Posts Tagged ‘cheap used cars’

Buying a Used Car is often the smartest choice.


2011
09.10

Do you need a new set of wheels? Don’t know where to start? Cannot afford a brand new vehicle? It sounds like it is time to consider a used car as your next vehicle.

Sure some used cars have problems but most well maintained used cars, are just new cars that have already been broken in! If you buy a used car from a reputable car dealership, chances are it will come with a warranty and a company that will stand behind the vehicles they sell, unlike many private party sellers. Let the previous owner take all the depreciation and when you buy it you are getting a great deal. We all know vehicles lose a lot of there value when they go from new to used, why take that hit on a new car? With current economic conditions in turmoil, spending less money on a used vehicle is the smarter choice.

Apart from a reduced cost, what other benefits might accrue to a used car purchaser? This is where careful analysis of the car’s condition and history will pay big benefits . The first step, is to find one or two units of the particular car that you are looking for. It might well be a private sale or it could be sitting in a new or used car dealership. The first thing to do, is to take the car in which you’re interested for a reasonably good test drive. If the owner or dealership refuses a test drive don’t walk, run, to the nearest exit. It is important that you have a good feeling for the car and this can’t be done without a test drive. Next, if you’re serious about making an offer on a car that you have test driven, it is well worth the minimal expense of getting a mechanic’s report on the condition and detail of the car. There are many automobile associations that do provide such a service. Usually it can be done within a day or two of a positive test drive.

A good report will confirm that there has been no tampering with the odometer, that the car has been serviced on a regular basis and that it has been in no accidents minor or major. Even though a car can be cleaned up or detailed, a car in which a smoker has been driving will have a faint odor of stale smoke. If you can live with this fine if not go onto another car. Once you have received a satisfactory mechanic’s report, you are well advised to, if financing is necessary, to go to your bank and arrange a suitable loan. A dealership will probably not be able to provide as good terms as a bank nor should you try to get a private individual to carry the financing.

A note here: If you have bad credit you may be unable to access standard financing. In this case you may need a Bad Credit Car Loan. There are a few things that you should do to get a positive response for a Bad Credit Car Loan application. You should review your credit record, have a good idea of what you can afford each month and have confirmation of pay records and other bill payments. If you can have this all available a Bad Credit Car Loan will be more doable. Once you get your loan, you will be in credit repair mode and driving a decent car.

Before you purchase a new car, you should always think about purchaseing a used car as it is usually the smartest move. There are many Used Cars For Sale in Bay Area to choose from. If you are on a small budget be sure to check out this listing of Cheap Used Cars For Sale in San Jose.

Why Buy Vehicles From Police Auctions Over Car Dealerships?


2010
07.30

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.

So why does 90% of the general public buy from car dealerships? Well that’s a good question and I think it comes down to education. People are simply not aware or these government and police vehicle auctions. The government would be ridiculed is they spent money on advertising. Here is a list of advantages and disadvantages in buying at these auctions:

Advantages:

- They’re offered at much lower prices than anywhere else

- No matter where you live, there are typically many auctions held around your area

- Information regarding government and police auctions with vehicle listing detail is now available on the web

- 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 distribution channel (car dealership) to go through or to pay

- No commissioned salesperson to have to deal with

- Motivated seller who doesn’t have the resources or time to deal with inventory, therefore offering vehicles based on no reserve bidding

- Possible advantages to income taxes (establish a business name)

- Usually pay less car taxes

- 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 extended warranty beyond what the manufacturer offers. Most used dealerships give only 30 days

So if you don’t mind paying cash, or have access to credit, then it’s obvious that the pros far out-weigh the cons in favour of government and police auctions. Just as with a used car dealership it is a good idea to bring someone with you who can inspect and determine the vehicles condition.

The author is currently researching Night Vision Goggles and other spy gear, as well as the hobby of Family Tree Searches for upcoming review articles.

Seized Property – Treasures for Bargain Hunters!


2009
09.03

Seized property offered at government auctions and police auctions are veritable treasure chests for bargain hunters. There is an astounding array of new and used merchandise, sold at rock-bottom prices, sometimes less than 10% of market value!

What is exactly seized property? This is property taken under state or federal “seizure laws”. These laws allow law enforcement agencies to seize property that was used or acquired from illegal activities, was improperly imported into the country, or didn’t have required taxes or duties paid.

For instance, if a drug dealer uses the money he made from drug trafficking to buy a car or truck, even a house, it can be confiscated under the “seizure law”. Jewelry, furniture, computer equipment, art all can be seized.

The numbers and types of seized property that is sold through government auctions is mind-boggling. You can buy cars and trucks, boats, antiques, jewelry, office equipment, even aircraft. And they can be had for mere pennies on the dollar.

Another source of these auction goods is merchandise that was seized by US Customs. The seizure can be for improper importation, or failure to pay import duties or taxes. The Customs agency will often seize entire cargo containers full of property. These are usually brand new goods originally intended for retail sale, that are now liquidated through a government auction.

Government auctions and police auctions are held individually by by each agency, from federal government agencies like US Customs, the FBI, IRS, and DEA, even your local city government and municipal sheriffs departments. Each agency is responsible for holding it’s own auctions, some online, some at specific locations.

So how do you find these seized property auction treasures? There are essentially two ways: first, you can look through listings, but you can spend countless hours as each agency holds it’s own auctions, and they can change daily, weekly, etc. Alternately, you can join a government auction membership site that puts all those listings together in one place. Membership sites vary, however, so before signing up make sure you check out reviews such as those found at Government Auction Site Reviews.

Seized property auctions are literally treasure troves of merchandise. With a little time spent looking, you can find those deals of a lifetime on virtually anything in the world!

Click here to learn What Happens After Foreclosure from Helping Foreclosures.