Government Seized Car Auctions - Quick Tips
- Author Cary Bergeron
- Published February 10, 2008
- Word count 502
Auto auctions are the perfect place to find a car if you don't have a lot of money to spend. And Government seized car auctions are some of the best. Up until now buyers are still purchasing cars off of dealer lots when they do not need to. For more information on how government seized car auctions work read the rest of this article.
Why Government Seized Auto Auctions Exist
Almost daily the federal government is busy arresting criminals and busting drug syndicates. The Government will seize SUV's, trucks, sedan's, sport's cars and just about anything attached to criminal activity. With so many seized autos entering the governments hand's it becomes very hard and time consuming to get rid of them. The Government is forced to liquidate them at what are called "Government Seized Car Auctions" at very low, sometimes even cheap prices.
In some cases you can get the seized vehicles at up to 80% off their retail value. The best part is that these autos are not all rusted out and beat down. Many of them are brands like Mercedes, Lincoln, BMW, Land Rover and Honda. The coolest thing is that for little to no money you can drive one of these cars for only a couple hundred dollars, provided you know how to work the auction.
How to Tips for Working a Government Seized Auto Auction
Most all auctions have a minimum age requirement and Government car auctions are no different. Most likely in order to purchase a vehicle at a government auction or any auction for that matter you will need to be 18 years of age with a valid driver's license and auto insurance.
To find government seized car auctions in your area you can visit local auction houses or call the town hall or local government buildings for information as well. Another area to look at is local newspapers but many times you see this information too late and they deals are gone before you get there. One of the best ways to find government seized car auctions is through the internet and website. Information is updated very quickly and some even provide you newsletters so that you can keep on top of what's going on.
Once you reach the government auction, you need to be safe and research your purchase. Inspect the car to make sure it is in good condition, ask how the car ran last time it was started and think about a strategy for what price you want to pay. You can find this and other useful information on my website.
Remember one of the old rules for buying cars at government seized car auctions is to go to it with a few different models and purchases in mind. If you lose the first bid than you will have another one lined up and ready to go. No one wants to go home from a seized auto auction empty handed.
Details about the time and venues of auctions can be searched through our website.
If you found this information on car auctions useful, you'll want to read about Government Seized Car Auctions on our website.
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