The Benefits of Government Seized Vehicle Sales
There are a ton of benefits when it comes to government car auctions and if you have experience buying used vehicles, you will find tons of great deals online. Standard vehicle resale (used cars) has always provided individuals with good deals, but in most cases, the seller (dealer lot) is in no rush to get rid of the car if the price isn’t right and this can mean they won’t budge when it comes to bartering and discussion. However, the government wants to get rid of these cars and that is why government resale sites are fantastic if you’re on a tight budget. Here are a range of benefits to using these types of auctions sites.
This has already been stressed enough in this article but you can get some crazy deals during a Government Car Auction. As already stated, this is because of the fact the sellers are not concerned about getting the best price for their cars and in most cases, they will be selling the cars to make room for other seized vehicles. It is also important to know that a lot of the cost has already been paid for during the repossession of the vehicle, further lowing the price. There have been numerous times that individuals have got cars for less than $5000 because of the way Government auctions work. However, it is recommended that you go to an online government auction site and use one of their dedicated tutorials that teach you how to bid and act during an auction. You may never have to go to a physical auction because most of the time, the wars remain online.
Thousands of cars get repossessed on a daily basis across the United States and they get taken for a variety of reasons. Because of this process the volume of cars available to individuals is huge and leads to a lot of variety when it comes to choosing the type of car you want to place a bid on.
You can choose from all types of models, so whether you want a sedan, SUV or pickup you have the options available, even if you’re in the market for a motorcycle. In the rarer cases, vintage cars are also sold in Government vehicle auctions and you can pick up some classic cars for a fraction of the cost. The vast variety of vehicles is due to the fact they are acquired from a range of people. The original owners could have stopped payments and had it repossessed or the vehicle was seized from a criminal. The range of cars is a beneficial factor that you’ll only find when bidding at a government auction.
With the advancements in technology, you no longer have to leave the house to bid on a vehicle. There are websites that offer the ability to place bids from your own home and certain sites that even give you access to some luxury vehicles. Some sites even offer tutorials on what you should do when placing a bid, saving you from going to an auction and learning the techniques the old-school way. Online auctions are a lot easier and cost effective than buying a car new or leasing.
A lot of people consider buying a used vehicle for their first car, simply because of the price. Many new cars are too expensive for first time buyers compared to the savings you can get with a used vehicle. In most cases the process of buying a used vehicle presents certain challenges the buyer should be aware of while searching. Smaller used car lots will try and pass of a vehicle that has a value worth less than the price you paid for. The information provided by such sales representatives may not all be accurate and this leads to a negative buying experience. Individuals who, depending on the situation, might be short on time or require a vehicle quickly. These circumstances provide an avenue for the sales representatives again, to take advantage of your situation.
Fortunately, there is a way to purchase a used vehicle without having to worry about inaccurate or misleading information about the car. Government car auctions are available to the public to purchased used and seized/repossessed vehicles from a variety of locations. Vehicles listed come from an assortment of manufacturers, including: Ford, GMC, Chevrolet, BMW, Lexus, Land Rover and Porsche, to mention a few. Government auctions provide thorough vehicle information and the opportunity to research more in-depth about a vehicles history.
Benefits of Government Auctions
Tradition used cars can be dated vehicles, that will not live up to their value or offer any incentive for resell. Vehicles listed through government auctions typically date back 3 or 4 years old at the time of sale. These vehicles are collected from various parties such as: repossessions, seized vehicles and retired government vehicles. The mileage is another great factor to consider as many vehicles up for auction have less than 40,000 miles on them.
The majority of vehicles listed are from repossessions, but there have been some luxurious/exotic cars like Ferrari’s and Cadillac’s up for auction as well. Regardless of where the car came from originally, you will not be sold a faulty or dangerous vehicle. Even if the vehicle isn’t an official retired government car, the vehicles listed are tested and cleaned prior to ensure they are safe for driving and purchase.
The main reason why so many people go to these types of auctions is due to the lower prices available then your traditional used car dealership lots. The inventory is constantly changing on a weekly basis, so even if you want to hold off for a large brand named vehicle there is opportunity to do so. The bids are broken down into 3 levels, $100, $250 and $500 increments. If you are lucky enough to be one of a few bidding on a particular vehicle, you may be able to acquire it for much lower than anticipated!
Get in the Know, Now!
One of the smartest things you can do to absorb all of the information you need about Government car auctions is to sign up for the website, Government Car Auctions They have a step by step tutorial for all members so you know exactly what to expect and what to do throughout the bidding process. You are allowed unlimited access to all the vehicles that are available for purchase – even if it’s within a different state. The best part is that they don’t just have vehicles available for purchase. They have everything from cars and boats, to real estate properties and personal properties as well. You will literally save thousands of dollars on the purchases you make from Government Car Auctions.
The vehicle resale value of these repossessed/seized and government vehicles is huge! Even if you want to consider reselling or “flipping” vehicles, the margin to do so is available, plus the addition of the vehicle information makes reselling easier. Even if you have only ever bought new cars, we encourage you to experience buying a used car at least once. You will not be disappointed in the care and quality that make up these cars.
We have a 5-day tutorial available to new members that will ensure you are comfortable with going to an auction and are knowledgeable about the process before it even begins. The last thing we want is you to feel overwhelmed or scared about diving in head first.
Day 1 consists of a full welcome and introduction day. You will be given a summary of what a whole auction consists of and what to expect when you get there. On Day 2, we will dig a little deeper into the realm of auctions. This is the day we prepare you for the actual bidding part of an auction. We will also go over how to inspect the vehicle thoroughly and accurately so you can tell if it’s the exact car you’d like to purchase or see if there are others you’d prefer to bid on. Day 3 is schooling on how to get the biggest bang for your buck. We will show you how to lock in the best deal and go cruising home in a new ride. Day 4 focuses on buying online and across the country. And Day 5 is a refresher of the earlier days and reinforcing of key points and ideas to keep in mind come auction day.
One of the most appealing parts of buying from a government car auction is the fact that there is every make and model car available for purchase. Government Car Auctions is the largest auction service online. There services and knowledge database will turn anyone into experience buyers. They know what they’re doing when it comes to cars, with one goal, to make their customers happy and satisfied. Explore their listings and get behind the wheel of your dream car all while paying half the price.