| Seized car auctions may be something new to car | | | | Agriculture (USDA), Department of Energy (DOE) and |
| buyers especially for first-timers. Very often, we | | | | many others could be the ones who took these cars |
| hear of people going to the car showrooms to view | | | | in. |
| the latest car models or even know someone who is | | | | Since the anti-mob laws in the States are forcefully |
| going to the used car dealer to buy a second-hand | | | | enforced, the constant raids on drug dealers and |
| car. Other than heading to the car showrooms and | | | | other mob activities have seen many posh luxury |
| second hand garages, you may not know that seized | | | | cars seized by the government. They are not |
| car auctions are real gems when it comes to buying | | | | interested to make any profit out of it but rather to |
| a used car or near-new condition car at a huge | | | | quickly sell them away lest the costs of maintaining |
| discount. Here are some facts about such auctions | | | | them becomes a liability to the government coffers. |
| for all potential car buyers especially those who are | | | | This is where you get top class, and sometimes near |
| looking for used vehicles. | | | | new condition cars on sale at ridiculously low prices in |
| Did you know that there are literally thousands of | | | | seized car auctions. |
| cars that go into the surplus inventory of the | | | | At seized vehicle auctions, there are also |
| government and banks? | | | | repossessed cars taken by IRS from people who |
| Since many vehicles are seized or repossessed by | | | | default on tax payments, and also others who fail to |
| government and banks everyday, the monstrous | | | | pay up their installments to banks and financial |
| expenses to find a storage space for these cars are | | | | institutions on time. You can find a lot of models like |
| huge and maintenance costs can escalate quickly. So | | | | Mitsubishi, Toyota, Ford, GM, Nissan, Honda, Chrysler, |
| in a bid to bring the costs down, government | | | | Lexus and other brands. |
| agencies and banks are ready to auction them off at | | | | In fact, it is quite likely that there are many cars |
| seized auto auctions for as much as 90% off the | | | | going for anything from $200 onwards. The |
| retail price you see at car showrooms. The next time | | | | eagerness of the government and banks to quickly |
| you see your neighbour driving a Mercedes | | | | sell off the seized or repossessed vehicles is an |
| convertible, it may not mean that he or she is rich. | | | | advantage and opportunity for all interested car |
| The car may have come from such an auction. | | | | buyers to drive home a quality vehicle for a deep |
| Government agencies such as Internal Revenue | | | | discount. |
| Service (IRS), U.S. Marshals Service (USMS), U.S. | | | | Anyone keen on driving home your dream car for a |
| Customs Service, Small Business Administration, U.S. | | | | price as low as 80 to 90% off the retail price can |
| Department Of Defense, U.S. Bankruptcy Court, U.S. | | | | check out where to locate these seized car auctions |
| Department Of The Treasury, Department of | | | | at my blog. |