There are thousands and thousands of government seized cars that are put up for auction every month. Since there are so many of these government auctions and the expenses of storage, these auction cars are sold fast and for cheap! Learn how you can buy auctioned cars at a fraction of the price!
First, find out where and when the car auctions will take place. You can easily find information on local and national newspapers and websites such as www.sigridballew.com. The cars auctioned can range from regular sedans and SUVs, to Lamborghini's and expensive German built cars.
Another website is Car-Auction, which provides a full database of thousands of cars that are just waiting for you to bid on! Most of these cars will be at least 50% below the retail value. By taking advantage of this, you can easily save thousands of dollars on a car. Most of these are possessed cars because the owners were behind their month payments. Some cars are from drug dealers seized by the government.
Not all of the auctioned cars will be in excellent conditions. Some were neglected as payments were skipped. Some vehicles may have underlying problems, although they look good on the outside. If you can, try inspecting the vehicle with a skilled mechanic prior to bidding. Most, if all, auctioned cars will be sold " as is" and have no warranties on them. It is a good idea to really check the car thoroughly before considering to buy it.
Another good thing to do is to know the retail value of the car before bidding on it. Always research your car that you wish to buy. Websites such as Cars.com, Edmunds.com, and the Kelly Blue Book are excellent guides to help you determine how much a car is worth.
Attend a car auction! You want to make sure that you arrive there fairly early. The earlier you come, the more likely you'll beat out those late comers. Place your bid on the car you like and try to outbid everyone else. A key point is to not be the first to bid. Make sure that you have a range of how much you want to spend. Good luck!
