| You can find many claims over the internet of | | | | auctions, and most are general. Meaning, the auction |
| government repossessed cars being sold at 90% off | | | | is not only about cars, but everything else that the |
| its original price. You maybe wondering if all these | | | | government has in surplus, as well as all seized and |
| claims are true or not, and whether there is a catch | | | | unclaimed properties. |
| that these advertisements are not disclosing to | | | | Most government auctions have a 2 day viewing, |
| unsuspecting consumers like you. | | | | allowing you to inspect the car of your choice in |
| Well the truth is, government repossessed cars are | | | | detail. The catch is that you don't get to test drive |
| truly being sold at a greatly reduced price. However, | | | | any unit, but you can start the engine and base your |
| you must understand that all these cars are second | | | | judgment on the sound of the engine running. Most |
| hand or used cars and their value has depreciated | | | | vehicles will start at low price, but some bidders may |
| since the day it left the showroom, thus the low | | | | tend to drive the price too high because of |
| pricing. | | | | aggressive competition. If this happens to anyone of |
| Another reason why the prices are low at these | | | | your interest, it's best to drop it. |
| government seized auto auctions is that it cost | | | | You must always keep in mind that these units are |
| money to maintain and store these cars. And there | | | | second hand, and the price should be reasonably |
| are always many cars seized and repossessed by the | | | | cheaper. After winning, you can have the option of |
| government. To make room for more, cars have to | | | | paying in cash or installment, although cash buyers |
| be attractively priced and thus often sold at 90% off | | | | receive additional discount. If you are on a budget, |
| the current market value. | | | | then buying second hand cars at government seized |
| Many government agencies regularly conduct | | | | auctions is certainly a good choice. |