Police Auctions - Where Car Dealerships Purchase Vehicles for Under $1K?
If you are looking to buy cheap used seized cars at Government auctions or police auctions, then you're reading the right article. Specifically 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. After reading this article, you will have all the basics you need to know in order to approach government auctions intelligently.
It's hard to realize that seized cars sold at Government auctions and police auctions are sold as is. A great deal may not be such a great deal if the vehicle is damaged. You can avoid this by learning how to recognize problems by careful 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, inspect the contract before you enter into it. Some contracts have a specific number of days you have to wait before you can get the title. Keep this in mind if you're thinking about turning around and selling the seized car right away. Sometimes it is the waiting period that negates the great deal you're getting on price.
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.
Many car dealers attend these government auctions as well. Be careful when you bid against them, as they almost certainly know the precise value of vehicles they are bidding on.
it's worth taking the time to look at some online auctions. A website like Government Auction Site Reviews can help you find the best online auction sites. Browsing through these sites will help you when it comes time to bid at your auction. - 23200
It's hard to realize that seized cars sold at Government auctions and police auctions are sold as is. A great deal may not be such a great deal if the vehicle is damaged. You can avoid this by learning how to recognize problems by careful 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, inspect the contract before you enter into it. Some contracts have a specific number of days you have to wait before you can get the title. Keep this in mind if you're thinking about turning around and selling the seized car right away. Sometimes it is the waiting period that negates the great deal you're getting on price.
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.
Many car dealers attend these government auctions as well. Be careful when you bid against them, as they almost certainly know the precise value of vehicles they are bidding on.
it's worth taking the time to look at some online auctions. A website like Government Auction Site Reviews can help you find the best online auction sites. Browsing through these sites will help you when it comes time to bid at your auction. - 23200
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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 @ 12:06 AM
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