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Police Auctions – One Mans Repo is Another Mans Wheels for Under $300?

Submitted by Ted Whitby on Sunday, 29 March 2009No Comment

Have you ever wondered where car dealerships get their used cars and trucks? One of the larger sources is police auctions because they can obtain seized cars and vehicles, usually in great shape, at very low prices. The car dealership will of course turn around and resell the vehicles to the general public for a handsome profit!

What if I told you that the general public is also often allowed to attend police auctions as well? Instead of going to a dealer and financing a vehicle, you can just attend a police auction to get a much better deal. If there is one less set of hands that take a profit before that car is yours, then you will pocket that incremental savings.

These seized cars and other seized vehicles are confiscated from criminals, repossessions, surpluses, etc. Many of these items are in new or near new condition! Any vehicle you can imagine — cars, trucks, SUV’s, jeeps, motorcycles, and many others are sold every day at police auctions.

The police seize thousands of vehicles every month all across the country and are in a hurry to get rid of them. Unlike a car dealership the government has paid nothing to obtain the car and their only real cost is keeping inventory. So the result is you have a motivated seller who has basically paid nothing for his items and wants to unload to avoid costs. The bottom line is the government wants to sell fast regardless of the bidding price to avoid inventory burden and associated costs.

Plan ahead of time to have a vehicle expert or mechanic available to assist you at the police auction so you can inspect the vehicles you like. Also make sure you get there early enough to do some inspecting before the bidding starts.

You can find out where upcoming police auctions are going to be held in your area by browsing the listings at qualified government and police auctions sites. There are auctions throughout every state. To find legitimate auction sites among the thousands out there consider using an auction review sites.

Government and police auction review sites are a great way to find the best auctions. By doing so you will maximize your seach time. Government auction reviews will also direct you away from sites and listings that may be misleading. So do some research on upcoming police auctions and government auctions in your area and start planning now!

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