[header] How to buy a boat at an auction [title] Sleep on it for at least 24 hours. [step] A boat is a major purchase; it should not be made in haste. This is where most people get in trouble. 
The best deals are made when you can confidently and without regret, walk away from the bargaining table. At auction, if you are being impetuous, you will bid the price up higher than you really should.