Are you aware that you will be allowed to attend many of the government and police auctions in your area? The police seize thousands of cars and other vehicles every month all across the country due to several different reasons. These vehicles are offered for much lower prices than you would generally pay by going through a car dealership.
Obviously, police auctions are a secret that car dealerships don't want you to know about. This is because not only is there one less potential customer looking to purchase a vehicle but there is also another bidder competing against him for the cars that are being auctioned.
Yet almost all North Americans still continue to use car dealerships to purchase their vehicles every day. Why? Most people unfortunately aren't educated on police auctions. The government doesn't spend any money advertising so auction attendance is solely based on word of month. Following is a list of pros and cons when buying at these auctions:
Advantages:
- They're offered at much lower prices than anywhere else
- Auctions are frequently held in many locations throughout the US and Canada
- Detailed listings of vehicles at government and police auctions are now available on the Internet
- There is usually a wide selection of vehicles that can be found at government auctions - sports cars, SUV's, pick up trucks, motorcycles, jeeps, etc.
- No middleman for you to have to deal with or pay
- No commissioned salesperson to have to deal with
- Motivated seller who is not equipped to handle inventory, everything must go
- Better income tax advantages (run as a business)
- May pay less sales and new car tax
- Start your own business (i.e. Sell cars on the Internet)
Disadvantages:
- You'll probably have to pay it all in cash (which for some is a blessing)
- No warranty period beyond manufacturer warrenty, although most used dealerships only provide 30 days or so
If it's not a problem paying cash, or you can get credit elsewhere, then the advantages outweigh the disadvantages. Just remember to bring a mechanic or car expert who understands vehicles with you to the auction. They will inspect the vehicles that you're interested in to make sure you get a great deal.
About the Author:
To locate vehicles at the top government auction sites check out government auctions review or more specifically click Police Auctions, Seized Cars, Trucks, Boats, Vehicles
bookmark this article at:
Tags: police auctions government auctions car auctions vehicle auctions seized cars seized vehicles used cars used vehicles cars for sale vehicles for sale cheap used cars used automobiles cars vehicles investing Vehicles automobile
| < Prev | Next > |
|---|
Newer articles:
Older articles:
