Have you ever wondered why some people are able to keep changing their cars? You may think they have a lot of extra money to spend. Well, it may be true or untrue as well. If you have ever heard Government seized car auctions, you may now realize that it is possible for the average person to keep changing his car without spending too much money.
Purchasing a brand new car is mostly an expensive affair. You may enjoy driving it on the road but whether you realize it or not, its depreciation is rolling as well. To make it worse, fuel pain will still burden you even with a new car. Total cost of a car which consists of fuel costs, taxes and all the expenses plus the installment itself can possibly be unaffordable to some of us. You now can see why Government seized car auctions will be your perfect answer to having your dream car
Where did Government get those cars? They usually come from tax evasion or other seizure laws that lead to those cars being seized by Government. Government then auctions all those cars away to public because Government needs cash to compensate the loss due to that kind of tax evasion. Even though the cars are not new but some of them are only few months old. So they will feel and look like new.
The vehicles available at Government seized car auctions can be in a wide selection. And if you know what these auctions can offer, you will rush down there as fast as you can. The bids usually start at very low prices and very often the price tags are between 90 – 95% off the retail dealer price. We can say that you can get an almost new car at $2500 while its original retail price stays at $25,000. But be alerted, you are not the only want that rushes into this hunt. Many used car dealers also go to these auctions to buy a few nice cars for higher profit margins.
Unfortunately (or maybe fortunately!) not many people know much about these auctions. If they know where the place is, they don’t know when it takes place or vice versa. It happens because the auctions go around the country from state to state through out the year. So, the information is the power here. If you know more than other people, your chance to win your dream car is bigger than theirs. And these events are surely a lot better than wasting your valuable time dealing with untrustworthy or cheap talking used car dealers.
Technically the auctions are like any other auction. You can view the cars and perform necessary physical checks. After you are sure with your choice, go bid it. But remember, you must know the limit. Just don’t engage yourself in a bidding competition with another bidder if you don’t know how much your chosen car is worth.…