Saturday, July 31, 2010

Government Seized Car Auction - A Way to Buy a Car 95% Less

Buying a car at government car auctions seems to be a profitable decision for many U.S. people. The rules in those auctions are clearly defined so that you can be sure that you will not be trapped in undefined rules. The environment is totally safe and conducive for making a car purchase and the best part is the discounts which are up to 95% off the retail price.

It's no wonder that many people are switching up to these government car auctions especially in the current economic downturn. You can find many cars of different types like SUVs, Sport cars, or 4-WD cars at these auctions at cheap prices very often. Many times these auction have become a new hope for many people who have dreamed of buying a car but could not do it due to financial constraint.

The question which has been raised by many people is how government got those cars to be auctioned. Mostly government got those cars by seizing them from people who made tax evasion or any other crimes that made loss to government. Or they are got from people who failed to repay their car loans so those cars are seized or repossessed and sold off at these car auctions. Surely, the price of these cars is much less than the original street price. However, contrary to the popular belief, the vehicles that are available at a government car auction are mostly in low mileage and in very good condition.

Moreover, the bidders can inspect all the vehicles from up close before the process of car auction starts. Generally, in all the government car auctions, free VIN checks are conducted for additional safety. The secret trick is about knowing the venues and the locations of these auctions as much as possible. People who attend these auctions are usually less and most people out there are not even aware that an auction is taking place near their area. If the bidders are less in number, the number of bids placed would automatically go down. Then you can easily get a great car deal in that low level of competition in the bidding process.

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