| Public car auctions can be a great place
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| | Cars at auctions are sold "as is" and the
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| to find your next used car. However, it
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| | auction house is not responsible for any
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| pays to do some research before you go,
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| | damages"as is" and not only is the
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| to avoid some of the more common
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| | auction house not responsible for any
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| rip-offs. Owning a vehicle is a long-term
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| | damages, but they are also likely not
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| investment, and there's also maintenance
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| | aware of them.
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| involved.
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| | It is not their business to do
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| What is not a scam is that the federal
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| | inspections or validate the condition of
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| government really is actively making
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| | the cars they are selling. You might want
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| second hand luxury vehicles available for
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| | to purchase an extended warranty on the
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| sale. Some cars the feds owns but want to
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| | vehicle you win from auction so that you
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| dispose of. These vehicles are usually
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| | are covered for any unexpected problems
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| vehicles that are no longer needed in
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| | or expenses.
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| service for the federal government.
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| | » There are some cases where the
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| However, most of these vehicles offered
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| | automobiles will come with a warranty and
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| by the government are not actually owned
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| | if this is the case, they will let you
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| by the feds, but have been seized because
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| | know before bidding but typically there
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| of criminal activities. Vehicles that are
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| | is not one, especially with repo cars.
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| used in the commission of certain crimes,
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| | » Car auctions are competitive, and it's
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| particularly drug offenses, often become
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| | possible to end up paying more than the
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| the property of the arresting agency,
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| | vehicle is worth. Have your Kelly Blue
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| depending on local laws. While these
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| | Book handy and do not pay over the blue
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| seized vehicles are occasionally used by
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| | book price. Some people will run up the
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| the agency, in the vast majority of
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| | bid price because they have no idea what
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| cases, the vehicles are sold at auction.
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| | the auto is worth.
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| Before you start placing your bids on
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| | » If possible, bring along a specialist
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| that sweet 'Vet that you fell in love
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| | in bidding for a car. Vital information
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| with on first sight while browsing your
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| | is important to know whether a car is of
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| favorite online auto auction site,
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| | decent quality.
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| remember that a picture is only worth so
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| | » Remember: state and government seized
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| many words, which makes it difficult to
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| | cars are those that are done by people
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| get a complete assessment of a vehicle.
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| | who committed crimes, so the seized cars
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| Do your homework and due diligence first.
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| | may be more damaged and more fragile than
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| Some things to keep in mind:
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| | a car that the government may have seized
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| You need to make sure that you have
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| | in a different manner (a repossession,
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| enough money in your bank account before
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| | for instance).
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| you attend a car auction. All cars
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| | » Be careful. Before you ever place a
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| purchased at a car auction must be paid
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| | bid, pull a Carfax or Autocheck by
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| in full. It won't work to say, "I'll give
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| | Experian. In order to reveal any odometer
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| you a portion now and the rest later"I'll
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| | or title problems. Important issues like
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| give you half now and the rest when I get
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| | if the car has been wrecked or flooded is
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| paid." That's not going to work. You must
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| | also revealed.
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| have the total cost of the vehicle.
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