Have you ever heard of seized automobile auctions? Have you ever wondered if there is an alternative to purchasing your next car througha dealer,or of someone getting a car at an incredible price, or wondered what happens to vehicles seized by the banks, police agenciesor the government? Are you curious about what happens to pre-owned government vehicles? These vehicles are sold at auction;some at on site auctions and some at seized automobile auctions. Buyers can get these cars for thousands less than retail and some starting at bids of $100.00.

If saving that kind of money is not a good enough reason to visit a seized auto auction then here are five more

1. Seized automobile auctions are fun

Seized auto auctions can be a lot of fun. First there is the excitement of bidding for that car that you always wanted. Then there isthe thrill of getting your dream car at a dream price. You could even practice by guessing what the top bid will be and see how close you come. How much would you have saved

2. They provide peace of mind

It is very important for seized auto auction sites to maintain a good reputation. To this end many sites provide services suchas vehicle history reports for a small fee,or programs to protect buyers from fraud or misrepresentation. You may even be ableto check out the sellers rating if they have sold on that site before. There are also resources on how to purchase a car onlineand how to bid to your advantage

3. They save time and effort

Driving from dealership to dealership, or from private owner to private owner can waste a lot of your precious time and play havocwith your nerves. What if your schedule just does not give you the time to run around? With high gas prices who wants to do all that driving. With seized auto auctions you set your own schedule for research and can bid at home or during coffee break or lunch.

4. They help you stay on budget

A major problem faced buy most buyers is letting your emotions influence your buying decision. Something the average car dealerknows how to exploit. Seized auto auction sites protect you from the heat of bidding by allowing you to place a maximum bid levelbefore starting the auction. This way you can only bid as much as you common sense will allow. That is as long as you do not letyour emotion decide the maximum bid to begin with.

5. That is where you get your car at a bargain price

Car auctions are one of the best places to get a great car at a bargain price. Thousands of cars, trucks and motorcycles end upin auctions. Many of these vehicles are in prime condition; being either repossessed by banks or law enforcement agencies,or pre-owned government vehicles. Many sites boast cars sold for savings as high as 90% of retail. While this is possible mostvehicles go for around wholesale or blue book value. Still a sizable savings over anything you can get from a dealership.

Research is your best friend. Like any major purchase you should do your research on the car you plan to purchase. Familiarizeyourself with the policies and guarantees offered by the seized auto auction site. Get all the information you can about the vehicleand the seller. Check out insurance and financing options.

Prepare well and you you will have a stress free and profitable experience. You may end up owning the car of your dreams for thousands less just buy trying out the seized automobile auctions

For more information go to

click Here

A car auction is a like any other where a commodity is sold to the highest bidder. Most potential customers attend an auction believing that the price of a used car would be substantially lower than the market value. However, this is often not the case. In addition, auto auctions are infamous for marketing flooded and stolen vehicles, which are bought by unsuspecting customers.

In general, there are six types of car auctions. They are as follows: – Wholesale auto auctions: These are held by car dealers for other car dealers. – Public car auctions: These are open to all. – Company car auctions: These are open to employees of the company. – Police & Government car auctions: These are usually open to all customers. – Bank, Insurance, and Salvage car auctions: These are open only to car dealers. – Online auctions: The most recent addition to car auctions, they are open to all.

Although all auction types involve a risk component, online auction is possibly the most risky. This is because, you bid only by seeing the car’s features and photo on a website. If you become the highest bidder, you are bound by contract to pay even if you have not seen the car in person. Sellers often give incorrect or false information about their car. Therefore, run a used car title check on the VIN# to verify the seller’s claims. The seller may not list the VIN# and may provide wrong information about the model, year, tax payments, and insurance cover of the car. A Vehicle History Report will enable you to verify these factors. Another problem associated with online auctions is that the seller may ask friends to make false bids just to hike the price of the vehicle. In addition, you may have to travel long distances to pick up the purchased vehicle.

In the other types of auctions, you can inspect cars before bidding. Therefore, arrive at the auction site well in advance. Check whether all the VIN# stickers in a car match. Otherwise, it was either stolen or repaired with the parts of another car. Ensure that the car comes with the title. If you are in a hurry to buy and no title is available, at least ensure that the contract states exactly when the title will be provided to you. Otherwise you will have to run around for it. Before you bid, remember that you will have to pay a buyer’s premium in addition to the price of the car. This could be 5 to 10% or lesser; find that out earlier. Furthermore, check out the traffic light behind the auctioneer to find out whether the status of the car title is red, yellow, or green. Everything about the title is fine if the light is green. Ensure that title status is mentioned in the contract. A Vehicle History Report is important in these types of auctions too.

The main intention to purchase from an auction is to obtain a used car at a rate much lower than the market value. Therefore, decide on the model of the car, check your bank balance, and decide on the price you can go up to before bidding. Don’t get carried away by all the bidding activity around you.