Posts Tagged ‘vehicles for sale’

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Why Buy Vehicles From Police Auctions Over Car Dealerships?


2010
07.30

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Posted in used cars | 1 Comment »

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.

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Government Vehicle Auctions – Listings of Near New Cars for Under $5K


2009
05.13

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Posted in used cars | No Comments »

by Mark Snow

There have been many articles written about police and government auctions, but very seldom are there any specific examples given of the types of repossessed cars you can purchase at them. The government seldom advertises their auctions or the types of items that will be sold at them, so the only way to find out is by doing research on the Internet. The government wants to get rid of it’s inventory of foreclosed homes and repossessed cars, but they don’t want to spend any money on advertising.

Can you imagine if Best Buy said they had some great deals but never really publicized what they were, they probably won’t get half the business that they do. Well in the case with government auctions they still have quite a following with virtually no promotion (mostly word of mouth) and the reason for that is simple, they have the best deals, period. Think about it, no cost paid for the goods sold and they want to move that merchandise out of their inventory as fast as possible. Compare that to a retailer who has a cost associated with each item and needs to make a certain margin on each sale.

To illustrate my point here are a few samples of the repossessed vehicle auctions prices. My research consists of using the highest rated government car auctions site that has been evaluated and reviewed on my own site mentioned in the last paragraph. Keep in mind that these specific items may no longer be available by the time you read this, but you’ll still get an idea of the vehicle discounts that are available through government auctions. A sample of 5 vehicles among the thousands available are:

* 2005 Porche Boxster with 14K miles – $5,790

* Pontiac 2005 Grand Am GT 13.1K miles $5,140

* Lexus 2005 RX300 4×4 13.5K miles $6,450

* Subaru 2005 Forester S 14.1K miles $4,320

* 2005 Corvette with 13K miles – $4,600

So as you see the people that are attend the auctions are getting deals much better expected. There is usually a large variety of makes and models available to choose from. So how can they be sold so cheaply and where do they come from? Cars can be repossessed for a variety of reasons including unpaid debt and/or taxes, criminal involvement, etc. Chances are your car dealership is buying at least a portion of their vehicle inventory at a government auctions, and making a good margin on that purchase so here is your chance to cut out the middle-man and pocket your savings.

Going to a live on-site government auction rather then an online auction is a good idea because you will be given the opportunity to look over the vehicle before you bid on it. As I’ve mentioned in the past if you’re not mechanically inclined then bring someone to the auction who is. Also be careful to verify the quality and the history of the vehicle before you purchase. Given the fact that a small percentage of people are even aware that these auctions even exist, you’ll be able to find a vehicle of your choosing, perhaps even of higher social status then you intended for a much lower price then you expected.

About the Author:
For a Free review of the top car auction government sites check out government auctions or to see additional sample listings of great car values click Police Auctions examples.