Government Car Auctions: The Truth

There are both, open as well as hidden facts about government car auctions. The hidden part is so the information can be sold. Normally these auctions are ‘live’ and take place all over the country in various locations. These types of auctions used to be available only to car dealers, but now if you have access to the dates and times, you can attend these auctions yourself. But it’s not as simple as just hopping in the car and getting there. There are a few guidelines that will help you to have a more successful experience.

Finding the closest one to you is the first thing to do. And you need to understand that every auction house comes with its own set of rules and guidelines for bidding. So don’t jump in without picking up a working knowledge of how they do their business. Once you are comfortable with how much you understand about their process, that’s when you can be comfortable with bidding on the cars you like.

There are many bad people out there in the world. And they must pay for their crimes. That is how merchandise for government auctions is acquired. From people who decide to sell drugs to those who run from tax obligations. And let’s not forget about those who over step their financial abilities and the bank wants what’s theirs.

Again knowledge is power. Researching an auction house will give you that power and let you use it for good. Knowing where items were is a big part of that. A majority of free government auctions are legitimate but you get some that are shady. They will try to sell cars that are new on the outside but broken on the inside. So knowing car histories will allow you to avoid the bad apples.

Knowing is half the battle. In this case knowing what you want is half the battle. When deciding to go to auctions to obtain your next vehicle take someone who will help you know your car. Not all auctions are straight and narrow. They will try to get one over on you. You will want to avoid these. Most reputable government auctions will allow you to test the merchandise. Attend those you won’t regret it.

Like dealerships auction house try to get one over. Although you get your car for substantially lower than market value, the auction facility tries to get paid as much as possible. This is achieved by the addition of a surcharge. This fee is sometime very large and catches you while you’re sleeping. To avoid this find out what the house charges and figure accordingly.