Question by futureweaponmaker: Has Anyone Bought A Repo Auction Car Before?
Is it worth it? was there anything you regret?
Best answer:
Answer by D
Most cars tend to sell for what they are worth. You may get a great deal or a total wreck.
Know better? Leave your own answer in the comments!
also is it okay to resell it after you buy it? I was thinking maybe I could pay down some debt this way.
Im not looking for fleet I am looking for seized
i have been doing research on car auctions, sites such as www.gov-auction.org show that cars such as a 2007 mitsubishi eclipse sold for $3500 is this true, and are these deals prevelant, if you have bought a car from one these auctions, can you tell me your price paid compared to the retail value of the car
Do you want to buy a car of your own but you want it to be as cheap as possible? Well then, better take your chance at the US government auctions!
A Look at the Government Car Auction
The cars being auctioned are those vehicles that have been taken by different government agencies such as the IRS, FBI, USMS, US Customs Service, Small Business Administration, US Bankruptcy Court, US Department of Defense, DRMS, DOE, USDA, and many others.
Hector Milla Editor of the “Best Government Auctions” website — http://www.BestGovernmentAuctions.org — pointed out;
“…You might be asking why they get repossessed, right? Well, for your information the repossession materializes because of the owners’ illegal activities or criminal offenses. These car owners normally fail to settle their auto repayments or evade paying their taxes. Such are some of the solid grounds for the government to seize their vehicles. Also, some of the cars put on auction are the unused or old government vehicles…”
Great Auctions, Great Bargains
Why are these cars sold at about 40% or 70% cheaper than the original selling price? This is a matter that truly needs to be cleared out. The government auctions are far different from the normal selling schemes of the typical car dealers. The latter sells cars to heighten their revenues whereas the government sells the seized vehicles for the purpose of getting an inventory and avoiding the continued storage cost. The storage cost gets larger and larger the longer that the cars stay under their care. Hence, they resort to quick, easy, and cheap selling.
The price of the car on auction depends on how many buyers are interested in it. The more parties placing their bids, the higher the selling price goes.
Starting the Auction Right
Since not all of these auctions get to enjoy mass advertisement, it will be practical for you to locate the private auction houses that are involved. You can dial the numbers of those that are found in the yellow pages and make your inquiry.
Take time to visit the office of the auction house and see if there is something that interests you. You can look into the listings provided too.
“…Take note of the time and date of the auction. Of course, you must set your budget.
It will be wise to be an observer first so as to ensure that you learn all the necessary techniques in bidding…” added H. Milla.
The US government auctions are the best chances for you to get hold of a cheap yet quality car. So, why not start your research now?
Further information about debt relief government grants by visiting: http://www.BestGovernmentAuctions.org
If you’ve heard that you can find anything on ebay, you may have yet another reason to believe it to be true. Car buying has become a growing phenomenon with ebay users, as autos are one of the most popular searches on the website. This may come as a surprise to some consumers, who wonder how they could know if the quality of the vehicle is satisfactory without looking at it in person. Another common question is how consumers get the vehicle once they have purchased it. Ebay auto-sellers have found ways of satisfying their consumers questions, still giving them a great deal on a vehicle.
Sellers answer nearly every question a consumer would have in the auction listing. Here, the consumer can find the mileage, condition, warranty, options, and model information. Consumers also have access to a history report on the vehicle that is connected to the vin number of the automobile. Well-established sellers even take it so far as to having a certification icon that ensures a mechanic has inspected the vehicle. Another important factor to establish credibility is too look at the sellers approval rating, which indicates how other consumers have felt about the purchases they made from the seller.
After reviewing the vehicle information, the big question still remains… how does the vehicle get to the consumer? Consumers generally have two different options to choose from. The first is the simpler of the two, which involves going and picking-up the vehicle from the location it is being sold. The consumer has the option of only looking for vehicles being sold in an area close to where they live, or flying out to the location and driving the car home. Many consumers find that the amount of money they save from purchasing on ebay is worth the cost of a one way plane ticket to get their vehicle. The other option consumers usually have, is to actually have the vehicle shipped to them. The cost of shipping is dependent on how far the vehicle is being shipped. It usually is around $300 to $650 to ship a vehicle less than 750 miles and can be as much as $1,150 for vehicles being shipped more than 2500 miles. Again, depending on how much is being saved from purchasing through ebay, consumers still may find it an acceptable cost.
While ebay continues to be a one-stop shop for nearly anything a consumer could purchase, some online websites are simplifying the process. By creating sites that focus on auction listings for one specific category on ebay, the consumer doesn’t have to search through all the wealth of items found on ebay’s home site. For consumers looking to purchase auctioned automobiles, websites like www.cheapautofinds.com, give consumers a simplified way of navigating through the automobiles being sold on ebay. Both sellers and buyers are finding ebay is a great way to make and save money, while making the purchasing process quicker and more convenient. With the now growing popularity of car buying, consumers can only imagine what they will see on ebay next.
I need a second car and they say it is cheap buying cars from the auction. Is it worth buying one from there? Are they in working condition? Are there any other fees other than the price of the car?
From the ebay Id: waukeganautoauction I bought for a boat and on the listing it said shipping is worldwide, so I went ahead and bidded on the item. After winning the item, I read that the buyer wants the payment in 3 days (paypal not accepted) or else I forfeit the item and I will get a negative feedback on eBay for not paying for the item in time.
So I went ahead and paid for the item. after paying for the item, I realize that to have the item shipped to me is extremely expensive because I live in the Caribbean island of Dominica, and shipping from the USA only happens in Florida, I must have a trucking company haul/carry (Cost me $1000. cheapest) the boat from Illinois to Riviera Beach, Fl then have tropical shipping ship the boat ($2300) to the Caribbean island of Dominica. , the buyer is charging me $25 for each additional day after the end of 7 day which he has the boat in his yard. I found myself in a bad deal on ebay, and the seller won’t accept my calls. Help Please!!!!!
