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Article #381: Seized Vehicle Auctions

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Various federal, state, and local tend to be regular domestic-made cars,
government and law enforcement agencies, generally with high mileage but
(as well as banks and lending well-maintained. For these vehicles
institutions) regularly auction off (unlike seized automobiles), complete
thousands of cars and SUV's. These cars vehicle histories are often available.
are often sold for a fraction of their The vehicles sold by banks and lending
retail value, sometimes as much as 90% institutions tend to be vehicles seized
off book value, and hence can allow you when debtors have defaulted on their
to purchase a vehicle a great saving, or loans. These vehicles can be of any make,
even get a luxury car that you might and can vary widely in quality, so be
otherwise be unable to afford. sure to check them out thoroughly before
Perhaps the best known source of vehicles the auction begins.
for government auctions, are vehicles (as By now, I've probably convinced you that
well as other property) seized from their are bargains to be had at seized
criminals. As not too many drug-dealers vehicle auctions, but the next question
drive around in Compacts, the automobiles is obvious: How do you find seized
often include high-end makes such as vehicle auctions in your area?
Acura, Audi, BMW, Cadillac, Honda, Fortunately there are number of websites
Mercedes and Porsche, as well as the which specialize in providing timely
occasional Ferrari or Lamborghini. information on this topic, and by joining
Additionally, government organizations any of them you'll be able to find
often auction retired fleet vehicles, information government and police
these include retired police cars and auctions that are local to you.
government service vehicles. These cars






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