Cheap Car Auctions

The police department many a times seizes and confiscates cars. But not always are the cars auctioned at the police auto auctions obtained by such confiscation of cars due to illegal activities pursued with their help. There often are cars at such auctions belonging to retired police personnel and by officers for some time. These cars are sold to the highest bidder.

Though we hold in our minds a fear about the tarnished history of a certain car at the police auto auction, we should realize that since these cars are sold by the police as a part of the governmental proceedings, they are sold legally and their previous history with any criminal case becomes void.

These auto auctions are held at specific times of the year and are therefore to be kept a note of. A general note of caution for all the bidders are to reach there sufficiently early to check the physical condition of the car before bidding the price. There seems no plausible reason on why you should want to pay for a car dearly if it is not in the best of its conditions. The present market value of the car is also to be judged before plunging in to bidding exorbitant amounts. In fact, if you could take your car mechanic along, nothing else seems a better idea.

In such auctions, the auctioneer is unable to accept checks and hence you should be carrying enough money with you to bid with. Remember, the competition gets bottle necked if the car you are looking for has certain specifications. Most importantly, before going to buy the car, you should do a good homework about the cars that feature on your list. Though the police will not cheat you, they will not do the research due on your part!

I have been using goverment and police car auctions for more than 7 years. This is my business. I buy cars at a very low price and resell them later. At the website below you can read a review of the auction which provides me with great car delas every month.Police Auction Review

The first thing to remember is that although they are called damaged car auctions it does not mean that the cars are damaged beyond repair nor that they are non-drivable. Sometimes there are only a few minor problems and the vehicle can be easily fixed. When you are purchasing vehicles from damaged car auctions you have the choice and indeed are allowed to inspect the vehicle prior to placing a bid. I would suggest that you do this to prevent purchasing a problem that is larger than you expect or something that just can’t be fixed. If you are not mechanically minded it’s a good idea to take along someone that knows a bit about cars to get a second opinion.Most damaged car auctions are held by government approved auctioneers. The intention of the government is (believe it or not) to not make a profit on these damaged vehicles. This means bidding is free to start at ridiculously low prices. This is good news for buyers and sometimes means that a bidder can get these cars for 95% off the market value price.The auction process is so easy and professional. You get reliable authentic documents, vehicle reports and you also have a chance to inspect the vehicle throughly prior to bidding. The inspection periods can be the day before or a few hours before the auction starts. As I mentioned, the basic recommendation is that you bring along someone like a mechanic to help you rule out major problems. No amount of saving (not even 95% off market value) can help if the car is not what you expected and indeed is a lemon or damaged beyond reasonable repair. In addition rust can be one of those silent but deadly traits of a damaged car that is why I recommend that you have the car throughly inspected yourself or have a professional on hand to double check the condition of the whole vehicle, underneath the chassis, inside the guards and under the hood.Damaged car auctions held over the Internet are a great convenience to many people. The best thing is you can choose the car from the pictures, buy it through the on-line bidding system then return the vehicle if there are any issues that don’t match the description or your expectations. If they state that the vehicle has something wrong with it for example like rust in the hood, you can’t return the vehicle because of that rust as they have already stated that it had rust in the description. If however you find that the vehicle has issues not disclosed in the auction listing then you are free to return it for a full refund in most cases.Again I must reinforce the word damaged is nothing to be concerned over. You can get very slight, minor defects in vehicles which are then shipped off to the damaged cars auctions. This is a great chance to take home an almost new car and fix it yourself or have it done at the repair shop for such a low cost in comparison to purchasing the vehicle in perfect order.What if I want to sell these cars?Reselling these damaged vehicles is a great idea and easy way to make some good money. If you do choose to resell, it is best to look at the overall condition of the vehicle, sometimes it is best to resell the damaged vehicle as parts, the parts can be sold individually making you more money than selling the car as a whole. Take care in removing the parts because the loss of a nut or bolt could lead to a part being almost valueless, it is best to know what you are doing or at the very least be methodical in your approach. Damaged cars and car parts are advertised locally in the newspaper and on-line every day. If you take the time to sell these cars you could double or triple your initial outlay quickly and easily. Make sure that you check out your local laws and tax information in regards to these kinds of sales.Damaged car auctions are not always easy to find. I am often asked about the location, dates and times of these highly sort after auctions. Providing people with this valuable information is a service that I conduct on a regular basis. These damaged car auctions are not advertised nor are they accessed easily by the general public. They have been kept somewhat of a secret by car dealers and savvy individuals who use them to purchase cars at ridiculous prices and then profit by reselling the vehicle.

Purchasing a car at government auto auctions is turning out to be a profitable move for many U.S. residents. In these auctions the rules are clearly defined, the environment is totally safe and conducive for car buy, and awesome discounts of up to 95% on the value of auction cars and trucks are available. So, many individuals are turning up at these government vehicle auctions in spite from the current economic downturn. One can discover vehicles of diverse varieties like SUV, luxury car, or a 4 X 4 at these auctions at inexpensive prices frequently. Even people who had initially harbored dreams of buying a auto, but could not do so because of financial constraints are finding these auctions giving them a new ray of hope.The automatic question that may crop up inside the minds of many individuals is the source of the vehicles that are there in the authorities auto auctions. These cars are got from people who on numerous occasions fail to repay their auto loans. Then these vehicles are seized or repossessed and sold off at these auto auctions. Obviously, the value of these vehicles is significantly much less than the original street value, as the lien holder has to pay back his money within the shortest possible time. As opposed to the popular belief, the automobiles which have been available at a federal government vehicle auction are relatively new and in extremely good state.Additionally, the bidders are able to inspect all the autos from up close before the method of car auction commences. In most with the authorities vehicle auctions totally free VIN checks are conducted for additional safety. The actual trick lies in knowing the venues as well as the locations of these various auctions as much as feasible. The number of attendees is normally less in these auctions, and many people are not even aware that an auction is taking place nearby. If the attendees are less in number, the number of bids placed would automatically come down. It is possible to very easily excellent a great car deal with such low level of competition inside the bidding method.These auctions, of late, have become a prime source of automobiles at inexpensive rates and also the possibility of getting a auto at even 95% a smaller amount cost attract many vehicle dealers too. With the prevailing economic crisis lots of people are generally failing to spend their loans and hence the number of repossessed or seized cars and trucks is constantly increasing. Hence greater quantity of auctions is being held by the authorities in order to sell off these cars.

Geez, there’s just so little “real” information on open-to-the-public car auctions and the many web sites that claim you can buy cars for as little as $100 … or pay just 90% of retail. You’ve probably seen them … lots of hype.

It’s a shame they oversell themselves because there are indeed opportunities to save a lot of money.

And while I happen to be a member at four of these sites, and they’re most definitely worthwhile (some more than the others), the marketing hype can’t help but create false expectations for many people outside the industry.

And if you do a search on Google to try to find some information or reviews of these sites, it’s unlikely you’ll find anything realistic … just alot of “click here to save 90%” hoopla. I’ve tried extensively and the results have been pathetic.

But again, I’m not saying that there’s not really good deals at these auctions. There are. But they make it sound like you join today, either bid on an online auction or go to an auction this afternoon and then drive off in your beautiful 2005 Audi TT for $500 … zip, zap, zoom, you’re done.

I can tell you from experience that this just isn’t going to happen in the real world. Can you get a great deal on the Audi TT? Absolutely. But it will likely take some time and it’s not going to be practically free.

So, lets talk reality here. Auctions CAN fit into your strategy for getting a great price on a car. And these auction web sites CAN make this easier for you. But let’s look at both the pros and cons to establish realistic expectations. Then you can be in a better position to decide if this is something you’d like to pursue or not.

First of all, there aren’t a ton of open-to-the-public auctions to begin with. This means it’s likely you’re going to need at least some amount of patience. Some auctions are quarterly, some are monthly and there are a few that are weekly. They’ve got to build up an inventory of cars so it justifies the cost of putting on an auction. And this takes time.

So, unless you’re a bit lucky, you probably won’t run out to an auction to get your car this afternoon. I guess what I’m saying is it’s not like visiting as many Dealerships as you want in a single weekend.

Next is pricing. There’s going to be other shoppers bidding … maybe even some Dealers. You’re not going to get a “good”, late-model car for a few hundred dollars. That being said, it’s not unheard of to get a $20,000 car for $10,000 to $14,000 … or a $15,000 car for $7,000 to $9,000. You can indeed get excellent buys below trade-in values, and sometimes way below. But just forget about real nice cars for “under $500″, as is often the hype.

Are there cars for under $500? Of course there are. And often good buys too. But they are not the late-model cars.

Next, you may have to go a distance. The good auctions may not be right next door to you. Many auctions do not have online bidding. They’re at a physical location. So, bear in mind that it may not be be particularly convenient.

All of this being said, it is true that there are excellent, money-saving deals at public car auctions. But please be prepared to both spend some time at it and to pay more than the hype implies.

I’m pretty sure by now you’ve heard plenty of stories about used car public auctions. From saving thousands at a cheap auction to tell sell nothing buy junk, the stories differ from one extreme to the other. But which ones are true and which ones are coming from hear say? Well the answer is pretty simple: You can save thousands of dollars off of well maintained used car. But, they are not all created equal.

Since most of the cars at a used car public auction are seized by the government, police, bank, etc., the cars are usually in good condition. With the current downturn of the economy, a lot of people are getting their cars seized because they simply cannot afford their payments, owe back taxes, or have gotten their car impounded and cannot afford the impound fee. So, you can drive away with good car for next to nothing.

But, that doesn’t mean that all of the cars sold there are in perfect condition. So, you really need to give each and every car you are bidding on a good inspection before you consider buying. Remember that all of these cars are sold in as-is condition, which means once you buy it, the auction house is not responsible for any repairs it might need. It might need something as small as new brakes or an oil change. Or something major like a new transmission. So, it would be in your best interest to take a mechanic along with you.

So, used public car auctions are more of a dream than a scheme. While you can get great cars for pennies on the dollar, there is also a slim chance that you will run across a couple of beaters. But, you can avoid them altogether by bringing a mechanic with you or giving the car a good inspection yourself before bidding. Either way you go, you’re bound to come across some real bargains.

 

Did you know that some used car auctions have cars for under $1,000? Yep, it’s pretty cool. Want to know where to find one? Then visit MyCarAuctionReview.com for a review of the best car auction sites around.

 

 

If you’re looking for a decent car to get to work and school or just want to save a couple $1,000 off of your next car, a government seized auction is where you want to go. Not only do they have good, reliable cars for way less than the dealership, they are also 100% open to the public and free to attend. Of course you can save money just by going to one, but the more knowledgeable and prepared you are, the more money you’ll save. Take a look at these FAQs that will give you an edge, tell you how to find one near you and save you money at the same time.1. What is a government seized car auction in the first place? This is a special type of car auction that only sells cars that the government has seized through various agencies such as the FBI, DEA, IRS police department, etc. Most of the time it’s for not paying taxes and illegal activities, so the cars are in pretty good condition and relatively new.2. How much do the cars cost? The costs vary depending on what car you choose and how many other people are interested in it. If there are a lot of people bidding on the same car, the cost is going to skyrocket. But if the car is not that popular, you can walk away with getting a great car for dirt cheap. There are plenty of people out there that have gotten a government seized auction car for under $1,000 and sometimes $500.3. Why can’t I find any near me? These type of government car auctions take place everyday and most of them are not publicly advertised. So, it can be pretty tough trying to find one near you. But there are car auction listing services you can join that will give you the name, location, phone number and website (if they have one) of auctions near you. They contain exclusive listings that a lot of people don’t know about. So, less competition means lower prices for you.Now, that you know that a government seized car auction is just a regular car auction with government owned cars that you can get for under $1,000, you should look into finding one near you by visiting a car auction site. You should also remember to get to the auction early so you can check each car out and see which ones are getting the most and least amount of attention. It’s also a good idea to bring a Kelly’s Blue Book with you to get an idea of how much you should actually be paying, which will also let know when you’re getting close to over bidding.

Find thousands of government seized car auctions across the country by joining a car auction listing service. But, watch out because a lot of them are scams. Thankfully MyCarAuctionReview.com has tested out the most popular ones and has come up with a list of the best car auction sites to join. Click here to find government seized car auctions near you today!

Tax evasion and discontinuance of paying installments to banks are two examples of the reason why these cars are held in custody. The issue of having overlapping cars at storage areas has been irrelevant so, the government decided to publicly sell them at low prices to speed up disposals. We know this as car public auctions or repo car auctions.

The government does not raise any initial price of the cars. They want to disposed them quickly so they lower down prices for easy purchase. Cars are coming all over the place-confiscated, seized, and impounded. The storage area are getting smaller because of this so it’s better to disposed it than maintain it for a longer time without any good effects.

Online Car auctions work the same with the local auctions. What differs between the two is the opportunity to inspect and check the cars personally before auction starts because online deals limit real time checkup. However, detailed photos, videos and other information have been posted to compare cars being offered.

It is your decision to go to any car auctions anytime. You just have to bear few things in mind though. First is the budget you set for a car. You have plenty of cars to select from an auction. Cars can be offered up to 90% off the actual price. They are usually in good condition but sold for a cheaper price. They may have been slightly used or never used at all. The thing is, you can drive home a car you like at a very low price.  The newspaper and the internet can provide you information of up-coming auctions.