| Nowadays, if somebody drives a posh car, it doesn't | | | | in an accident. |
| necessarily mean that the person is rich - the luxury | | | | 4. Possibility to find a rare model. If you are on a |
| vehicle might have been bought at one of the | | | | lookout for a particular model, especially rare or |
| numerous seized car auctions held regularly. | | | | imported one, chances are you will find it at a seized |
| As the name suggests, seized car auctions offer | | | | auto auction. Check online seized car auctions as well |
| vehicles that were seized by the government or the | | | | - they have an impressive number of listings, so it is |
| police due to some illegal activity. Apart from | | | | really not so hard to find what you want. |
| criminals, automobiles at repossessed auto auctions | | | | Disadvantages of Seized Car Auctions |
| come from people failed to pay the mortgage, | | | | 1. Sold "as is". After acquiring a car, it is impossible to |
| defaulted on tax payments, etc. The goal of the | | | | exchange or return it for a refund. Therefore, take |
| government is not to cash on these vehicles, but | | | | time to assess the car's condition and check its |
| rather get rid of them quickly and avoid storage and | | | | history. |
| maintenance expenses. | | | | 2. Hard for beginners. If you are a first-timer, a |
| Seized car auctions as well as other types of auto | | | | repossessed auto auction may seem to be a tough |
| auctions have their own advantages and | | | | place to you. Needless to say, it is difficult to keep |
| disadvantages. Being aware of them will help you | | | | up with experienced car dealers. A friend who is not |
| decide whether or not this is the way you want to | | | | new to seized car auctions would be of great help. |
| purchase your vehicle. | | | | Or, turn to online auto auctions - they are easier to |
| Advantages of Seized Car Auctions | | | | control the bidding process. |
| 1. Unbelievably low starting bid. You can expect 80 | | | | 3. Time consuming. Searching for the seized car |
| and even 90% discount - a great bargain if you | | | | auctions in your area, registration, preliminary |
| compare it with the retailer price. | | | | checking, attending the auction (especially if it is quite |
| 2. Good condition. Most vehicles at seized car | | | | far from your place), and getting all the necessary |
| auctions have been in use not more than 5 years. | | | | paperwork done later may take up to a few weeks. |
| Quite often, there are cars in a "close to new" | | | | Again, participation is an online auction is easier, |
| condition. | | | | though involves more risks and concerns. |
| 3. History reports available. Ideally, every such auto | | | | With these knowledge in hand, you are in a better |
| auction will provide free Car Fax VIN reports. | | | | position to buy a car that is auctioned. For more |
| Additionally, you can use an Auto Check Vehicle | | | | details on where and how to pick up your dream car |
| History to make sure that the car was not damaged | | | | from seized car auctions, read up my blog. |