Monday, February 25, 2013

Additional Government Auto Auctions Tips

carThere are many guidelines that you should follow when checking out vehicles at government auctions, and many of these guidelines apply to buying cars in general. In order to snag a car at a bargain price, whether it’s a 1998 Honda Civic or a 2011 Mercedes E-Class, you will have to do a substantial amount of research beforehand. This includes checking the current market values of the cars, which will be influenced by numbers like:

  • Mileage: depending on how high the number is, a car may or may not be desirable considering the lifespan of the engine. Then again, a car that has been serviced and taken car of constantly throughout the years will make the car a better buy.
  • Engine: a bad engine essentially equates a bad car. Make sure the car’s engine is clean and runs without too much noise. Check the engine oil as well as potential leaks that may be found on the engine.
  • Bodywork: always check to see if the car you’re interested in has any damage, such as dents, cracks, rust, or water damage, both on the exterior and interior.

It is up to you what kind of standards you are looking for in a car. If you simply want a vehicle that can take you from point A to point B, chances are you can find one at a very low price. However, take it upon yourself to physically check the car thoroughly before even considering bidding on the car. While it’s possible that you can save hundreds or even thousands of dollars if you win a car, you don’t want to end up shelling out those hundreds or thousands on constant repair and maintenance fees.

On the other side of the government vehicle auction world are online car auctions. These are much trickier auctions to participate in given that it’ll be very difficult to check the conditions of the car unless you physically travel to the car’s location. On top of that, even if the car is in fine condition, if you win the auction, you will almost always have to take care of the shipping and handling yourself. For a large item like a car, this can be a very pricey task. Then again, online auctions do prevent a lot of hassles such as physically dealing with professional car salesmen and auctioneers. A simple payment method and a few clicks to input your bids are essentially all you need to do.

Attending a government vehicle auction is a very good way to hunt for some bargain car deals. Much like buying a new car at a car dealership, a pre-owned car at a second-hand dealership, or cars from individual listings, buying a car from government auctions involves plenty of research.

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