Police Auctions - Where Car Dealerships Purchase Vehicles for Under $1K?
It's easy to buy cheap seized cars at government auctions and police auctions. In this article I will give you some of the best tips for beginners when it comes to using Government auctions to get vehicles at a real bargain. Then you will know exactly how to use these auctions for your purchase.
All vehicles at Government auctions and police auctions are sold as is. It is important to give the vehicle you are considering a careful and thoughtful inspection.
Unlike going to a used car lot, you cannot test drive the vehicles at Government auctions. Therefore it is important to learn how to visually appraise a seized car, or bring an expert along with you.
Also, it's foolish to bid on seized cars that you think you know the value of. It's not wise to guess when it comes to spending your money. If you don't know the value range of the car, do not bid on it. I can't tell you how money people are shocked to find what they thought was a deal actually wasn't. You can use the Kelly Blue Book as a basis, however it pays to have an expert appraise the car before bidding on it.
Next you will want to inspect the purchase contract. Some contracts have a waiting period before receiving the title, so you must take this into account if you're planning on reselling the car right away
Finally, remember it's an auction. At any auction, you must know how to bid strategically. If you've never attended an auction, it might be wise to go to attend a few auctions to watch and learn the etiquette of bidding, and also to get a feel for it. There's nothing worse than letting your emotions get in the way and making an illogical bid on a vehicle.
Realize that there will be dealers at Government auctions as well. They will have a very good understanding of how much ease used cars and trucks are worth.
One of the best things you can do is to look at some of the online auctions. While there are many membership sites offering access to Government and Police auctions, you should use caution as some of them will simply take your membership fee and not provide complete or timely auction information. - 23212
All vehicles at Government auctions and police auctions are sold as is. It is important to give the vehicle you are considering a careful and thoughtful inspection.
Unlike going to a used car lot, you cannot test drive the vehicles at Government auctions. Therefore it is important to learn how to visually appraise a seized car, or bring an expert along with you.
Also, it's foolish to bid on seized cars that you think you know the value of. It's not wise to guess when it comes to spending your money. If you don't know the value range of the car, do not bid on it. I can't tell you how money people are shocked to find what they thought was a deal actually wasn't. You can use the Kelly Blue Book as a basis, however it pays to have an expert appraise the car before bidding on it.
Next you will want to inspect the purchase contract. Some contracts have a waiting period before receiving the title, so you must take this into account if you're planning on reselling the car right away
Finally, remember it's an auction. At any auction, you must know how to bid strategically. If you've never attended an auction, it might be wise to go to attend a few auctions to watch and learn the etiquette of bidding, and also to get a feel for it. There's nothing worse than letting your emotions get in the way and making an illogical bid on a vehicle.
Realize that there will be dealers at Government auctions as well. They will have a very good understanding of how much ease used cars and trucks are worth.
One of the best things you can do is to look at some of the online auctions. While there are many membership sites offering access to Government and Police auctions, you should use caution as some of them will simply take your membership fee and not provide complete or timely auction information. - 23212
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For a Free evaluation of the top government auction sites check out government auctions reviews or more specifically click Seized Cars
posted by X - Men @ 12:47 AM
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