Government Vehicle Auctions
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Government auction of repossessed cars almost always guarantees to cut you a cheaper and better deal on cars. Why so?
Because cars on these auctions are put up for sale 40 to 70% off its original price.
For those of you who do not know, cars acquired by the government came from people involved who are allegedly
involved in criminal cases or those that have acquired their properties through dirty money. After "repossession" by the
government, they are parked in a public garage while the case has been settled by the previous owner. Failure to settle
voids out the right of the previous owner to reclaim the vehicle.
These cars are then sold to the public who are interested in them. They are mostly turned over by the government to private
auction houses who will then open the bidding for dealers and private individuals alike. However, finding your way in one
of those auctions may be quite tricky. You cannot just walk in a police station and ask them where they sell their seized
cars. You would have to do a little research on your end.
As mentioned. government auction of repossessed cars, are usually handled by small auction houses that do not have
enough funds for advertisements. You would have to take out your directory and check your yellow pages for their
numbers. You may have to call them up and find out which one handles auctions of repossessed cars.
Once you get a confirmation from them, find time to visit their office. Once you are there, you may want to check the
listings for government auction of repossessed cars. This way, you get to short - list several car models that you may be
interested in. Maximize your initial visit by getting as much information as you can. Make it a point to know what
documents do you need to present, how much cash do you need if ever you win the bidding and specifics like the time and
date of auctions. If there is enough time for you to attend one as a mere observer, then do so. Witnessing the actual bidding
yourself gives you a concrete idea how the process really works.
Lastly, enjoy but practice restraint if you need to. Auctions can have a very competitive air, giving the participants a
constant adrenaline rush. So if the bidding price gets too high for you, step back and do not stretch your budget. There will
always be another government auction of repossessed cars that can give you a better deal.
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