Government auto auction is a practice where vehicles are auctioned to private parties, both individual or organization. This is done in order to redistribute vehicles coming in from different government agencies. The investigative agencies may acquire the automotive items by seizing them from criminals or lawbreakers. The IRS may seize cars from those failing to pay taxes and sell said cars in order to generate cash flow.

Other organizations like rental companies or the insurance companies may also auction cars they take possession of although not necessarily via government auto auction. Rental companies usually auction cars in their fleet considered too old for rental service while insurance companies auction totaled cars to salvaging industry. These are pretty much not the kind of cars buyers on a budget are looking for, even if they do come with relatively low price.

Other than seized vehicles, the government auto auctions may also be auctioning vehicles from agencies’ own fleet, typically vehicles used by agents and staff. These cars are usually no more than three years old and they don’t normally sustain any damage as they have only been used as regular transportation means. Other highlights concerning these vehicles are the fact that they are well-maintained and they have low mileage, as well as features like power steering, power windows and air conditioning.

Government auto auction is no means to reap profit; the vehicles are sent into auction because the government see no use of them and opt to generate income instead. That is why good deals can generally be found at this kind of auction. According to most government auto auction sites,, bidding starts at $100 and winning bidder may save up to $15,000, even though the average saving a buyer can get is around $6,500. Keep in mind though that government auction does not necessarily translate to cheap dirt price. Bidders are not exactly few in numbers and considering their good condition, the cars may keep bidders interested and committed for quite a while.

Depending on the source, condition of cars auctioned at government auto auction may vary. Ones coming from agencies fleet are generally better while bidders need to prepare for some minor scratches or bumps in the case of seized cars. Touch up paint jobs or dent removals are relatively cheap but worn tires or scraped wheels may cost quite a bit of cash.

There is no pre-auction inspection allowed so it is advisable that bidders study the auction catalog and ask for help from auction spotters. Any kind of pre- or post-auction inspection can be negotiated at a price, which on its own defeat the economical motive of government auto auction bidders.

To be eligible for government auto auction, an interested buyer needs to be 18 years old or older, in possession of Social Security or Taxpayers ID number and prepared to declare no pending payment on other properties previously purchased from the government. There is no registration fee.

Government Auto Auction – Your Reliable Source For Good, Economical Vehicles is a post from: Bad Credit Auto Refinance

Original Post is located here: Government Auto Auction – Your Reliable Source For Good, Economical Vehicles

The Government Auto-Auction is an even better alternative to the public auto-auction because of the selection of vehicles there. In addition to the various seized vehicles at these auctions, you also have a numerous amount of used government vehicles. And I use the term”used ” loosely. To the government, two years is considered used. That means, on top of being well maintained vehicles, they also have the added benefit of having a whole lot less miles than the same car that you might find at the public auto-auction.

In addition to the standard government vehicle, you also have the vehicle that your local street pharmacist was driving before he, uh went on vacation! That Mercedes-Benz or other high-end luxury automobile that you were eyeing is most likely to be offered up at the government auto-auction. I mean, you might as well buy that luxury car, he can’t drive it while he’s in jail, uh I mean, on vacation!

These government auto auctions are different in many ways from the public auto auctions because even the vehicles with high mileage have a full service history. In addition to that, all of the vehicles go through a complete vehicle service and inspection before the auction. Contrary to their public counterparts, government auction vehicles are well maintained throughout their short life in the fleet.

Think about it, throughout the government vehicles’ life, it is put through regular service maintenance. This is because every government entity has its very own vehicle maintenance department. And these vehicles are only in the fleet for an estimated 2 years before they are phased out and replaced with a brand new fleet of new vehicles. This is the same vehicle that is placed in the government auto-auction at a reduced price to you, the consumer!

So, you have a myriad of reasons to check out the government auto-auction, as opposed to not checking them out. These auctions are a well documented way to get your hands on a well-maintained, reliable government vehicle.

Government Auto-Auctions – Your Best Choice For the Best Vehicles! is a post from: Bad Credit Auto Refinance

Original Post is located here: Government Auto-Auctions – Your Best Choice For the Best Vehicles!

Instead, folks are finding out that auto auctions offer a plethora of cars for a steal of a deal. The old way of obtaining cars at auctions for low prices was to attend a live police auction. While this is still a good option, the best option nowadays is to look at online auto auctions. Dealers are wising up to this and placing a lot of their overflow stock or inventory that hasn’t sold onto the online auctions. Thus, the choices are many for the consumer who wants to save money by buying a car through an online auto auction.

By far, the most popular online auto auction is through eBay Motors. EBay is a reputable online auction site, free to join, and the most well-known auction site throughout the world. Let eBay’s popularity help you out with your search. When you are searching for a particular car, if it is listed on eBay, it will most likely show up in the search engines. Do your homework on any car that you wish to buy, though, to make sure you know what the car is worth, the car’s specs, what is included, etc. so you won’t be ripped off or sold a “lemon.” Many of the cars listed on eBay are sold through both used and new car dealers, as well as individual people. There are several other good online auto auction sites that are also free to join.

A simple Google search will reveal some of the top online auto auction websites, and they are all free to join or register. The top result is I Bid Motors (ibidmotors.com), a huge online auto marketplace that advertises itself as “the better way to bid for cars online.” The cars are listed by make and model and by premier dealer; you can also save a list of your favorite cars, to keep an eye on the auction. Another popular auto auction website is Capital Auto Auction (capitalautoauction.com), which is the official site of auto auctions for the Salvation Army. This auto auction site is full of cars that are listed for auction below one-thousand dollars. There are several physical locations throughout the US, and you can find a list of locations on the website.

They also have a live online auto auction every Saturday, done from each Capital Auto Auction physical location. Registration is free with the Capital Auto Auction website. Another top choice for an online auto auction is Motobidia (motobidia.com). They offer free membership, a nationwide selection of cars, a free vehicle history report included, wholesale car prices and free shipping nationwide, to name a few perks. Also, if you refer a friend or family member who signs up and purchases a car through Motobidia’s online auto auction, you receive a one-hundred dollar referral bonus. Both saving money on your new car and earning money for referring their service – you can’t beat that!

No matter which online auto auction you choose, as mentioned previously, you should always do your homework and research the car you want to buy. Some online auto auction companies, like Motobidia, offer a free car history report with your purchase. With others such as eBay Motors, it depends on the seller as to whether or not they offer a free history report. If not, don’t worry – you can always go to Carfax.com and order a vehicle history report on your own. In order to do this, you need to obtain some vital information about the car, such as the VIN (vehicle identification number), and the year the vehicle was made. If the car you are planning to bid on happens to be local to you, go to the physical auction site and check out the car. Bring a mechanic or someone knowledgeable about cars with you to help you check the car for problems and defects. Be sure you know just how much the car is worth, so as to avoid “being taken for a ride,” so to speak.

All in all, this information age that we are living in is a very exciting time, and a great opportunity for those looking to save money by buying a car through an online auto auction.

Save Money on New Cars by Buying Through an Auto Auction is a post from: Bad Credit Auto Refinance

Original Post is located here: Save Money on New Cars by Buying Through an Auto Auction

Auto auctions supply cars to body shops, insurance companies, car rental places, car dealerships, recyclers, and anyone else interested in purchasing a vehicle.

There are a number of different types of auto auctions, including salvage, wholesale, public, police, insurance, and online auctions.

Salvage auctions specialize in vehicles that have been wrecked; the car’s damages were repaired and then rebuilt, and they’re given a salvage title. Often the cars are high quality and come from insurance automotive and recreational salvage pools.

Wholesale auctions, which are open to only registered auto dealers, bring together wholesale buyers and sellers in a laid-back, friendly environment where bids are competitive and only licenses car dealers can make a bid. Online auto auctions connect buyers with vehicles through an auction with a sealed bid.

The highest in the stack of bids, which are confidential, will win the vehicle. Many auto auction’s web sites offer lists of available vehicles, from Buick to Chevrolet to Jeep and Mercedes Benz, and even sell cars that aren’t running.

Often, auto auctions feature vehicles in special auctions for buy-it-now prices or hard to find vehicles. Some auto auction services offer live broadcasts of each auto auction where a viewer can bid on a vehicle online, or via absentee ballot.

With auto auctions, the person selling the car is called a consignor. Thousands of cars per day often roll through an auction, being sold by individuals, rental car companies, licensed automotive dealers, and manufacturers, among others.

Sometimes auto body shop owners will use an auction as a place to get a great deal on a used or non-running vehicle to refurbish and turn around a profit. Some auto auctions provide towing services, and others have shops where vehicles can be inspected. In most cases, auto auctions’ rules state that any vehicles that were won during the auction immediately become the buyer’s property and have to be off the auction site within a certain, and short, amount of time.

Auto auctions are usually held starting at 10:00 a.m. every Saturday, 6:00 p.m. every Thursday, and at 6:00 p.m. on the second and fourth Wednesday of every month so that viewers and bidders can choose the time most suitable to their schedule.

Each auto auction has a set of rules, such as requiring a bidding card to make a bid, paying a deposit if you win the vehicle, and no warranties, refunds, or exchanges. Most of the time during auto auctions, an employee must be on hand to open a car’s hood, truck, and doors. Most auto auctions also make it clear that they offer no guarantees on any vehicles, and that there are possibilities that there could be problems with the vehicle you purchased.  

Car Buying Tips – Auto Auctions – The Basics For Newcomers is a post from: Bad Credit Auto Refinance

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One possible problem is that the purchase might not be a good one. Every car at an auction isn’t a hidden gem. Cars sold at such auctions are generally sold according to used car laws which tend to make it an “as is” sale. Remember the old Sesame Street skit in which a man looks over a car with “as is” in the window. As he inspects the car he asks a lot of questions to which the salesman always responds “as is”. Once the sale is made and the man tries to enter the car, it shakes itself apart. He exclaims “I want the car as was!” Don’t let that happen to you.

Auto auctions generally give potential buyers time to look over the cars. Don’t make a purchase or even a bid at any auction that won’t accommodate that practice. Arrive early. Test drive the cars you like. If you don’t know anything about cars, bring someone who does. If that isn’t possible, at least drive the car for an inspection during the test drive. A good mechanic can provide a thorough inspection in a short time. Anyone with a decent eye can check the body, interior and other physical elements for wear and tear .

Another problem is inherent in auctions. Auction prices can be terrific, but sometimes people assume a bargain where there is none. That holds true for auto auctions too. The bidding can easily escalate to well over the car’s value. Add the fees often associated with the auction and it means great care must be taken to know the real value of a car. Know the prices of similar models in similar conditions from Kelly Blue Book or other sales data. No need to even look it up in advance since the information is online and phones can access it. Don’t pay more than the car is worth, even if it’s a coveted antique.

Remember, auctions can be great deals. Don’t go in blind, however. There’s a sucker born every minute. Don’t be the minute man at an auto auction.

Getting a Deal at an Auto Auction is a post from: Bad Credit Auto Refinance

Original Post is located here: Getting a Deal at an Auto Auction

You will need to do your homework first if you plan to buy a good car at a government automobile auction. Always remember that you will not be the only person who will be bidding during the government seized property auction so you should be well prepared for the competition. Never be complacent about anything. It doesn’t matter if you have been to many auctions before or if you have participated in previous automobile auctions in your location as that is not really an assurance that you will get what you want this time. The key to getting a good automobile during an auction is to be very vigilant.

Determine The Quality Before Placing Your Bid

Careful planning is very important if you want to join a seized cars auction. First, you will need to determine the mileage and history of the car. The auction administrator should be able to provide you with this information. Why do you need to know the history of the car? Cars that have not been property maintained by their previous owners will most likely have more problems compared to those cars that have been well maintained. Furthermore, cars that have been involved in accidents in the past will most likely have more internal problems compared to those cars that have not been involved in accidents. Always remember that accidents, even if not so violent as to wreck the car completely will always affect the condition of the car. The jarring that the car received during the accident will most likely affect some of its internal parts in some ways. Although these defects may not manifest themselves right away, sooner or later, these defects will later on show.

Aside from learning about the history and mileage of the car, you should also make it a point to physically inspect the car before the auction. Most of the time, the vehicles will be on display for a couple of day before the auction takes place so the viewer can decide if they want to bid on the car at the time of the auction. To make certain all is working well with the windows and doors, you must open and close them and look/listen for problems. Look under the car find out if there are no leaks. The owner may be attempting to hide something if you notice fresh painted parts.

To determine how much you will bid on particular car during an automobile auction, ask an expert to take a look at the car first. The expert should be able to give you a good idea as to whether or not the car is reasonably priced.

Buying A Good Car At A Government Automobile Auction is a post from: Bad Credit Auto Refinance

Original Post is located here: Buying A Good Car At A Government Automobile Auction

It is no secret that government agencies at the local, state and federal levels regularly hold used car auctions. However, most people do not know where to find these kinds of auctions or how to be a participant. The government car auctions can be a wonderful source for getting your hands on a tremendously discounted vehicle. It is well worth the time to learn about them.

Many people are only interested in a government car auto to get a reliable car for the family and save some money in the process. However, there are some people who turn big profits by frequenting these government auctions, snapping up all the deals they can, and then turning around and selling these same vehicles at their used car dealership for twice the price, or more, of what they paid at the auction.

The truth of the matter is that while dealers can make some good money through regularly buying vehicles at government car auctions, they don’t always turn a profit when they re-sell. Many people don’t realize that when buying a vehicle from any kind of used car auction, there is no warranty on the car, it is only sold “as is,” and the sale is unconditionally final.

For the car dealer who uses a government car auction to get a number of cars for his dealership on a regular basis, this means that there will be a percentage of the cars that are in need of a considerable amount of repair work before they can be resold. Most of the time, these dealers have a staff of mechanics that can deal with these problems, so in many ways it can be better that the dealers get these cars that have hidden problems because they can handle these issues more easily than an average consumer can.

For people who have the skills and equipment to work on cars themselves, a government car auction can be the perfect way to get a car at a price that is almost a steal. But, if you don’t know a lot about the mechanical workings of a car, then it might not be quite as wonderful. The car you end up bidding on and winning may be reliable, or it could be a lemon. Just keep in mind that it is the responsibility of the bidder to determine the condition of the vehicle before they start bidding on it. Once you are awarded the winning bid, you are committed and the car is yours.

You will find that you will get the most unbelievable prices at the government car auctions if you attend one that hasn’t been widely publicized, since few people will be there to bid against you. Do some detective work to track down the information on the local government auto auctions, instead of waiting around for ads about the events. If you put in the time to get the car auto auction schedules, then you will probably end up saving a huge amount of money when you are ready to bid and buy.

You Can Purchase Your Automobile From Government Car Auctions is a post from: Bad Credit Auto Refinance

Original Post is located here: You Can Purchase Your Automobile From Government Car Auctions

collector car auction

Just about everyone has seen a scene in a movie or a TV show depicting an auction where people get caught up in the excitement of the moment and get a bit out of control as they bid on some special work of art, antique furniture item, or even a classic collector car. Car auction houses are establishments that run a variety of different types of auto auctions, from a collector car auction one day to a seized car auction the next, and other types as well.

Some people who are not even particularly interested in buying a vehicle through a car auto auction still enjoy hanging around an auction house on the days that the auto auctions are running, just to take in the atmosphere of excitement and to do a bit of people watching. It can be a fascinating experience to watch the proceedings, especially if you have never before attended any type of used car auction. If there has been a vigorous round of bidding on a particular vehicle, then it can be electrifying when the auctioneer drops the gavel and pronounces the vehicle sold!

Car auction houses run all kinds of different motor car auctions on a regular basis. As a result, they have a great deal of experience and expertise in the field. At the same time, people who have never been to any kind of auction in the past can feel somewhat lost and bewildered the first time they venture into a car auto auction house.

Because of this, it is strongly recommended that first time auction goers, whether for antiques, collectibles and artwork, or for a public auto auction, attend at least one or two auctions in the role of observer and not as a bidder. Most of the car auction houses have an open door policy that allows spectators to come in and watch the proceedings; however, there may be restricted access to certain types of auctions.

The car auction house is not the seller of anything being sold. Instead, they are simply providing the services of the auctioneer, of registering the bidders, managing the auction and collecting the funds that are generated by the various motor car auctions that they host. If a person wins a bid on a vehicle, then they will pay the final bid price, as well as a percentage of the final price to the car auto auction house. This additional percentage is a fee that covers the expenses incurred by the auction house and is the main income source for these types of businesses.

Car auction houses are great places to go to if you are hoping to find a good deal on a vehicle. You will often find everything from motorcycles to recreational vehicles at some of the used car auctions. In addition to attending some public car auctions before you start bidding on automobiles yourself, you should also research the fair market value of any vehicles that you might want to bid on, beforehand.

Are Car Auction Houses A Good Place For Affordable Car Deals? is a post from: Bad Credit Auto Refinance

Original Post is located here: Are Car Auction Houses A Good Place For Affordable Car Deals?

 When people get behind on their car payments, it is common for the lending institution to take back the vehicle, especially if there is no way for the person to get caught up on missed loan payments. The result is that the larger banks, credit unions and finance companies are often overflowing with repossessed cars and seized cars that they need to sell through a seized car auction.

There are also several departments of the government, from the local Sheriff’s office all the way to the FBI, that have the power to seize all kinds of property, including vehicles, and then sell them through seized car auctions. There are many reasons why these seizures happen, either because of tax debts, or because of the use of the vehicle in some kind of illegal activity.

When lending institutions, banks, police departments, and various federal agencies end up with a growing number of cars that have been seized or repossessed, they ultimately spend a lot of money to store these vehicles. In most cases, the people from whom the cars were seized have either no recourse at all for getting the vehicle back or a short window of opportunity to get the vehicle back before the agency has the right to sell it off. If there is no longer any chance of the person being able to reclaim the vehicle, then it can be sold through a seized car auction, which the agencies prefer to do as soon as possible to minimize their storage expenses.

In many cases, a seized car auction can be a bargain hunters dream, enabling them to save hundreds, or even thousands of dollars, on a wide variety of cars, truck, vans, recreational vehicles, and even boats and other recreational sports vehicles. These seized, motor car auctions provide people with terrific opportunities to get a better quality vehicle than they might otherwise have been able to afford. For those who are really lucky, they could be driving away with their dream car after only paying one quarter to one half of the amount that they might have paid, had they gone to a regular dealership.

Before you attend seized car auctions it is best if you take some time and do a bit of homework upfront. If there is a certain kind of car you are interested in, then look up the current market value or the Blue Book value on it. Many people recommend that you should not do any bidding the first time you attend a used car auction; rather, simply observe the entire process from start to finish, thereby becoming familiar with the general auction environment and how a car auto auction works.

Where Can I Buy A Car From A Police Auction? is a post from: Bad Credit Auto Refinance

Original Post is located here: Where Can I Buy A Car From A Police Auction?