Friday, July 2, 2010

Government Auctions Repossessed Cars

2005 bentley continental gt or 31,023 frontDid you ever watch the TV show COPS and wonder what happens to the cars after the police chase is over (And no, I am not talking about the cars that end up plowing into everything on the road – I am talking about the peaceful chases that end with no real damage to the car, other than maybe a flat tire)?  Depending on the nature of the crime, the car will be repossessed and will eventually find its way to the auction block.  Once at the auction block, this once quasi-famous car will be joined by some of its other four-wheeled brethren where a government auction on repossessed cars will take place.

Not all cars come to the auction block with a televised resume.  Some cars are repossessed because the owner failed to pay taxes on the car leading to the IRS or another government agency seizing the car.  Other cars have more of an international flair – having been seized by customs when the proper tariffs weren’t paid.  And of course, there are the aforementioned seizures by police.  Not all of those seizures come about because of a car chase.  Some of the cars are repossessed because they were used to commit a criminal act, while others cars are repossessed because they were obtained through illegal means, such as being stolen then resold, or with illegally obtained funds.  The end result of all of the government having these repossessed cars is that the government auctions repossessed cars, and you can purchase one of these cars at auction.  When you are purchasing these cars you will be able to buy them at a discount.

Purchasing these cars at auction will save you the hassle of trudging down to the used-car dealership and dealing with a pushy salesperson, who will try to sell you on a car that you do not want.  Then you have to deal with finding out the real history of the car, and wondering whether the dealership is telling you the truth about the car not having water damage – despite the discolored flooring and rusty body.  With a government auction you don’t have to worry about that.  No pushy salesman will be trying to get you to buy a questionable car.  You will be able to inspect the car on your own, read the vehicle history report, and not have to worry about some random salesperson questioning your motives.  Well, not exactly.  You may actually bump into a few used car salesman at a government repossessed cars auction.  After all, they have to get their used cars somehow.  They will usually be the early bidders on a car, and will drop out when the price gets too high.  However, the best way to get yourself a deal with a Government Auction on Repossessed Cars is to do your research and know what car(s) you want to find.  After all, with the right amount of research you may end up finding a great deal on a sports car, or luxury sedan.

So now that we know what kind of deals you can get with government auctions on repossessed cars you have to know where to find these deals.  You can search for hours online, or reading through newspapers.  Or you can go and activate your free trial here, and search through the thousands of listings to find exactly what you are looking for.


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Posted in Automobiles, Autos, Cars, Luxury Cars