Seized Cars - How to Buy Inexpensive Used Cars at Police Auctions
Author: Suzanne Moore
Looking to purchase a cheap seized car at Government auctions or police auctions? This article will provide you with tips for beginners when it comes to using Government auctions to get vehicles inexpensively. After you read this article, you will be able to approach government auctions intelligently.
All vehicles at Government auctions and police auctions are sold as is. It is important to give the vehicle you are considering a careful and thoughtful inspection.
Unlike going to a used car lot, you cannot test drive the vehicles at Government auctions. Therefore it is important to learn how to visually appraise a seized car, or bring an expert along with you.
Also, it\'s foolish to bid on seized cars that you think you know the value of. It\'s not wise to guess when it comes to spending your money. If you don\'t know the value range of the car, do not bid on it. I can\'t tell you how money people are shocked to find what they thought was a deal actually wasn\'t. You can use the Kelly Blue Book as a basis, however it pays to have an expert appraise the car before bidding on it.
Be sure to read the purchase contract carefully. if you are planning on reselling the vehicle, you want to make sure the purchase agreement doesn\'t have a waiting period before receiving the title.
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.