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Government Seized Car Auctions - How They Work For You

Author: DavionWong
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You can take advantage of government seized car auctions to buy a car for personal use or to resell for profits. The fact remains that most people are not aware that they exist and are open to public. This piece of information alone puts you in a better position to find the wheels you are looking for.

Government Seized Car Auctions - Why They Exist

Everyday, the government agencies are busy clamping down on criminals, busting drug and criminal syndicates. From these blitz, often, they can seize many vehicles. You have SUVs, sedans, motorcycles and such and even sports cars. Needless to say, with so many vehicles entering the government warehouses, it can be a pain to maintain and hold them. It is a losing race against depreciating car values. This being the case, the government has little choice but to auction them off at ridiculously cheap prices.

If not for these conditions, there is no way you can find a vehicle at 90% off the retail value. And we are not talking about old, worn-out condition vehicles. You can find branded cars like BMWs, Mercedes, Honda, Mazda and other famous wheels there. For $200, you can possible drive home one of these.

Tips for Participating at Government Seized Car Auctions

As always, auctions would have a minimum age requirement imposed on its bidders. If you are not 18 years old at least, you would find that you may not qualify for most. However, as long as you do hold a license and can drive legally, someone else can always represent you as a bidder.

You may want to know that there are also private auctions organized by the government. These are normally for bulk buyers ie the car dealers. To enter, you need a license to bid. But fortunately, there are so many public auctions around that you can participate in to drive home a new car. So, do not worry.

There are a few ways to check out whether there are government seized car auctions taking place in your state. Stop by the local government auctioneers or call up the government agencies. Flip through the classified ads section of the local dailies and you probably can find some information. But the details may be obsolete and could be a bit stale by the time you find it.

As a potential bidder, it would be beneficial for you to have prior knowledge of the venues as well as the available vehicles. This is so that you can do your research and home work on the car models and the retail prices. This also prepares you to decide how much you are going to bid. Such details can be found in my auto blog.

At any point of time, there is a handful of government seized car auctions taking place at different parts of US. The advantage of this is that you can sit down and plan your itinerary for the weekend drive to a few auctions. The reality is you may have to forgo your first choice car when the bidding gets too hot. When that happens, you can always hop to a neighboring state to bid for the next best.

Likewise, to do so, you need to be fully aware of where the auctions are happening as well as when and what time. They normally open early so that you can be there prior to the bidding to actually see the displayed vehicles to make your pick. This information is found in online seized car search directories.

A final word of advice for you is to bring along a vehicle mechanic if you can. This person can help you to carry out a preliminary inspection to check out the integrity of the vehicle. He or she can then advise you if minor or extensive repair works are in the pipeline. Such information is invaluable to you when placing your bids. For updated news about existing government seized car auctions, read up my blog.

About the Author

Learn more about seized car auctions such as how you can find your dream car there. Also, read another of his popular article on how to buy repo cars at rock bottom prices.