Car Auctions Online for Public

Car Auctions Online for Public

There are two major reasons why there is a surge in vehicles being auctioned off both by the government agencies and private sector.

First of all, the present economic crisis that sent shock waves throughout the world, including the rich and financially stable countries like the United States, have made it harder and harder for ordinary citizens to keep up with paying for their car loan. As you can see, people, no matter where they are in the world, tend to prioritize their most basic needs like food, clothing and shelter.

When faced with a hard choice, an average-earning person would rather give up his car acquired through a financing scheme than not being able to eat three square meals a day or lose his house due to inability to pay his debts. This is the reason why more and more vehicles have ended up being repossessed by financial companies. These firms in return would want to recoup their investment by auctioning off repossessed cars.

Car Auctions in California

Car Auctions in California 

Try to look for car auctions in California to find the best deals and models possible. Government agencies, banks and other financial groups may repossess or seize thousands of vehicles each year from criminals, drug dealers and other unlawful individuals. The IRS and banks seize cars for unpaid loans and back taxes. Over time, these Southern California agencies end up with a lot of cars. The only option for them is to reduce the number quickly by selling the cars at very low prices.

It is absolutely untrue that cars sold by government bodies are junk or dysfunctional in many ways. You may be happy to know that some of the biggest brands known for performance and durability are available with 10% to 50% off the retail price. You can get your fantasy Lamborghini, Chevrolet or Ford truck at a fraction of the cost normally offered in the market.

Car auctions in California also boast several young cars ageing only about 2 to 3 years old with very low mileage. Some of the cars seized may have been used only slightly or pre-owned for a very short time making them almost brand new. A lot of individuals have been very satisfied in buying repos with no problems in terms of quality features and maintenance.

Local Auto Auctions

Local Auto Auctions 

Local auto auctions run year round, but it is often hard to find them. Many times you can find car auction listings in your area in the newspaper, but not much information is given. The listing will simply just inform you that an auction is happening at a specified location. This is fine for someone that is just looking to get used or repo cars to sell and make some money off of, but what if you are looking for a specific car? You might go to ten local auto auctions before the car model you want is there.

Quite recently, this problem has been resolved. With the power of the internet it is now possible to search to see if an exact car make/model is going to be available at local auto auctions. These listings are updated daily and are packed with cars that are soon to be auctioned off in your area. Whats even better regarding these online local auto auctions listings is that both a picture of the vehicle and the starting bid are displayed right in the search results. This is great because you get to see the car way before the auction starts and you get to see if its a wreck or not. I'm saying this because a lot of times the newspaper ads will say that they are auctioning off a 2006 Dodge Viper. Then when you get to the auction site the Viper's whole drivers side is smashed in. Having pictures of each car prevents you from wasting time travelling to these auctions just to be disappointed.

 

Seized Auto Auctions

Seized Auto Auctions

Have you ever wondered how people have the money to buy such luxury cars as Mercedes or BMWs? There is a good chance that these people bought their car from a government seized auto auction, or similar repossessed auto auction. There is a good chance that he/she did not buy that car at its full price. If you are really want to get a car like that, seized auto auctions are often a great way to find awesome affordable cars.

The cars that come from seized auto auctions are from criminals that have been caught. The government seized these cars because these criminals were dealing drugs or other illegal activities. Seized auto auctions are also sometimes repossessed cars that people could not afford and were seized by the bank. You can find practically an type of auto at a seized auto auction, including popular brands like Mercedes, Honda, BMW, Lexus, Cadillac, and Toyota, at far less than blue book prices.

These cars many times had only one owner, and often have very little mileage. You are going to find many vehicles in great condition at a seized auto auction. These autos will go for 3 to 4 times their price in a dealership, but are offered at less than wholesale prices at a seized auto auction.

The reason why there are so many of these great cars is that very few people know about seized auto auctions. Often times, dealers have the inside information on seized auto auctions and get these cars before you do, and sell them for 3-4 times the price they bought them at.

Public Police Auction

Public Police Auction

 

Police Auctions continue to grow in popularity as they provide great deals that cannot be found elsewhere. There are not very many downsides to these type of police auctions as you are buying from a government agency you can rest assured that you will not be ripped off and if you are not entirely happy at the end of the day you have a place to go and complain. Police car auctions online are becoming a happy hunting ground for car aficionados for they bring you a huge selection of affordable cars in various models at unbelievable prices.

With online police auctions you can buy a new car at prices, which are quite less than the manufacturer's price in the retail showroom. With GSA-held federal car auctions, you now have the opportunity to get hold of well-maintained government vehicles that are still of good quality at very reasonable prices. There are many types of vehicles at these auctions as well, so that you can probably find the kind of car you want with little trouble without leaving your home most of the time.

But always keep in the mind that public car auctions online do not give you a GUARANTEE or imply a WARRANTY of any type, kind, or nature on any purchase so make sure you know what you are bidding on. There are government car auctions across the country, and you can locate one in your area by simply contacting local government agencies or searching online. As much as possible, try to save time, effort and money by not listening to a fast talking, double dealing car salesman when your could purchase on your own a luxury car where all the info you need - and probably more - is offered to you by the government.

 

Cars at the Auction for Sale

Cars at the Auction for Sale

Any person who has some business sense knows that getting something for less than it cost is a good business transaction. It just makes sense! What does not make sense is paying more for something than it is worth. That is logical, it makes sense.

Now let us apply this to something that can benefit us. When trying to buy a car do you want to spend a lot or get good value while paying less? That is a no-brainer! You what the value and paying less. This can be done by buying cars for sale from a repo cars auction.

Where do repo cars for sale come from? The word repo is short for a repossessed. These are vehicles that people have not paid the bills. So the repo man comes along and takes the car back. Eventually those repo cars need to go up for sale.

So now you might be wondering where in the world are repo cars for sale? These cars and the deals for them are available and can be attained at public auctions that occur in every state.

Dealer Auto Auctions

Dealer Auto Auctions

Okay - so this answer seems simple - it is an auction where many car dealers both sell cars and buy cars. How does this work? Easy. Say you drive a five year old Toyota Camry but are going to trade it in for a big upgrade - lets say a Mercedes. You trade in your car and drive home with your new Mercedes but now the Mercedes dealer has a Toyota Camry to sell. A Camry really does not fit into the Mercedes cachet and the dealer likely does not want the Camry on his lot. People who go to browse at a Mercedes dealer are not looking for a used Camry.

The Mercedes dealer will then offer up the Camry for auction along with cars from other dealers to create the pool of cars that make up a Dealer Auto Auction. So now we have the inventory for the dealer auto auction so next we need the buyers. The typical buyer at a dealer auto auction might be local used car dealer. They are looking for inventory for there lot and these auctions are one great place to go.