side job
2.
Single-income earners are completely absorbed in car auctions.
Chapter 02 What is an Auction?
Chapter 03 3 Little Things About Car Auctions
Chapter 04 The 3 Nos of Car Auctions
Chapter 05: Beginner's Guide to Choosing a Vehicle
1.
Challenge the car model you are currently using or have used
2.
Target vehicles in the surrounding area
3.
Take advantage of the benefits of a light car
4.
The psychological Maginot Line is 150,000 km.
5.
Only apply for vehicles that can be sold for less than 10 million won.
Chapter 06 You Who Chose LPG

Part 02.
Become a Detective (Investigate Online Items)

Chapter 01 Insurance Development Institute Accident History Information
1.
What is Kahistory?
2.
Glossary of terms for Kahistory
3.
How to use Kahistory
Chapter 02 Vehicle Registration Book
1.
Even cars have resident registration copies.
2.
View your vehicle registration for free at Minwon24.
3.
Examining the vehicle registration book, sections A and B
Chapter 03 Understanding Car Detail Models
Chapter 04 Calculating the Bid Price
1.
Check wholesale and retail prices
2.
Perfect bid price

Part 03.
Challenge! Accident Appraiser (Offline Property Investigation)


Chapter 01 Knowing just the key terms makes you half an expert
Chapter 02 Accident Vehicles VS Accident-Free Vehicles
Chapter 03 All secrets are hidden in the vault
Chapter 04 The Spine of the Car Wheelhouse
Chapter 05 What are A-pillar, B-pillar, and C-pillar?
Chapter 06: The Basics of Accident Identification: Finding the Difference
Chapter 07: Throw Away Your Preconceptions: Rear-end Accidents Are More Dangerous
Chapter 08 Use Your Five Senses
Chapter 09: Long Live Admiral Yi Sun-sin (Looking at Tires)

Part 04.
A Closer Look at Courthouse Auto Auctions


Chapter 01 Are paid sites really necessary?
Chapter 02 How to use paid sites
1.
Try it for free for one day
2.
How to Search Car Auctions
3.
How to use Good Auction
Chapter 03 Tips for Visiting a Car Storage Facility
Chapter 04: Creating a 100-Point Bid Sheet
1.
How to fill out a bid form
2.
How to fill out each envelope
Chapter 05 Going to Court Without Panic
Chapter 06 Axis, Auction!
1.
I can do it on my own pa rt1 (visiting the court)
2.
I can do it alone pa rt2 (visiting the car storage facility)
3.
I can do it on my own pa rt3 (visiting the vehicle registration office)

Part 05.
In-depth investigation of the Automart auction


Chapter 01 What is an Automart Auction?
1.
What kind of site is Automart?
2.
Advantages of Automat
Chapter 02: Challenge the Automart Auction
1.
Sign up 2.
Vehicle Search
3.
Private Auction 4.
Vehicle Inspection Report
5.
Visit the vehicle storage facility 6.
Place a bid
Chapter 03 Bidding and Acquisition Procedures
1.
Mock Bidding 2.
Auction
3.
Required documents 4.
Vehicle takeover

Part 06.
Decorate it cheaply and sell it for a profit


Chapter 01: Good-looking rice cakes sell out quickly.
Chapter 02 Repairing on the cheap
1.
Zipats
2.
In search of a master
3.
Myself Gloss/Coating
4.
Upgrade
Chapter 03 Selling it in a salty way
Chapter 04 Direct Transactions Are the Trend
Chapter 05 Various forms related to trading
Chapter 06 Easy-to-understand transfer procedures

Part 07.
I Can Do It Too (Car Auction Case)


Chapter 01 Someday I Will Win the Auction | Marado
Chapter 02 Go! To the Other World… | Yoo Ji-hoon
Chapter 03: Small-Sum Car Auctions | Yuknam Maedui
Chapter 04 I Failed at a Car Auction | Challenger
Chapter 05 I Got a Horse Too! | Cruel Rabbit
Chapter 06: A 40-something Type B Woman's Car Auction Success Story | Ululala
Chapter 07 Dog Dream… | Andrew
Chapter 08: The Aesthetics of Waiting | Do-kyung's Dad
Chapter 09: An Unforgettable Car Auction | Smile Big

Epilogue
Appendix Addresses and bidding times of each court

Into the book
Apartments don't have wheels, but cars have wheels and can go anywhere there's a road.
In other words, the reason why car auctions take a long time is because when a creditor applies for an auction on a debtor's car, there is a possibility that the debtor may hide the car, so there is an additional series of steps involved compared to a real estate auction.
In other words, the creditor needs to hand over the car to be auctioned to the bailiff in order to prevent the debtor from driving a wheeled car and hiding it in a distant place. Therefore, before applying for the car auction, the creditor applies for a delivery order to hand over the debtor's car to the bailiff and apply for a forced auction.
--- p.22

When I look at the car sales description, I never see any opposing tenants or any rights such as injunctions or liens that can be taken over, which are common in real estate auction sales descriptions.
As such, car auctions are a great fit for beginners who are just starting out in the auction world due to their low risk.
--- p.29

The most important thing is to set the bid at about 500,000 won higher than the wholesale price. If that amount is higher than the best bid price calculated based on the retail price, then that car should obviously not be put up for bidding.
Anyway, the world is big and there are many items for auction.
However, to bid until the end with a longing for something that will not bring in profit is as foolish as clinging to a first love who has left.

--- p.90

Just as the spine is important to humans, the wheelhouse is important to cars.
For that reason, used cars that have had a major accident in the front and had their wheelhouses replaced cannot be sold for a fair price.
The wheelhouse is an important part that can be called the spine of the car, just like the inside panel.
Therefore, if the car frame is deformed due to the impact of an accident, sheet metal work is done or, in severe cases, the deformed part is cut and then welded into a new part.
--- p.102

Car auctions offer greater benefits than real estate auctions, and you can get them on paid sites.
In car auctions, you have to bid on 10 items to win 1 bid, visit a car storage facility to inspect 100 items to bid on 10 items, and to inspect 100 items at a car storage facility, you have to look at the car registration ledger and the used car accident history information report of Car History for 1,000 items.
Of course, even though the vehicle registration book can be viewed for free, the used car accident history information report from Car History costs 2,200 won per case, including VAT.
Even if you save this, you will still be able to recoup the cost of using the paid site.
--- p.124

Publisher's Review
car auction,
Special secrets revealed, from beginner to practical!

'Part 01.
In 'First Steps to Car Auction Challenge', the basic concepts of auctions are explained in an easy-to-understand manner, starting with the real-life background of how an office worker looking for a side job decided to take on the challenge of car auctions.
Additionally, it introduces the '3 small, 3 large' aspects of car auctions, helping those who are new to auctions to easily approach them.
It also contains practical advice, including tips for choosing a vehicle for beginners.

'Part 02.
Let's Become a Detective (Online Property Research) covers how to research vehicle information online before actually bidding.
We will guide you through how to check accident history, owner information, and delinquent tax history using ‘Car History’ and ‘Vehicle Registration Book’.
It also provides tips on how to accurately identify a vehicle's specific model and strategies for calculating a bid, emphasizing that half of auction preparation lies in online research.

'Part 03.
Challenge! Accident Appraiser (Offline Property Investigation) introduces a method for determining whether a vehicle has been in an accident by directly examining the vehicle.
Starting with the basic terms needed to identify a car accident, it carefully explains the areas that need to be checked, such as the wheelhouse, A/B/C pillars, and paint condition.
Additionally, it provides detailed offline assessment tips to avoid mistakes in real-life situations, such as the risk of rear-end collisions and how to check tire condition.

'Part 04.
'Court Car Auction In-Depth Exploration' guides you through the entire court car auction process.
It covers in detail the practical knowledge needed for actual bidding, from how to use auction information sites and tips for visiting vehicle storage facilities to how to fill out bid forms and envelopes.
It provides a step-by-step guide to the process from winning the bid to taking possession of the vehicle and visiting the registration office, and serves as a friendly guide so that even beginners can participate in the auction on their own.

'Part 05.
In "Automart Auction In-Depth Exploration," the features, advantages, bidding process, and vehicle inspection report verification methods of the Automart website, an online platform, are explained in order, helping anyone easily participate in auctions in an online environment.
We also provide guidance on post-bid acquisition procedures and required documents so that you can apply them immediately in practice.

'Part 06.
'Selling a vehicle for a profit by decorating it cheaply' contains practical strategies for turning a vehicle you win an auction for into a profit.
We introduce ways to repair and decorate your vehicle to make it look good, as well as inexpensive repair methods.
It also helps maximize profits by organizing the entire process of selling a used car, including things to keep in mind when selling it directly, how to write a sales contract, and even the vehicle transfer process.

'Part 07.
In 'I Can Do It Too (Car Auction Cases),' readers are provided with motivation and practical experience through various cases of people who have actually participated in car auctions.
It contains realistic lessons and advice that beginners can learn from vivid stories, such as the joy of winning the first bid and failure due to mistakes.

The appendix contains addresses and bidding schedules for each court across the country, which can be used for practical participation.
GOODS SPECIFICS
- Date of issue: June 23, 2025
- Page count, weight, size: 292 pages | 152*225*20mm
- ISBN13: 9791194223825
- ISBN10: 1194223826

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