Thursday, January 8, 2009

Government Auctions - Samples of Great Cheap Cars Available

By Nicole Barns

There have been many articles written about police and government auctions, but very seldom are there any specific examples given of the types of repossessed cars you can purchase at them. The government seldom advertises their auctions or the types of items that will be sold at them, so the only way to find out is by doing research on the Internet. The government wants to get rid of it's inventory of foreclosed homes and repossessed cars, but they don't want to spend any money on advertising.

What if retail stores such as Best Buy or Walmart never bothered to publicize their great deals? Do you really think Walmart would even get near the business they get today if they've never advertised? A good portion of many retail stores attract their audience by advertising sales and discounts ahead of time. Police and Government auctions, however, still has a popular following even though the government never spends on advertising the specific items it will be selling. The government doesn't have much of an advertising budget and yet they still manage to quickly sell their merchandise and that's because they have best bargains period. There is a vast difference from the retailer who has to pay for marketing, the cost of the item itself and above that they need to make a good profit. The police and government don't have any of these costs so obviously the savings is reflected in the items price.

Having said that my goal is to make interested people aware of the deals that are currently available from any of the numerous government auction agencies. For research I generally use my number one rated government vehicle auctions site as evaluated on my review site highlighted in the last paragraph. By the time you read this the items listed may of expired, however, it will provide you with an example of what kind of deals are available, so when you're in the market for the same type of item you'll know where to look and what price range to expect. For this article I have found a number of cars (and a pickup truck) among the tens of thousands that are available. These are just a randomly selected micro sample of some of the fantastic deals that are available:

* Plymouth 2004 Neon Sport 31.1K miles $3,250

* Pontiac 2005 Bonneville 12K miles $3,330

* 2005 Ford 150 Pickup with 12K miles for - $5,710

* Ford 2004 Expedition XLT 4D 25.2K miles $3,180

* Toyota 2005 Corolla LE 12.2K miles $6,350

So as you see the people that are attend the auctions are getting deals much better expected. There is usually a large variety of makes and models available to choose from. So how can they be sold so cheaply and where do they come from? Cars can be repossessed for a variety of reasons including unpaid debt and/or taxes, criminal involvement, etc. Chances are your car dealership is buying at least a portion of their vehicle inventory at a government auctions, and making a good margin on that purchase so here is your chance to cut out the middle-man and pocket your savings.

Going to a live on-site government auction rather then an online auction is a good idea because you will be given the opportunity to look over the vehicle before you bid on it. As I've mentioned in the past if you're not mechanically inclined then bring someone to the auction who is. Also be careful to verify the quality and the history of the vehicle before you purchase. Given the fact that a small percentage of people are even aware that these auctions even exist, you'll be able to find a vehicle of your choosing, perhaps even of higher social status then you intended for a much lower price then you expected.

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