You may be aware that government officials seize thousands of vehicles every year, but have you ever wonder where they go? The fact is, seized vehicles get auctioned off at county, state, and local levels, and due to under-publication and the need to get rid of these vehicles quickly, you can often get amazing deals on nearly new cars. If you are think about getting a car, think about taking a look at the seized vehicles in your are and make sure you follow these tips.
1.Join a list
... or make a few phone calls. Through calling your local police station or sheriff's office, you can figure out how and when they will be getting rid of their seized vehicles. More than likely, these seized vehicles will be going to car auctions, so you need to figure out when and where this is happening. Some areas will have very complete listings for very large auctions, while some will be smaller affairs; figure out what you are getting into before you travel for it.
2.Know your limits
Think about how much money you have to spend and then stick with it! Many people, even ones who are typically quite cool-headed and practical, can get carried away by the exciting nature and fast pace of auctions, so think about what you can afford to spend. Many auctions for seized vehicles are meant to be paid off right away, so keep this in mind before reaching for your wallet.
3.Do your homework
While some auctions are very much "what you see is what you get" some will actually put out catalogs before the auction day. These are quite large auctions and there is usually quite a bit of information available on the cars. If you can get the Vehicle Identification Number, do so, and see what you can find out about the history of the car, where it has been and whether it has been in any crashes. For instance, if you live in a dry place like Arizona, a car that is from Wisconsin, with its cold wet winters will be certainly less desirable!
4.Be realistic
By taking a look at seized cars, there is the chance that you'll come away with a real gem, but more likely than not, you'll simply come away with a decent used car. Remember to use your best judgment and take as good a look at the car as you are able to before you put down your money. Remember that these cars are sold without warranty and that there is definitely no return policy.
5.Do some research online
These days, auctions for seized vehicles have as much or more information online as they do in print. Go online and do your research; there's a chance that you might find some eBay-style auctions that are online only. Do your best to be careful, and if at all possible, make sure that you see the car before you put down your cash. Going online is also a great way to locate auctions in the first place.
If you are curious about auctions for seized vehicles, or just need more knowledge on used cars in general, head to cheap used cars for some great information on the topic!
Thursday, January 24, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment