Government Vehicle Auction Deals
By Buzz Clem, Auction Expert
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The second biggest purchase, after real estate, that most people will make in their lifetimes is a vehicle.
Some people buy more car than they can afford, while others never seem to be able to afford the car they really want.
That's where government auctions come in.
After a vehicle is seized the original owner, in some cases, is not allowed to claim the vehicle. In some cases they can, but within a certain amount of time, or after a fine is paid. If, and when, these conditions are not met then the vehicle will be go up for auction.
Any government agency holding an auction wants to make money.
Granted, the profit motive is not the main reason, but they are hoping to at least break even.
Sort of.
The government will settle for whatever it can get - even if it is well below market value and there are two reasons they prefer do this:
1. At least it generates some revenue.
2. It will cost the government more to keep it in storage
One of the nice things about government vehicle auctions is that they are fairly common. You just need to know where to look.
That’s where auction sites come in handy. You get the contact information and you’re able to get down to saving your hard earned cash by finding the great deals they feature. The Internet is a great resource for finding information; including government auction listings.
Keep in mind that vehicle auctions often have a lot of competition.
This is because many used car dealers use these auctions to increase their stock. You may find the car you have always wanted at a good price, but the earlier you get in, the better.
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