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Sunday, November 8, 2009

Car Impound Auction Savings

By Garry Knight

Most car lovers will surely enjoy the thought of driving their dream car home at a price less than half the original cost. If you do not intend to spend too much in purchasing used cars you are going to love the idea of police auctions. At the same time, you will notice a number of different types of cars lined up for sale by bidding at these car impound auctions. A few of the cars may be troublesome during the drive home from the auction, buy you may also get a car that is in suitable working condition.

If you are interested in buying a car here then you can try to find out about the schedule of the next auction from the local police department. You can also find the schedules on the police departments internet site and in newspaper adverts. You can also have a look at the bidding vehicles if you can come a bit early to the auction venue.The storage lot used by the police is the venue for most of the car impound auctions and you can also inspect some of the cars before they go for the auction.

Cash is usually king at car impound auctions, as the final deal is usually made through cash, or certified check. Your driver's license, including your insurance proof are important, as when you win a bid you have to have a temporary permit for taking the car. Before going in for the bidding session you have to register yourself with a small fee, and while bidding, you have to show your bidder's number to the auctioneer as only a registered bidder can take part in the bidding. You need to ensure that the car you bid for is at least in functional condition, and make sure that there was some amount of maintenance done in case the cars were non-functional for the last 12 months.

After seeing the cars, remove the 'used-car price guide' and try to have some idea about its trading price. To be on the safe side, use your PDA's Internet connection if you have one, to find out about the 'vehicle identification number (VIN)' by browsing Carfax.com, which will give you a complete report about the vehicle. This helps you decide whether you want to bid about a certain car or not. It is important for you to know the auction rules, as surely you do not want to miss the opportunity of bagging an awesome car.

The basic language in the realm of auctioning play an important role; for example 'absolute auction' indicates cars will be sold to the highest bidder regardless of the price bid. You might also get a car without any 'warranty or guaranty'; moreover, your car may not even run at all. But you may also get a fantastic vehicle that only needs a good run down, or maybe a new set of tires. - 21396

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