Monday, 19 October 2009

  • How To Find A Local Repossessed Car Auction Close To Your Home

    Are you searching for a 'new' vehicle at a price you know you can afford? If your answer is 'yes' why not attend the next seized car auction in your area? Repossessed or seized cars are normally sold at government auctions.


    Find A Car Auction In Your Area

    These auctions are sponsored by the local police department or sheriff office and the auction cars are sold for a fraction of the original price.  Here as elsewhere in life you normally do get what you pay for.  Below are a few tips for finding the car you want for the right price.

    If you want to know when a government or police car auction will be going on in your area, you can visit usa.gov. This site will refer you to directories containing schedules for auctions sponsored by the Department of Defense, the U.S. Marshals Service and the Department of Energy.  Other seized car auction events that you may be interested to participate in will also include autos that are from state or local surplus.

    The state and banks want to get rid of the cars they finance as soon as possible because the storage costs are several millions of dollars.  Because of this you can be pretty sure you'll get a car at an affordable price if you purchase it at a government auction.  It's not unusual that cars are sold for 80 to 95 percent off the retail price!

    A seized car is not necessarily one that is in bad condition.  Nevertheless, when you're buying your car from an auction, you should be aware that the rules are a little different.  If the vehicle you purchase at an auction is sold "as it is", you and only you are liable for damages or repairs once you win the bid and drive the car off the auction lot.  Because of this you need to purchase some type of guarantee that will protect you if something goes wrong with your 'new' auction car.

    I'll also warmly recommend that you purchase a warranty for the car, so that if repairs are necessary, they will not cost your legs and arms. Furthermore, I will strictly recommend that you get the title to the car before you leave the auction site. If you plan on getting the car on the road, you will not be able to legally register the vehicle and receive a license plate without.

    Another good resource for finding the right government or seized car auction and car prices that fit your budget is carbuyingtips.com. Here you will find lots of good tips that will help you to save your hard earned money and get the most out of your auction car purchase. You can also find great government car auction information on ebay.com.

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