July 22, 2009
Auction Car; If You’re Worried About Your car Expenses
Have you ever considered buying an auction car? If you’re looking for a great car and want to spend as little money as possible, a police or government vehicle auction might be the place to go. We are now in a financial crisis and very many people don’t have much money to spend on cars, especially not quality cars. Whatever you do, don’t purchase your car at a dealership that promises you a good car for very little money down. There’s a good chance that the interest rate is far too high and that the vehicle is not so good at it appears to be.
At a police or government vehicle auction, however, it’s absolutely a fair chance to get a quality auction car at a very nice price. Cars sold at police car auctions are vehicles that have been seized for criminal reasons and then they’re auctioned off to the one who bids the highest. So don’t leave money on the table; go to a police auto auction and land a great bargain.
The Reason The Vehicles Where Seized.
Drug crimes seem to be the number one reason for seizing cars. In many cases the cars have been used for drug deals and it other cases the dealer has used the money he or she earned from drug dealing to pay for the car. Often these cars are really nice; you can find sports cars and even high value luxury cars. You may find a few flaws on some of them, but compared to the amount of money you can save on high value vehicles, this is no big deal.
There are lots of other reasons why a vehicle would be seized, and then sold at a police or government vehicle auction, for example the fact that the owner may have not paid parking tickets or have received too many DUIs.
Surplus Auctions
The police needs cars they can trust which means high technical standard and that they have to be relatively new. To make this possible they have to replace their vehicle part pretty often. When the new cars are coming they get rid of the old cars by auctioning them off. Before they can be auctioned to private parties, all police appearances have to be removed from the vehicles. Some of these cars are nothing but great bargains; decent cars at an amazing low price.
Testimonials from pleased customers at police car auctions are many. At a police or government auction you can get a new or hardly used auction cars far below the vehicle’s listing values.
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by Terry Carters
Filed under Cars n Stuff by Sanjay
July 2, 2009
Why Not Consider Buying at a UK Police Car Auction
Constantly inside the entire UK, police precincts impound an amazing assortment of goods from criminals and organized crime participants. Most of these items include vehicles, which law agencies have no realistic use. So every now and then, they need to host a police car auction to get rid of such vehicles in an efficient, advantageous manner. A police vehicle auction is a terrific place to locate amazing bargains at up to half off their normal market price.
Why You Should Consider Auto Auctions
More than just law officers confiscate the vehicles you see at a public car auction. A good number of cars are also seized by entities like Revenue, Customs & Excise, courts and bailiffs. It doesn’t take long for the numbers of seized vehicles to increase to the point where they must be disposed of at a government car auction. Many people who attend these events turn around and re-sell the vehicles they buy for a tidy profit that’s often double or triple the price they paid at auction. That’s because the agency selling the vehicles is looking to get it off their hands as opposed to earning revenue off of it. Also, because there aren’t any direct costs involved, vehicles sold at police car auctions have low or no reserves. A reserve is the amount set by the seller below which a bid will not be accepted. Ordinarily, a reserve price is set, and it’s equal to the actual market price of the car. But with auctions ran by the government, such reserves are considerably lower.
What You Should Know Before You Bid
Even though a police auto auction is a great place to find an amazing deal on the car you’ve always dreamed of, there are a couple of facts you should know before you participate. The first thing to keep in mind is that if you bid, you are obligated to honor the bid if you win. Also, once you bid in a public police car auction, you’ve involuntarily acknowledged the guidelines and regulations that accompany the sale.
Once you’ve done your homework and understand your obligations as a bidder as well as the mechanics of a UK police car auction, you’ll almost be set to get a good deal on a great car you might not could afford outside the auction.
What Else Do I Need to Know About Police Auto Auctions?
It’s a always a good idea to buy a guide book that lists the market values of the types of cars you’ll be bidding on. This will help you decide what a fair price for a given vehicle would be. Also, remember that the vehicles at a local police car auction are sold “as is,” meaning that there’s no warranty or recourse if you have a problem with the car. There’s no returning the car for a refund, either. Generally, cash is preferred and credit cards are not accepted. You are also responsible for any applicable taxes and fees.
Filed under Cars n Stuff by Sanjay