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government auctions? good investment than buying regular??

January 17th, 2012 Monica No comments

Question by flipondizmission: government auctions? good investment than buying regular??
same as tax auctions? okay so if u go to a govt and im sure theres alot of serious buyers..and I heard mostly the houses or autos etc. are not in good shape….but if ur gonna invest wouldnt this be a better way to go than buying regular property off the bat? from what I heard you have to pay the remaining mortgage so how about if u payed someone to NOT pay there mortgage so that u could re sell it and then SPLIT profits??? so in the end u can possibly make more money …would that work or is it more to it buying government auction stuff???

Best answer:

Answer by Doc
You really roll the dice at auctions. You can get dirt cheap stuff, but be prepared to fix it up. Do you homework and you’ll be fine.

What do you think? Answer below!

Used Japanese Cars sold Online are much better than Government Car Auctions

September 12th, 2011 Monica No comments

Yes! People do want to buy pre-owned cars that are in a fairly good condition at the lowest prices. Don’t be fooled by those who say that cars at government-sponsored automobile auctions are highly priced. Primarily, it is illegal for the government to make any sort of profit on the auctioned off cars. Believe it or not, but it is true that one can find a good enough deal at these government auctions.

Before, you go ahead and run to your nearest auction center, you need to be aware of a few facts. Firstly, the used Japan cars that are sold at these government auctions have mainly been forcefully seized from people, who were unfortunately, unable to make their monthly car payments. These cars were either repossessed by banks or other institutions that handed out these loans in the first place.

Secondly, these auctioned off cars may also consist of those automobiles that have been seized from people who were unable to pay their taxes on time. But what you may not have known is that some of these cars may have also belonged to criminals. Overall, these used cars from Japan are terribly old and hence, they may cost very less, but they are definitely not beneficial in the long run.

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There may be a few exceptions, but the daunting fact regarding the history of the cars will always be a lingering factor. Unfortunately, there is absolutely no way to find the maintenance records on those cars. So is there another safer option when it comes to buying used Japanese cars? The answer is yes. In today’s web generation, used cars that are in an excellent condition are being sold online. They stand apart from the cars that are sold at government auctions, for they are well maintained and thus prove to be tremendously beneficial in the long run.

Moreover, you can now choose your used Japanese car online, by model, maker, body type and price. How great is that? Furthermore, it is extremely difficult to get a really good picture of the car that you may want to buy at a government auction. Fortunately, you will face no such problem, if you decide to buy a used car online. But the best part of it all is that if you buy your car online, you would also get a free estimation of the entire cost, which would also include any shipping charges.

In Toto, cars that are sold online prove to be very beneficial in the long run, even though the initial cost may be slightly higher.

Find Japan cars is one of the fastest growing website, that conducts used cars trades, on an international scale. They provide their customers with some of the best deals that are available in the current market. But most importantly, their transactions are completely reliable.

For further details contact: http://www.findjapancars.com/


Article from articlesbase.com

Cars from the USA Salvage Car Auctions Is Much Cheaper Than New Ones

December 19th, 2010 Monica No comments

Government Auctioned Cars – How to Buy Great Cars For 95 Percent Less Than Normal Price!

August 30th, 2010 Monica No comments

Wonder why more people are buying cars despite the harsh economic conditions? Well, in case you have no clue about what is going on, this is what is happening- people are taking advantage of government auctions. Expensive cars, SUVs, and trucks are now cheaper to own through government auctions. Would it sound crazy if I tell you that you could get these cars for as low 95 percent off the normal prices?

These automobiles are seized vehicles, largely from individuals and groups who have at one time or the other defaulted in repaying loans. When these vehicles are seized by government agencies, they are later sold at reduced prices. Contrary to opinions held by some individuals, these vehicles are in excellent conditions, with most of them only a few months to a few years old. The value of these autos cannot be compared at similar prices to the ones on the street.

Before and during auctions, intending buyers are given opportunity to access these vehicles at close range to determine their exact working conditions. Another big plus of buying government auctioned cars is that users can have free VIN checks at auction venues. Perhaps the most interesting secret that might be of great benefit to you is to have an idea of where these auctions are being carried out.

Auctions are carried out at different times, but with many people not knowing some of the venues and times fixed for each auction. The fewer the number of people who know about the auction venue, the lower the bid prices for the vehicles. This is simple to understand; the fewer the number of people attending an auction, the fewer the bid, and subsequently the lower the competition.

These government car auctions might be bad news for some whose autos have been seized, but for some, it brings them opportunities to own cheap vehicles. As the awareness grows by the day, the competition appears to be on the increase too. The competition has become so hot that car dealers have now joined in the race to buy autos at 95 percent less the original price. As the prevailing economic condition continues, more people are likely going to default in loan repayment. This will certainly mean that more autos will be impounded, and more cars auctioned.

Cheap Auto Parts ? Why Discount Auto Parts are Better Than Used Car Parts

June 12th, 2010 Monica No comments

It is extremely common for a car to break down and need a part replaced. Most car owners have already experienced this, and those who haven’t, will do so at some point in the future. Many car owners are also aware that cheap auto parts are available if one knows where to look for them. However, this is where most people’s understanding of cheap auto parts available at discount prices ends. Either most people end up paying premium prices for the parts, or trust that the cheap used car part being installed by the mechanic is indeed the best deal available. But is this true?

Most used car parts on the market today are salvaged from cars that were completely wrecked in accidents. As such, these are some of the worst car parts to use for repairs and replacement. Various studies undertaken on such parts have shown that these parts require frequent replacements and repairs. Additionally, these parts may adversely affect the safety, comfort, and gas mileage of the car. This is because many parts have internal damage that is not visible easily, even to the trained eye. Yet, these car parts are used many times simply because the car owner cannot afford to use new and more expensive car parts.

Of course, there are parts that you can compromise on and get a used part, while there are other’s that you can’t on. For example, transferring a headlight or tail-light from a used car is not a problem in most cases (though it will wear out sooner than a new one). However, transferring an air filter from a used car may be counter-productive since it may already have dust and dirt in it that will harm your car instead of helping it. The same goes for more sophisticated parts such as transmission. A general rule of the thumb is that more the internal and smaller moving components in an auto part, the riskier it is to acquire a used one for replacement.

The problem with cheap car parts has been increased even more due to the fact that there are very few regulatory agencies (private or government) that can test the used car parts before they are installed in a car as replacement. However, there are ways to obtain cheap auto parts that won’t break your bank balance, and yet be as reliable as new car parts. Many used car parts may seem cheaper on paper, but frequent repairs, lower mileage and missed car-days due to the car being in repair shop add up to quite a bit in the long run. As such, one must make the effort to avoid these parts. The alternative is using discount stores, both online and offline that provide new auto parts at discounted prices.

The auto parts bought from these stores have already undergone testing in many cases and the prices are lowered primarily by lowering overhead and reducing the profit margin. This allows such dealers to provide cheap auto parts, often at over 15-20% discount, and sometimes even more. The benefits of getting these parts over seemingly cheap auto parts are obvious. The parts are tested, and can be returned in case of defects. Since these parts are new, they often last far longer than used parts and provide optimum performance. As such, there is no danger of the hidden costs often associated with used car parts. These stores are often found online far more than offline since the overhead of running an online store is far lower than a brick and mortar business. Searching online for “cheap auto parts” and “discount auto parts” may yield some good results. However, be careful since many places online are auctions for old used parts, not discount stores for new parts at lower prices than others.

Government Auctions – A Better Deal Than Any Used Car Lot

June 10th, 2010 Monica No comments

The United States Government is the owner of a large amount of cars, trucks, vans, sport utility vehicles, and many other types of vehicles, and they are always purchasing newer models every few years to replace the ones that get a few years old. This practice causes them to have a surplus of vehicles, and they sell them off by way of a public auction that you can participate in.

Most of the times the vehicles on the auction block are only a couple of years old, have have been taken care of and serviced regularly. They rarely have any mechanical problems that would keep them from being safe or reliable for your every day use. The bidding starts very low, sometimes at one hundred dollars for a new car. If not many people are interested in that particular car, you may get it for a very low price, and pay thousands less that you would pay if you bought that some car off a used car lot.

Many used car dealers also go to government auctions, and purchase high quality cars at a fraction of their actual value, and sell the for a huge markup, making a ton of money. But the best thing for you is that the government auctions are not restricted only to car dealers. You can go bid on a car, and if you are the high bidder, you can take it home for the price of your bid. So if you are looking for a nice used vehicle, United States Government auctions may be just what you need to check out.

Not a cure all to the auto crisis, but do you think this better than just giving them money?

May 5th, 2010 Monica 3 comments

My idea is this: We spent $19 billion a year in foreign aid. Not to mention the $34 billion we spend in Iraq. That $19 billion is spent on very little for the population, alot is laundered and skimmend off the top to corrupt politicians. We brake down the amount we spend on each country, then reserve 10% +/- of each countries aid and set it aside. This money is reserved to buy vehicles for each countries infrastructure and public works systems. It would allow countries who normally don’t have a decent motorized public servant service to have at least decent if not excellent forms of emergency vehicles. This would also help in making sure that this money that is being spent, is being spent not only for the good of the people, but it is being used to buy our goods and services. A money cycle so to speak. Lets say a country gets $100 million in aid, we set aside $1 million for my proposal. Using known gov data, and this is not a cheap vehicle used for the example, a 3/4 ton 4×4 suburban cost the government $28k. At a million bucks set aside for vehicles, thats 35 trucks! For one country! Now imagine amount of vehicles that could be bought if they were buying Impalas or Fusions or Sebrings. At 10% of $19 billion thats almost 68,000 vehicles at $28k a piece. We are going to continue the foreign aid programs so why not help both parties out? If we do it every year, then eventually each country will have an outstanding infrastructure of emergency and public works vehicles. After 5 years, these countries can start auctioning off the vehicles to their public, any funds to be used for goods and services. And this program could be used for our municipalities as well. This to me seems like a more viable way to help the auto industry and struggling cities and towns that cant afford vehicles. What do you think?
By your analogy, we should just give them the money and not have them build cars? Basically a public funded jobs bank for an entire company? We as government entities have to buy American made vehicles when possible anyways by law(I have done purchasing for the county I work for), so we are supporting the auto companies anyhow. The only thing different is we are using foreign aid money to support the auto industry. It is not going to make the industry independantly strong with the foreign aid, but it helps. Since we have to buy American by law, and the bailout money is going to other things less viable, why not help the local governments?
I guess I dont get the whole pay a car company not to build cars. So, if they are not building cars but getting money for not building cars, then they dont need workers so they are now out of a job. At least this way, there is still a job for people. But my point to this is that our aid does get spent on vehicles in these countries, just not our companies vehicles. Our aid money is spent on other countries vehicles.
“Since we have to buy American by law, and the bailout money is going to other things less viable, why not help the local governments?” It’s always going to help them less to buy them a car than give them cash.

See, the thing is, public safety vehicles are replaced every 4-5 years anyways. Money is ear marked for the purchase of these vehicles which means other public works projects will be put on hold to afford the new vehicles.