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Impounded Car Auctions – Find the Cheapest Vehicles Around

Thursday, January 14th, 2010

If you are on a cheap vehicle hunt, you must have heard about impounded car auctions. Also known as repo or seized car auctions, they keep on gaining fame due to the lowest starting bids around. Ironically, this is, at the same time, what scares many people, who think that a good auto can’t come at a low price.

So, are they scams? Definitely not – on the contrary, impounded car auctions are the most reliable and safest of all used auto auctions, because they are held by official government agencies, lending institutions and banks. Here, nobody is trying to cheat you and cash on your wish to save. The more so, as you can see from the starting bids, the vehicles are sold not to make a profit, but rather to simply get rid of them.

You may wonder why the government is not interested in raising the initial price. The answer is obvious: with thousands of cars being impounded every month due to various reasons, there is simply no capability to store and maintain them all. Rather than letting to rust and lose their value day after day, the vehicles are sold at an attractive price.

Impounded car auctions have a good selection of vehicles of different models and years of manufacture. Some rare models as well as luxury cars can occasionally be found here as well. In most cases, the cars are well-maintained, if not nearly new, and you are welcome to inspect them ahead of the auction. History reports and VIN reports are provided too, and you are free to make your own additional research.

However, don’t raise your expectations too high. Impounded car auctions don’t automatically mean that you will drive a posh car for a few hundred bucks at the end of the auction. Although good vehicles can start with a very low bid, the sum will inevitably increase, sometimes very drastically, especially if a lot of bidders are involved. But then, this is what happens at every auction – a highly desirable item will attract extra attention.

Sometimes, to get used to the auction’s pace and feel more confident when making a bid, you need to attend a few auto auctions. With a little time and practice you are bound to learn all the ropes of successful bidding.

To get all the latest information on impounded car auctions in your area along with auction schedules, rules and even partial listings, you can use an online auction directory at a one-time low fee. Undoubtedly, this is the fastest and easiest way to find impounded car auctions for those who are seriously determined to get the cheapest deals around.

Perform a quick search for your favorite car now at the online directory for impounded car auctions listed on my auto blog now.

By: Davion Wong

About the Author:

Uncover useful tips on public car auctions [http://publiccarauctions.blogspot.com] such as where to find cheap public car auctions near your home.

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Government Seized Car Auctions

Wednesday, December 16th, 2009


Government seized car auctions are probably the secret behind why some people can keep changing their cars. No, I am not talking about those millionaires who are so rich to keep collecting sports convertibles from the car showrooms. I am talking about the average Joe’s or your next door neighbor. Buying a new car can be an expensive affair and the moment you drive it out on the road, depreciation hits home. And the fuel costs can really add to the pain. So, let us see why government seized car auctions could be your answer to getting your dream car at hugely discounted prices.

As mentioned, the fuel costs, taxes and all the expenses on up keeping with the installment can be unaffordable to some folks. Tax evasion or other seizure laws could lead to these cars being seized by the government. The government then auctions these cars away to the public. Some of these cars are only a few months old and definitely feels and look new. So if you do not mind a second hand car, then government auto auctions are great hunting grounds to buy a new car.

The selection of vehicles available at government seized auto auctions can be wide. And those who know what these auctions can offer are the first to rush down. The bids start very low and often, you can see price tags at up to 90% off the retail showroom price. In other words, you may get an almost new car at $2000 if the original retail price $20,000. Used car dealers would hang around at these auctions and often buy a few cars to be resale for high profit margins.

There are not many people who really know much about seized auto auctions. They either do not know where or when it is taking place. Yet, the fact is they are ongoing in different states throughout the year. So, if you are one of those who managed to find out more, you are in a better position to bid for your dream car. Whether you are buying a car for personal use, or buying to resell later, these auctions can offer some of the best deals. Do not waste your precious time dealing with dishonest or sweet talking used car dealers.

At the government seized car auctions, you are allowed to view those vehicles on auction and perform some physical checks. So be sure not to miss out checking on the hood, inside the car, the VIN# before bidding starts. If you like what you see and have done the necessary checks, go ahead and bid for it. But be sure to know what your limit is. Never engage in a bidding competition with another person if you are unsure of how much the car is worth.

Find your dream car at the nearest government seized car auctions through my car blog.

By: Davion Wong

About the Author:
Davion is crazy about fast cars. Uncover useful tips on seized car auctions such as where to find cheap seized car auctions near your home at his wildly successful car blog.



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Seized Car Auctions 101

Saturday, October 10th, 2009


Seized car auctions or government car auctions are hot spots for anyone looking to buy a repossessed or seized car at dirt cheap prices. These auctions can offer you a used vehicle in good condition for as little as 80% off the retail value and even $100 in some cases. Thousands of automobiles are seized everyday through the different seizure and surplus laws by government agencies and made available to the public through seized car auctions.

Government Agencies that Offer Seized Cars for Bidding

Seized or repossessed cars are put up for sale by government agencies like the General Services Administration, the Internal Revenue Service (IRS), US Marshals Service (USMS), US Customs Service (USMS), Small Business Administration, US Department of The Treasury, Homeland Security, Department of Defense Reutilization and Marketing Service (DRMS), Department of Agriculture (USDA), US Department of Defense (DOD), Department of Energy (DOE), State and Local Police departments, US Bankruptcy Court and so on.

Types and Makes of Repossessed or Seized Cars Available at Such Auto Auctions

SUVs, sedans, trucks, specially-fitted patrol vehicles and other kinds of automobiles are available for bidding at these auctions. Do not be surprised to see different car makes including luxury brands both Japanese and Continental at these places. Car makes like Honda, Nissan, Toyota, Lexus, BMW, Mercedes Benz, Acura, Cadillac, Infiniti, GM, Ford, Chrysler and even top of the line wheels like Ferrari, Maserati, Porsche, Lamborghini and Aston Martin can be found at a small fraction of their original prices.

Many of them fall below the 3 year old mark and have covered mileages of less than 35,000 miles.

Why are Cars Seized by the Government and Sold Cheaply in Auctions?

There are various laws governing the seizure of vehicles including anti-mob laws and tax laws. Some of these cars are seized from drug and criminal syndicates. Others belong to folks who default on tax payments and these are normally acquired by the IRS. Yet there are others who are caught in bankruptcy suits that led to the eventual surrendering of their automobiles to the government agencies.

Everyday, thousands of cars end up in seized car auctions because the government agencies do not wish to waste money in maintaining them. Huge storage spaces as well as the depreciation of these used cars make it more imperative for them to auction the repossessed vehicles at depressed prices.

Who Can Take Part in These Seized Car Auctions

Until recently, many people do not know about these auctions. For a long while, these auto auctions are privy only to used car dealers. So these businessmen have been keeping mum about it and quietly profiting from them.

Seized car auctions are either closed or open. Closed auctions are open only to those who have an approved license to bid, while others are accessible to the general public. As long as you are above 18 years of age, you can purchase a repossessed used car at the auction.

Do not envy those who are driving cool sports convertibles when you can drive one home today. See my blog to learn more about these seized car auctions.

By: Davion Wong

About the Author:
Davion is crazy about fast cars. Uncover useful tips on seized car auctions such as where to find cheap seized car auctions near your home at his wildly successful car blog.



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Online Car Auctions – Caveats to Watch Out For at Car Auctions Online

Friday, September 25th, 2009


Online car auctions may offer great car deals but there are caveats to watch out for. If you are new to bidding for a car at eBay and Yahoo Auctions, then this article will help prepare you mentally and avoid the mistakes which most people make. Be aware of these and it will go a long way to help you save the hassle, avoid disputes, save some money and let you drive off your dream car purchased from online car auctions.

1. What You See is What You Get

A photo is all you see about the car you are buying. It sounds scary but that is the nature of online car auctions. So you can either get used to the idea or avoid them all together.

2. You Buy What You Bid

Once you win the bid, there is no turning back. You are bound by contract to pay for the car.

3. Fake or Unlisted VIN

Sellers may not list the VIN numbers on the auctioned cars. At times, you may even come across fake VIN numbers. There are also listed vehicles with multiple VIN numbers especially if they were involved in major accidents and repaired with parts from different cars. There is a way to check by running a used car title check.

4. Incorrect Car Details

Some sellers either intentionally or unintentionally disclose the wrong car details such as incorrect engine configuration, model and year of manufacture. Doing an AutoCheck Vehicle History will get you the correct details.

5. Fake Bids

Beware of fake bids. Some unscrupulous bidders can hire a group of fake bidders to push up their prices artificially.

6. Shipping Costs

You need to check out the shipping costs involved. Do not get too excited and forget to include these in your overall budget set aside for the car.

Look out for these when bidding at online car auctions and you are in a better position to get a good deal. Find out how you can save the trouble, avoid the risks and driving home a car at up to 90% off retail prices by participating in seized car auctions through my car blog.

By: Davion Wong

About the Author:
Davion is crazy about fast cars. Uncover useful tips on seized car auctions such as where to find cheap seized car auctions near your home at his wildly successful car blog.



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Public Seized Car Auctions Are Popular in Tough Economic Times

Wednesday, February 11th, 2009


Searching for a dream car at a very reasonable rate? If you were, then Online Auto Auctions is the best venue for you and the best solution to your concerns regarding owning that luxurious, yet affordable car. It cannot be denied that these Online Auto Auctions are now becoming very popular anywhere and is purposely designed for those who don’t have the luxury of time searching for the perfect car.

If you were hesitant as to where to locate these online auctions, then you should know that they can be found with the use of your computer. Just a quick search can be done and you’ll have them all. They can also be found at Seized Car Auctions, Government Auctions and other venues for this matter.

For those who don’t really have any idea about these auctions or who are new to this kind of process and are quite scared about deciding on anything, no need to shed a tear because tutorials are made available for your convenience and confidence. These tutorials will hold sessions regarding how to shop, bid and pay for a car when it is bought at an online car auction. These tutorials can also help you know the history of the vehicle that you like, check if the title is clean and will teach you how to obtain a good deal.

Another easy way to locate is to use commercial directory services that provide the complete list. It has been said that those government and police cars that are featured in the auction are exceptionally popular since those autos won’t be part of the auction if they are not safe or desirable.

Same is true with Public Car Auctions which is also a great venue for people to have access on these car auctions. They can be checked either by browsing through tons of newspapers and magazines available, call a long list of government offices to check with, or the most convenient way is to use Public Car Auctions online directory for the search. However you performed the search, once you’ve made the bid, just wait for the result. You’ll find out if you’ve made the right choice or not and whatever the result is, hopefully you enjoyed the process and got something out of it.

By: Barry Penn

About the Author:
Seized Car Auctions are the cream of Public Car Auctions. No matter where you live, we have listing in your neighborhood in our nationwide directory.



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