In this day and age, when everything costs an arm and a leg, it’s nice to know there is one place you can go to get decent auto prices. Where is that you say? Government auctions of course! Practically every day somewhere in the country there is a government auction going on. They’re the perfect place to get a really good used car at an affordable price. These cars can be from unpaid tax debts, defaulted loans, repossession, and even police confiscation. As long as you can get over the “used” part, these "homeless" cars are really the way to go. In my opinion, used cars should be the only vehicles you purchase; as soon as you drive a new car off of the lot, it depreciates big time. These cars that are being auctioned off are usually in great condition, sometimes even brand new, often come with warranties, and are a great investment for those that want to turn a quick profit by re-selling. Most of the people at these auctions are car dealerships looking to get used cars at great prices and re-selling them for a profit. Why not beat them to the punch? Just make sure that if you do find a car you’re interested in, that you try to find out the history and book value first. Even with auctions, you have to make sure you're not getting ripped off.Now there is a down-side to these auctions (kind of). Because there are so many going on at any given time anywhere in the country, and because they are not well advertised, they can be hard to find. But now you have a great resource to rely on. Follow my link below and I can help point you in the right direction. Bear in mind though, that if this sounds like something for you, no matter what resource you use to learn where these auctions are, make sure that before perusing, you have a budget and you stick to that budget, and also, before you even think about placing that bid, ensure that you actually have the money available should you win. They’re kind of funny about that; some even make you prove you have the money first.
So before you go invest your precious time at a car dealership, and your hard earned money on a new car, investigate the government auction sites. Check the vehicle histories and book values, shop around. See if there isn’t something that might fit the bill before you waste money on a drop-in-depreciation-drastically new car. Or worse, a used-car lemon!
To locate the best government auctions, you first have to locate the best auction reviews. Click here Find Auto Actions to get my two favorite sources for buying used cars from government run auction sites.
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