Wednesday, October 30, 2019

3 Things To Consider When Bidding in an Auction (For Newbies)

HMR Auto Auction
Okay, I'm not an expert on this matter, the bidding thing in an auction, but I just want to share my first time experience attending an auction, particularly an automobile auction. It's rare for me to witnessed something like this. I find it interesting, exciting, and fun. But of course this is for those who have enough finances. So, let me give you some bits of what I have observed and learned that you may take if ever you'll be going in an event like this.

HMR Auto Auction

Before I share more, let me share first HMR Auto Auction, the company that invited us to witness their auction proper which happened at their new facilities at ACSIE Compound, Main Avenue, KM16 West Service Road, Bicutan. It is believed to be the Philippine's biggest purpose-built auto auction facility. This is going to be a one-stop shop for buyers to bid on a huge range of premium used vehicles, at heavily discounted prices.

HMR Auto Auction

During the soft opening, HMR Auto Auction held an auction showcasing over 150 motorcycles, 8 trucks, and 100+ cars all for live public bidding. On this event that we witnessed a bidding. So what newbies should consider attending an auction like this?

1. Registration. Of course there is going to be a registration and a fee is required to take part in the bidding process.

2. Check out the items for bidding. Right before the auction make sure to check the items. This is for you to decide which item to bid on.

3. Your finances. Be sure to have enough money with you in case you get too fiery with some other bidders. Also, set a limit. This is to hold ourselves to spend more.

HMR Auto Auction

So, these are just my observations, be sure to check out other things to know about bidding to equip yourself.

HMR Auto Auction will have its Grand Opening on December 7, 2019, Saturday, and this will also celebrate HMR Auto Auction’s 3rd anniversary sale. An event not to be missed!

HMR Auto Auction

The Grand Opening will feature over 200 used vehicles, including compacts, sedans, MPV’s, Pick Up’s, SUV’s and light commercial trucks. All from premium brands. To celebrate the milestone, HMR Auto Auctions will be providing plenty of giveaways, promotions and prizes up for grabs for the whole family.

HMR Auto Auction

HMR will also be launching its brand new finance partnership, which will offer affordable finance options for buyers, making the bargains of auction available to more buyers. HMR has worked with a top-tier bank to ensure the process is simple, quick and value for money. Samuel Powell, the CEO of HMR Auctions commented: “We (at HMR Auto Auctions) are pleased to have reached this milestone in our journey; and are humbled by the confidence which the public has placed in our services over the past three years. Our mission was to provide an affordable, transparent and customer focused experience for buyers of used vehicles. With the opening of our new purpose-built facility (in Bicutan) we will be able to grow upon the success of the past, and pave a way towards the future. Our new affordable finance options will allow even more people to experience the thrill and the benefits of our live public auto auctions”

HMR Auto Auction is located at ACSIE Compound, Main Avenue, KM 16 West Service Road, Bicutan, Paranaque City. To join, pre-register at Contact 0917-548-3603 for more information. For consignment inquiries, please send an email to

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