Seized Cars -Buying Cheap Seized Cars at Government Auctions

19 September, 2008 (04:09) | Cars

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.

If you don’t already know the value of the seized car, you should avoid debating on it. you can find the value of any used car in the Kelley Blue Book, or by having it appraised.

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

Remember that these are auctions and other people are bidding also. Make sure you bid carefully, and don’t get caught up in bidding wars.

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.

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.

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