Buying a Classic Car at Auction:

Buying a classic car at auction in Australia is one of the most exciting ways to own a piece of automotive history. Whether you're after a Holden Monaro, a Falcon GT, or a vintage Porsche, auctions offer a rare opportunity to find collectible vehicles at competitive, market-driven prices.

In this guide, you’ll learn how to buy a classic car at auction in Australia, what to look for, how to prepare, and why Chicane Auctions is the ideal place to start your journey.

Why Buy a Classic Car at Auction?

Classic car auctions give you access to vehicles not typically found in private sales. You get the benefit of curated listings, market-based pricing, and transparency throughout the bidding process. For Aussie enthusiasts, auctions are often the best way to buy unique, well-presented vehicles with history and provenance.

Choosing the Right Auction House

Not all auction houses are created equal. If you're serious about classic cars, buying from a specialist is essential.

Chicane Auctions is one of Australia’s leading classic and enthusiast car auction platforms. Their events feature a carefully selected lineup of investment-grade vehicles, from Aussie muscle to European and Japanese classics. The team is made up of true enthusiasts, offering deep market knowledge, honest descriptions, and seamless support from start to finish.

Do Your Research

Before you start bidding, research is crucial. Browse the auction catalogue ahead of time, check vehicle details, and look into market value using sites like RedBook or past auction results.

It’s also important to consider the total cost of ownership. That means factoring in the auction’s buyer’s premium (usually 5–10%), stamp duty, vehicle transport, potential restoration costs, and insurance.

Inspect the Car in Person

Chicane Auctions often offers public viewing days. If you can attend, take the opportunity to inspect the vehicle up close. Look over the paintwork, interior, engine bay, and undercarriage. Don’t be afraid to ask questions or bring someone experienced to help assess the car’s condition.

Understand the Auction Process

To participate in an auction, you’ll need to register as a bidder—this is quick and free via Chicane’s website. Bidding can take place in person or online, and the platform is easy to use even for first-time buyers.

Make sure you’ve read the terms and conditions carefully. Understand how bidding increments work, when payment is due, and what fees apply. Also, consider pre-arranging vehicle transport if you're bidding from interstate.

Bid Smart on Auction Day

Stay calm and stick to your budget. Set a maximum bid before the auction begins and don’t let the adrenaline of the moment lead to overbidding. Pay attention to other bidders and place your bids clearly and confidently. If you don’t win, there will always be another auction—and maybe an even better car.

Finalise the Purchase

If you’re the winning bidder, be ready to pay a deposit immediately. You’ll typically have a few days to settle the balance. Chicane will assist with the next steps, including documentation and recommendations for vehicle transport.

Ensure ownership transfer and registration are handled properly. You’ll also want to arrange classic car insurance before taking your new pride and joy on the road.

Insure Your Classic the Right Way

Classic car insurance is different from standard car insurance. You'll need a policy that reflects the agreed value of the vehicle and considers its limited use. In Australia, insurers like Shannons, Ryno, and Enthusiast Motor Insurance offer specialised policies for collectible cars.

Common Pitfalls to Avoid

Don’t bid without doing your homework. Ignoring a vehicle’s history, underestimating restoration costs, or getting carried away during the auction are common mistakes. Working with a trusted auction house like Chicane significantly reduces these risks thanks to their transparent listings and commitment to quality.

Final Thoughts

Buying a classic car at auction in Australia can be incredibly rewarding. With the right research and preparation, you can land a dream car and enjoy the thrill of the hunt.

If you're ready to make your move, head over to Chicane Auctions to view upcoming events, register to bid, and start your journey into classic car ownership today.