US Auto Auctions - Buy Cars At Cheaper Prices Through Government Auctions

You have observed that your neighbor is currently driving the best luxury car in the US. The car is fitted with complete accessories and auto parts. Thus you cannot control yourself from wondering how his or her budget affords such a luxury car. There is no complicated answer on it. The car bought at cheaper price is obtained through the government car auction.

Various states, local and federal government in the United States and other agencies associated with law enforcement are constantly seizing possessions including bad people's autos and sold it on auctions. Moreover, when the US government purchase new service autos, old cars are also sold mostly half of its original price. This type of sell-off is described generally as government auto auctions.

Cheaper prices can be similar to repossessed cars from bank customers and lending institutions. If the car has damage, auto accessories and parts are also sold at cheaper prices during the auction.

You can get your second hand auto through the government auto auction. The price is affordable. All you need to do is to stay informed and knowledgeable regarding auto auctions.

It is very economical and easy to buy pre-owned cars from the United States government. Thousands of people are benefited from purchasing at government auto auctions. The cars are detailed, ready for driving, and clean. Normally, these cars are not more than three years old. The features provided are low mileage, popular color and styles, excellent maintenance, power windows, A/C, power steering, and cassette decks for both AM and FM.

Government auto auctions are real and happen regularly in various US states. It is open to all who wanted to attend and participate. You can find the best possible auto deals here. Seized properties and surplus auctions are also held at different timeframes. Details and listings of the auto auctions are easily accessible on newspapers. Complete description of the buying and bidding process are also provided.

Never forget to know the car's history and market value. All these information are widely available on the internet. It is also important to get the vehicle identification number as well as mileage information. The auction authority can provide you with complete details.

However, most government auto auctions offer preview periods prior to the actual date of auction. This is your chance to get a closer look on the car you have chosen to know if it defective or not. Concentrate on car parts and accessories.

It is very clear that the US institutions and agencies putting the cars on auctions are looking forward to obtain as much as possible the original pricing of the cars. But if you know how to do the right bidding, then bargains is not impossible. Doing your homework prior on the auto auction will help you find better deals.

Selling auctioned cars almost became the number source of government incomes in the United States. But still, in the consumer's viewpoint, the government is never making profit out of it. Thus it is always expected that the prices are lower and fair enough. You can also save significant amount of money for paying taxes upon purchase.

Whether you are shopping locally or online, it is much better if you are always prepared. It is not bad to know about purchasing property or merchandise from the US government.
For listings of government auctioned cars, please visit http://www.auto-car-auctions.info/
Article Source: http://EzineArticles.com/?expert=Tim_Lee

Find Good Buys at Government Seized Car Auctions

By Joseph Ducat
Article Word Count: 508 [View Summary] Comments (0)

If you have dreamed of owning a luxury vehicle but you always thought it would be too extravagant a purchase, you should think again. You can actually get a classy car at a price you can well afford, by winning a bid at a government seized car auction. These are cars repossessed by federal agencies like the DEA and FBI, or by local and state governments, as part of the seizure of assets of convicted criminals.

I told a friend of mine about these auctions and helped him at the bidding. He came out of it a winner, and took home a ’98 Mercedez Benz SL500. He got it at a price of less than $2,000--a steal if there ever was one. You can imagine how delighted he was at the bargain he got. I’m sure you can find just such a bargain at the next government seized car auction near you. Many cars are auctioned off for only a few hundred dollars, and while luxury vehicles attract more bids that drive up the price, in general the winning price bid at a seized car auction ranges from 30 to 60 percent off the original market price, depending on how new the vehicle is.

There are many types of vehicles at these auctions as well, so that you can probably find the kind of car you want with little trouble. If you’re in the market for a pickup truck or an SUV, those types of cars are often available at a seized car auction. The government also has auctions of seized boats, ATVs, RVs, motorcycles, and snowmobiles.

Auctions of seized property usually follow a set schedule, such as once a month or once a quarter. You should check with your local government to find out what the schedule is. You can probably find out with a call to your police department. To take part in an auction you will have to pay a token registration fee. After you have paid, you will be given a bidder number. Your bids will not be recognized at an auction if you do not have a bidder number.

Before you attend the seized car auction, you should prepare yourself by getting a used auto price guide like the Kelley Blue Book. The guide will give you an idea of the retail and trade-in prices of various vehicles so you can better come up with an appropriate bid. This is very important as you do not want to set your bid too high. You should also take into account that in addition to the amount of the winning bid, the winner must also pay a buyer's premium that can range between five and 15 percent of the top bid.

With seized car auctions growing in popularity, you may end up bidding against quite a number of people. Arrive at the auction venue as early as possible so you have time to get comfortable and get a feel for the situation. Be relaxed and don’t let yourself feel pressured if there is a large crowd.

Did you find my tips for government seized car auctions useful? You can learn a lot more about government seized car auctions at Car-Auctions.com.
Article Source: http://EzineArticles.com/?expert=Joseph_Ducat