Car Auction Prices |
Salvage Car Auction | Government Car Auctions | GOV-AUCTIONS.ORG Review
Car auction sales are booming! In Government
auctions car auction prices
can be as low as 28% of car dealer prices.
Today, in a car auction you can find new and used
vehicles. Many people prefer to purchase a new vehicle from a car
auction because they believe they’re saving money.
Before you attend a car auction, so some research on the
vehicles you’re interested in. Find out what the blue book value is
on the vehicle and make that your starting point. Look at all of the
features and even look up consumer reports.
Most car auctions operate Thursday, Friday, and Saturday.
Dealers are given a private auction date on one of those days. The
public can attend as well, just not on the same day. Often, the cars
are lined up outside of the facility and you can look them over more
closely before they go before the auctioneer.
Here are some suggestions:
Do your research before going.
Have an idea what car auction
prices you are willing to pay.
Get there early so you can look
over the car in the parking lot.
Check for smoke out of the
exhaust and oil leaking.
Recommended Car
Auction Source:
Every month across the United States,
thousands of vehicles are seized by different Government
agencies (IRS, DEA, FBI) & Police departments and auctioned
off to the public.
Due to certain laws these vehicles are listed and sold at up
to 95% OFF their original value. Many auctions start at
$100. Government pre-owned/surplus vehicles are well
maintained and are usually only 2-3 yrs old.
This site offer you immediate access to
4,000+ updated auctions nationwide, NOT searchable elsewhere
on the Internet and with guaranteed listings in every state.
Every
year, millions of quality vehicles are indeed sold via
Government car auctions. These take place where Government
and other related organizations sell cars that have come to them
for various reasons and which they need to “dispose” of quickly.
These vehicle auctions are open to the general public. Another
advantage of these car auctions is that the prices are often set
to a “no reserve”. In fact recent figures show an average 28%
below dealer recommended prices being achieved at Government car
auctions. This represents substantial savings for the average
person.
Many have heard of these auctions but there is still some
confusion what cars are actually sold via these car auctions.
Here follows a list of the main categories of cars that come up
at these auctions;
1. Repossessed Vehicles
If a person or a company is unable to meet their financial
contract payment dates or conditions, even after being given
grace time, the finance company will repossess the vehicle at
the cost of the contractee. These vehicles are sold as quickly
as possible due to depreciation and cash flow reasons and are
often “dumped” as no reserve listings.
2. Seized vehicles Thousands of quality vehicles are impounded each year for
several reasons. Many due to offence related matters. These
vehicles may be deemed to be “seized” for various reasons and
these vehicles are “disposed” off via Government auto auctions.
Importantly, many of these vehicles are sold at no reserve
limits. There are many genuine sales each year where BMW’s and
other luxury cars are sold up to 90% off estimated market value.
3. Fleet cars Cars, and trucks that were driven by government officials,
even police cars will be sold at the vehicle auctions when its
time to vehicle to be replaced for the latest year model. Many
times these vehicles are in prime condition, well maintained and
under factory warranty. These vehicles are already written off
and are many times sold at no reserve.
4. Surplus vehicles When during the government and police auctions, we find
surplus vehicles up for grabs, these are often specialized
vehicles that were used by various departments. Again, these
vehicles are already written off. And since they are often
highly customized, with expensive options, there is no tangible
market value. They offer a great opportunity for companies to
make great bargains.
5. End of Financial term vehicles People often take vehicles on lease for a fixed duration,
and when this ends, they will return the vehicles to the
financial institutions which in turn sell them via car auctions
just to cover the write off value. This value is often much
lower than then real value of the vehicle.
Due to the nature of these vehicles they represent a large
volume of vehicles never found at your local car dealer.
Car Auction Prices |
Salvage Car Auction | Government Car Auctions | GOV-AUCTIONS.ORG Review
