Anyone wanting to buy a car for a low price should search through police auction sites to find listings of seized vehicles and where they will be auctioned. There are cars, trucks, boats, and much more that have been repossessed at these auctions. It’s definitely allowed for cops to sell these seized items at competitive sales open to the public; besides it’s a superb thing for citizens looking to find great deals. These auctions are a well kept secret that provides you the opportunity to get a variety of merchandise at greatly discounted pricing.
When police departments host car auctions, they are normally planned ahead of time. Therefore it is a good idea to actually call and ask when the next auction will be held, or how often auctions are held. The size of the department determines if the auctions are held every month, every three months, or every six months. Depending on the time of year that the police auctions are held will vary the amount of vehicles that are offered. If you live in a very small town you may have to look elsewhere for good police auctions.
Buying cheap car for a police auctions is a well known trend because you can find good deals. Even though they try to get the word out the auctions are not always public knowledge. But many are catching on, as they are advertised more and more. Although the cars that are up for sale at an auction are used, they can actually be as good as if they were new. The only problem some people have is that the vehicle was owned by a criminal. While some may have a problem with a car formally owned by thieves or drug dealers if you can look beyond that fact you can find some amazing bargains to be had. Having purchased it, you own it and you have the liberty to dispose it off or retain it for your own use.
It is a pretty safe bet that luxury cars will show up at some point in the auction. Of course you will have great competition among other bidders for this type of car. It is so easy to get caught up in frenzied bidding that you might pay too much for a car. Bring someone who know about the cars or it will help to know lot about the cars. Your best bet is to run a quick assessment on the vehicle that you are interested in prior to bidding. Don’t commit to bidding until you have given as thorough review of the vehicle as possible.
When you are the winning bidder at an auction, you are typically required to pay for the item immediately with cash or check. Occasionally you can make financing arrangements. Be sure to get the car’s paperwork. This can ensure that you don’t have any problems in the future with your new purchase. Once the auction has ended, you will be responsible for acquiring the correct tags and for transferring the registration to your name. With this detailed information regarding the police auction process at your disposal, you can now attend these auctions with confidence and possibly leave one behind the wheel of a new vehicle.
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To locate, review or research these police car auction sites and receive a ‘how to buy a used car’ book visit Government Auctions.
Nolan Speers is an expert in the field of government auctions and police auctions and for over 15 years has built a successful business buying and selling properties, cars and other surplus items. He is the founder and administrator for Government Auction Site Reviews.com.