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.
Imagine if places like Walmart or Target never advertised the types of “great bargains” that they offer. I’m sure most successful stores would never get anywhere near the sales they have had they never advertised sales on specific items. That’s a big part of their marketing strategy and is a main driver for getting the public into their stores. Despite not advertising, though, government auctions still have a decent following and they are very successful at selling repossessed cars and foreclosed homes. The reason for this is simple because they have the such great deals and the informed public are aware of this.
Having said that my goal is to make interested people aware of the deals that are currently available from any of the numerous government auction agencies. For research I generally use my number one rated government vehicle auctions site as evaluated on my review site highlighted in the last paragraph. By the time you read this the items listed may of expired, however, it will provide you with an example of what kind of deals are available, so when you’re in the market for the same type of item you’ll know where to look and what price range to expect. For this article I have found a number of cars (and a pickup truck) among the tens of thousands that are available. These are just a randomly selected micro sample of some of the fantastic deals that are available:
* Plymouth 2004 Neon Sport 31.1K miles $3,250
* 2005 X5 BMW with 15K miles - $4,140
* Lexus 2005 RX300 4×4 13.5K miles $6,450
* Subaru 2005 Forester S 14.1K miles $4,320
* Toyota 2004 Camry LE 26.1K miles $4,070
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.
You should consider going to a live government auction rather than an online auction because you will have the time and opportunity to get a good look at the available vehicles. If you’re not a car expert yourself, you should bring someone along who is. Make sure you find out information concerning its quality and history. Remember, most people aren’t even aware of government and police auctions or the great values that can be found there so you can choose from a great vehicle selection one that normally would be outside your budget.