| Various state, federal, local government and law | | | | allowed to start the cars that are present, you are |
| enforcement agencies regularly organize government | | | | not allowed to perform a test drive. To become an |
| vehicle auctions to clear off the excess, unclaimed, | | | | astute bidder at the government vehicle auctions a |
| repossessed, and seized vehicles. Storing these | | | | bit of practice and self-preparation can help |
| vehicles is costly, and hence these agencies really | | | | immensely. |
| want to sell off the cars as fast as possible. The | | | | 2. Identifying the catch in these auctions - As one is |
| GSA (General Services Administration) is one of the | | | | definitely aware, an element of risk always remains |
| biggest organizers of these government vehicle | | | | while buying used or repossessed cars. But those can |
| auctions. Also auctions are held by IRS, DEA, FBI, | | | | be minimized significantly by having a proper strategy |
| Homeland Security, U.S. Marshals, Border Patrol, | | | | in place. Prior homework is essential and this would |
| Department of the Treasury, etc. | | | | involve getting enough information about the cars |
| The vehicles which are sold at these auctions | | | | that you want to purchase. Doing research regarding |
| normally are cars, vans, trucks, and SUVs. In majority | | | | the various prices available, thoroughly understanding |
| of the cases, private companies are assigned the | | | | the auction process, are all essential prior to actual |
| task of handling these government & bank auctions. | | | | bidding. The main catch that is present in the |
| There are three very important things/facets that | | | | government vehicle auctions is the competitive |
| you should know about purchasing a car at a | | | | bidding on relatively new and popular cars. These cars |
| government vehicle/auto auction. | | | | obviously have many bidders who are just as |
| | | | interested to purchase the cars as you are. Heavy |
| 1. The mode of functioning of these government car | | | | and competitive bidding will drive the prices up, |
| auctions - The auctions of the surplus and seized | | | | resulting in the final price exceeding the actual value |
| vehicles are organized in various locations across the | | | | of the article! It is important not to get carried away, |
| country and on different schedules. However, many | | | | and instead go for cars that are older and in less than |
| people are not even aware of the auctions taking | | | | perfect condition. Dealers are not willing to pay much |
| place. It is therefore imperative that a person keeps | | | | for these cars as their main objective is to buy low |
| a close watch on the national as well as local | | | | and sell high. |
| newspapers where auction listings and details are | | | | 3. Knowing where to locate these government |
| regularly published. Characteristically, a specific location | | | | vehicle auctions - There are primarily two methods of |
| is chosen for the auctions to be held regularly. The | | | | finding these auctions that are held near or a bit far |
| minimum eligibility criteria of participating in these | | | | from your house. The first option is to do all the hard |
| auctions are- an age over 18 years, and the | | | | work yourself by contacting the various federal, |
| possession of a driver's license (valid). Usually a | | | | state, local and country local government agencies. |
| preview period of 2 days is available before the day | | | | The second and the easier option is taking the help |
| of auction. In this time a person can take a close look | | | | of online auction directory services in lieu of some |
| at the various vehicles. Although you would be | | | | fees. |