When the federal government arrests drug dealers, terrorists, or other criminals, they often seize the car. Every so often, citizens are given the opportunity to buy these cars in government car auctions. Let us continue further by giving you some more information on these car auctions…
Some people may not want a car that has a questionable past. Although cars seized by the government were once involved in crimes, buying a car from the government is perfectly safe.
This consideration aside, the cars you get at these types of auctions are often the best deals you will get on cars anywhere. Most of the automobiles are in excellent shape, and the government is usually willing to let them go at significantly lower prices than you would find elsewhere. The US Government is in serious debt right now, so it is happy to make any profit at all off of the property it has seized. Most of the cars seized are in good condition, so you will probably get a car you can use for several years. However, auction cars are usually sold as-is, meaning there is no warranty in case something does go wrong with the car.
If you are looking for a new car and want to go this route, the best technique to use would be to turn to the Internet. You can even bid on or purchase a car itself over the Internet, and you can read a detailed description and have it shipped to your area once you’ve purchased it.
However, if you find an auction site online, you can often see advertisements for the cars it has to offer. The advertisements should include the car’s Vehicle Identification Number (VIN). You can use this number to research the car’s history and make sure that there are no problems with it.
On the day of the auction itself, make sure you have access to enough money. Most cars will go for 2, 000-10, 000 dollars; you normally have to put a deposit down in order to secure the vehicle. Some auctions will require you to put down the entire payment, while others will give you a few days to pay the outstanding balance after putting down a partial payment.
If you are looking for a new car, government car auctions are generally a good way to go. The chances are you will find a car that meets your needs for a low price, and that you will be able to drive that car for years to come.