How to Offset the Rising Cost of Living by Shopping at Auction

Monday 2nd May 2022 - Cara Bentham


How to Offset the Rising Cost of Living by Shopping at Auction

Check out some ways to spend less by heading to auction!

If, like many of us, you have been feeling the squeeze in your finances due to the ever-rising cost of living, you may be looking for more creative ways to save money. Shopping at an auction can be a great way to help you do this. 


Save money on larger purchases


You can save substantial amounts on bigger, pricier items such as cars, furniture, and property by shopping at auction. These high-priced items can sell for much less at auction compared to what they retail for new or on other platforms. If you are looking to make a large purchase like this, be sure to check out our upcoming auctions to see if the listings have what you are looking for. There is often no set asking price (although some items do come with a reserve), so you stand a chance of getting a real bargain. Set a personal limit and try not to exceed this on the day – you never know, you could walk away with your dream item at a fraction of what you expected to pay. 


Save money buying preloved items


Items sold at auction are typically preowned, which means you can save a tidy sum compared to buying new. If you have something in mind you need or want, it's always worth checking whether you can find it in upcoming auctions. Many of the items sold at auction are in fantastic condition, which means you won't have to compromise on quality just because you spend less. You can always read the auction listing, check out the images or visit local auction houses to inspect the quality for yourself before placing any bids. 


Save money on gifts


Auctions are a fantastic place to find unique gifts for any special occasion. You can find beautiful jewellery, antiques, musical instruments, artworks, ornaments, and much more. The great thing about buying gifts at auction is finding rare pieces that you just won't get anywhere else. 


Our search feature allows you to look through all of our auctioneers' upcoming auctions by keyword. You can just type in what you are looking for and browse the relevant catalogue listings from each of our auctioneers. 


If you havee something specific in mind, why not set auction alerts and get notified when items get added.


Avoid impulse purchases 


Bidding in online auctions can help you avoid impulse purchases. You can search for what you're looking for in your own time from the comfort of your home. This allows you to do all the research you need and avoid overenthusiastic salespeople who may try to convince you to buy things you don't really want or need or spend more than you would like. By searching for the specific items you want, you can avoid the impulse purchases that are so easy to make when browsing stores. In addition, online auctions can help you save money on travel costs you may incur by leaving the house to go and look around shops. 


If you're looking for more ways to save money so you can offset the rising cost of living, consider buying items at auction. If there's a specific item you're looking for, use our search function to see if you can find it in the listings from a wide selection of auctioneers.