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Not every person who drives a luxury car is rich. The neighbor, who drives a BMW or Mercedes may have received the car as a gift, he inherited it or won in a bet or a lottery.
If you do not have wealthy family or they can leave a Jaguar, or you do not believe your luck in gambling, there is an option for you. Get a government auction seized vehicles and be able to drive the car of your dreams without having to pay an arm and a leg for it.
The government seized a car?
When criminals are caught, the government does their property including their vehicles. The then government auctions on these cars.
As you can imagine, a lot of criminals to drive expensive or highly customized, and have a variety of vehicles that will eventually take over the government auto auctions.
How do I find government seized auto auction?
These auctions are held periodically in different parts of the country. May be one near you, but if you're willing to travel that expands the range of options considerably.
You can search for tenders in newspapers or online. If you decide to look online, you can either do your own research or use a service online auction directory (one-time fee). If you rent a directory service, be sure to get a money back guarantee.
How do I participate in a government seized auto auction?
Once you've found an auction you want to participate and contact the directors of auction and ask questions about the registration requirements. In most cases, free registration and photo ID is all that is needed.
How can I pay for my purchases at these auctions?
Most auctions accept cash, check or credit card (Visa or MasterCard). Terms of payment differs from the auction bidding. Some auctions will require a deposit on sale day and balance the following day.
Other sales immediately to demand full payment for all purchases. Deposit auctions that allow the day of the auction may require immediate payment of the total purchases worth less than a certain amount, say, $ 5.000. Before entering the auction site, what are the forms of payment allows the auction.
Is there any auctions for real?
It 'can get good deals in these auctions, but you must do your homework. Do not go there until you armed any car you want and what the price of a car would take on the market.
The best deals at auctions government seized cars are generally older, in good condition vehicles.
There are several disadvantages of the acquisition of vehicles, self-government seized auctions. First, the selection changes all the time. You can not specify the type of vehicle you want. You have to make do with what is available. And due to constant changes in the selection, you can not expect the detailed descriptions and prices.
What information is obtained are not necessarily reliable. It would be best to check the vehicle yourself. If the auction is far from their place of residence, have to travel on the auction site at least a few days before the auction day to inspect the goods.
Secondly, you can test drive the vehicles. You can search the vehicle over and ask questions, though. The vehicles are not available on the day of the auction, but the preview of auction, usually one or two days in advance. This is another reason to travel auction site, at least for a few days in advance.
Thirdly, these auctions do not offer warranties. So be sure to get as much information as possible about the car you want. Ask administrators to auction for the number of car vehicle information (VIN) and use it to get a CarFax report on the car.
CarFax report will give you valuable information such as odometer readings and the history of flood damage or accidents.
In addition, the price can be very competitive, especially if your car is your look is a new, popular, or well maintained. You may find yourself offered against dealers of used cars, many of these auctions to find opportunities that can be sold separately.
Furious bidding can push prices up for auction, sometimes near or even exceed the actual value of the car. When this happens, it is useless to acquire the car at an auction. You might as well buy it elsewhere.