Are you looking for a 'new' car at a price you know you can afford?  You may want to attend the next seized car auction in your area. Seized or repossessed cars are often sold at government auctions that are sponsored by the local police department; and the auction cars are sold for cheaper than the original price.

However, it's important to keep in mind that you do get what you pay for, so here are some tips for finding the right car for the right price.

If you are not sure about when a seized car auction will take place in your state or city, you should visit usa.gov.  This site will provide links to directories that will give you schedules for auctions that are being sponsored by the U.S. Marshals Service, the Department of Energy, and the Department of Defense.  Other seized car auction events that you may want to attend will also include automobiles that are from state or local surplus.

It costs the state and the banks that finance the cars millions of dollars to keep the cars in storage, so you'll definitely be sold a car for a much more affordable price than if you were buying off the lot. In some cases, you can find a car for a price that is about 80 or 90 percent lower than the retail price!

Even though a seized car is not necessarily one that is in bad condition, when you're buying from an auction, the rules are a little different. You are completely independent as a consumer, which means that the auctioneer or any organization selling the car is not liable for damages or repairs once you win the bid and drive the car off the lot. So, you will need to make sure that you purchase some type of guarantee that will protect you if anything goes wrong with the car.

You'll also need to purchase a warranty for the car so that if repairs are needed, they will not be terribly expensive.  You should also remember to never, ever walk away from the auction site without getting the title to the car.  You will not be able to legally register the car and receive a license plate, which could present some serious legal problems for you in the future if you plan on getting the car on the road.

For extra help in finding the right seized car auction or automobile prices for your budget, you should also log onto carbuyingtips.com. This site has a lot of straightforward tips that will help save you money and get the most out of your car purchase.  You can also find great seized car auction information, as well as great classic car models on ebay.com.
6/7/2011 06:07:46 pm

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