Seized Car Auction
The 4 reasons why you must buy your next car at a seized car auction
You could save upto 90% off the retail value! (I know this is hard to believe but it is true!)
The government and police seize vehicles from previous owners if they cannot afford the repayments or they are criminals.
The government or police need to get rid of these cars as quickly as possible or else they sit in their pound taking up valuable space.
The government is not worried about getting the full price for these cars and in the right conditions; it is possible to get a nearly new car for 90% less than its current value!
It must be stressed that this is not always the case but it is quite common to purchase a car for between 30-75% its current value.
The one reason the car dealers kept seized car auctions a secret
It was not so long ago, that the public would never hear about seized car auctions let alone be invited to one, but by keeping an eye on the ads in your local paper and by searching for seized car auction sites you can now pick up the same bargains that the dealers get.
Car dealers do not like the public being aware of seized car auctions because they used to get the best bargains at the auctions and sell them on for 3-4 times the price they paid. Now you can buy these cars and save 3-4 times the price.
Most of these vehicles have been very well maintained and they are only at the auction because their previous owners could not afford the repayments. You can buy a quality car generally less than 3 years old for next to nothing.
What type of vehicle will you find at a seized car auction?
You will find a whole range of cars at a seized car auction, but the most common will be fairly new cars that have been maintained very well (repossessed because their previous owners could not keep up with the repayments), top of the range models, (normally from criminals), you may find the odd bargain that you can buy for $100 which will need a bit of work, or you could also find certain older cars that you may be interested in that are in good condition.
It is important to know that all of the vehicles do not still have finance remaining on them, so you will not be buying somebody else’s debt.
How to quickly and easily find your nearest auction.
The best place to find an auction is by searching the internet. There are many top quality sites that will provide you with details of your nearest auctions and when they are coming up. You can also view the cars online to see what will be at the auction and in some cases you can even bid online.
You can also find specific auctions like truck auctions if that is what you require.
Some of these sites charge a membership fee, but the inside information that you will receive for this fee is invaluable.