Seized Cars - Buying Seized Cars for under $500 at Government Auctions
It's easy to buy cheap seized cars at government auctions and police auctions. In this article I will give you some of the best tips for beginners when it comes to using Government auctions to get vehicles at a real bargain. Then you will know exactly how to use these auctions for your purchase.
It's hard to realize that seized cars sold at Government auctions and police auctions are sold as is. A great deal may not be such a great deal if the vehicle is damaged. You can avoid this by learning how to recognize problems by careful inspection.
It's not like going to a car lot, where you can take the car for a test drive. You cannot test drive cars at Government auctions. The closest you can get is to listen to the engine. That's why you need to learn how to appraise a car by inspecting it, or getting an expert to go along with you to inspect it for you.
Avoid bidding on cars if you don't already know their value. Have an expert upraised the car, or consult the Kelley Blue Book.
Next you will want to inspect the purchase contract. Some contracts have a waiting period before receiving the title, so you must take this into account if you're planning on reselling the car right away
Keep in mind that these are auctions. You must bid wisely and strategically. It is very easy to get caught up in the heat of the moment and pay more for the vehicle than it is worth.
Remember also that there are likely to be dealers at the auction bidding as well. They will have a good idea of the value of the cars being sold.
One of the best things you can do is to look at some of the online auctions. While there are many membership sites offering access to Government and Police auctions, you should use caution as some of them will simply take your membership fee and not provide complete or timely auction information. - 21396
It's hard to realize that seized cars sold at Government auctions and police auctions are sold as is. A great deal may not be such a great deal if the vehicle is damaged. You can avoid this by learning how to recognize problems by careful inspection.
It's not like going to a car lot, where you can take the car for a test drive. You cannot test drive cars at Government auctions. The closest you can get is to listen to the engine. That's why you need to learn how to appraise a car by inspecting it, or getting an expert to go along with you to inspect it for you.
Avoid bidding on cars if you don't already know their value. Have an expert upraised the car, or consult the Kelley Blue Book.
Next you will want to inspect the purchase contract. Some contracts have a waiting period before receiving the title, so you must take this into account if you're planning on reselling the car right away
Keep in mind that these are auctions. You must bid wisely and strategically. It is very easy to get caught up in the heat of the moment and pay more for the vehicle than it is worth.
Remember also that there are likely to be dealers at the auction bidding as well. They will have a good idea of the value of the cars being sold.
One of the best things you can do is to look at some of the online auctions. While there are many membership sites offering access to Government and Police auctions, you should use caution as some of them will simply take your membership fee and not provide complete or timely auction information. - 21396
About the Author:
For a Free evaluation of the top government auction sites check out government auctions reviews or more specifically click Seized Cars
posted by X - Men @ 12:07 AM
0 Comments
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home