With auction cars I mean cars bought at a public auction. There are several kinds of auctions: private auctions, government auctions, police auctions, bank repossessed car auctions etc. Government auctions are considered as one of the best places of buying cheap decent new and used cars.
We are talking about great deals on quality cars that were seized in a government raid or for whatever reason came into the possession of the federal government.


Government Seized Car Auctions

Government auctions are not the same as the bank auctions of repossessed properties and cars. The government auctions are for seized vehicles that they are trying to get rid of in order to avoid them taking up space in a government parking facility.

If they can make a few dollars from their seized vehicles that's an advantage for them. Thus they will take any bid they can get. The bank will not. Because of this, government auctions would be a better option for buying cheap cars than a repossessed car auction of a bank.

Online Auto Auctions

Car auctions are held in several cities in all states where car buyers can go and bid on the vehicles. An auction site, however, is not available in any city. But if you have internet access you can still make bids on a government auction. You are even able to mail your sealed bid for a car to the auction.


Government Vehicle Surplus Auctions

There are also other ways to find high quality auction cars, for example at a government surplus auction. Cars sold in such auctions are vehicles owned by the government and used for such a long time that they are ready for renewal. They want to get rid of their old vehicles and replaced by new, therefore they are auctioned. Also at surplus auctions you can get a great bargain if you're looking for a cheap car.

Military Surplus Auctions

Another variation of government surplus auctions is the military vehicle auctions. Not all military vehicles are auctioned though. They don't offer combat vehicles, but you can buy jeeps and other low end vehicles for a few dollars.


The Right Place for Super Bargains

It should be obvious that the reason people get so many good deals at government auctions is that the government's intention is not to act like a business and maximize their profit but rather get a few dollars for a vehicle that is no longer up to their standards and cannot be used anymore.

So, why not take advantage of this, visit an auto auction house or go online and find cheap but decent auction cars at a government auction.

Check out this auction car resource before you even think of buying a new car.   Click Here !


by Terry Carters

An auction of Repossessed cars is considered to be one of the best places finding used and new cars of high quality at prices far below the retail prices.
Below are a few tips that you can read if you're not sure how an auto auction works but still want to land a good bargain.


What are repossessed vehicles actually?

There are two main categories of repossessed automobiles:

- autos repossessed by the government
- autos repossessed by banks and financial institutions

Government vehicles
- seized vehicles
- surplus vehicles
- unclaimed vehicles.

The purpose of government car auctions is to get rid of the vehicles and recover administrative expenses. Bank cars are vehicles that banks and financial companies use as collateral for loans and when a loan taker can't pay, they take the vehicle and auction it.


Which Vehicles Can You Expect to Find At These Auctions?

The answer is; all kinds of vehicles in all price ranges from pick-ups and SUVs, sports cars and convertibles as well as luxury cars.
Of course the condition of these vehicles may vary a bit; some have a few scratches others are severely damaged but the majority of them are in perfect working condition. You can even find cars that are practically new at prices less than half of retail prices.


How Are The Prices Determined?

Every auction starts at very low prices and are bid upwards by those who are interested. Hot car models will increase the price and if there are many bidders it can skyrocket to prices that are completely insane. However, experience shows that the average price of these vehicles is about 80 percent off the showroom prices.

Rules of Auctions

There are rules and requirements regarding auctions of repossessed cars that the bidders have to adhere to;

- at most auctions you have to be 18 years or more to bid
- you must also have a driving license.
- to be able to bid some auctions will charge a fee

Take the Kelly Blue Book or another list of automobile values with you. It will be very easy for you to spot a good deal. Take a mechanic with you to inspect a vehicle you want to bid on upfront, if you don't have sufficient knowledge yourself.


Where Do You Find these Auctions?

Car Auctions take place every day all over USA. Find auctions located near your home. Call banks, local government agencies or auction houses and get their auction schedules. Also check ads in your local newspaper.

The simplest way to find auto auctions is to go to the auction directories online. For a minor one-time fee you get unlimited access to their databases with updated information about auctions of repossessed cars. Be aware though, that there are some sites out there trying to cheat people. Steer away from them.

Don't buy an auction car or any new car before you have read this: Click Here

by Terry Carters

So you want to buy a decent car for as little money as possible?  Then you should go to a public auto auction. At a car auction - especially at a government auction - you can get a very decent car in any range at an amazingly low price. All over the country you will find a car auction running almost any time.

There are also car auctions on the internet and if you consider buying or bidding on cars online there are a couple of things you need to be aware of:

- The picture and description of the vehicle on the internet are sometimes not accurate. Unfortunately there are some dishonest people among us that cannot resist the temptation of making the actual vehicle appear better than it really is.Keep to the serious car auction sites that don't have a reputation of cheating people (for example by clicking the hyperlinks in this article). Since you cannot see the car before you make a bid on it, I think it's necessary to be a little cautious.

- Most public auto auction sites online, see a bid on a specific car as a contract between the seller and the highest bidder to end the transaction, within a certain time.


Don't Start To Bid Before You Have Done Your Homework


Before you start to bid at an auto auction, be it traditional or online, there is some legwork you have to do.


- figure out a budget or a maximum amount you can spend. This should be money you can be without.


When you have come up with this figure you will

- already have narrowed down your options with regard to which car to bid on
- Prevent the risk of bidding too high and spending more than necessary.
- you also want to acquire sufficient automotive knowledge or update the knowledge already might have.

Another option is to bring someone with the necessary knowledge with you and trust his or her abilities to judge the vehicle you consider to purchase.

- get a list of the different vehicles makes and models, their listing values as well as their general asking prices and take it with you to the public auto auction.

With this knowledge you are in a much better position to distinguish a good deal from a bad one and take advantage of it.

If you want a real bargain of an auction car don't walk but run and check this out !

by Terry Carters

Start blogging by creating a new post. You can edit or delete me by clicking under the comments. You can also customize your sidebar by dragging in elements from the top bar.