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By: michel | Posted: Oct 09, 2010
There are a number of things that concerns government car auctions and knowing these things are of primary importance in order to attend the auction and get the best deal.
Try to understand the fact that every car auctions whether it is government car auctions or seized car auctions have their on set of rules and regulations for bidding. Understanding the process is of utmost importance as this would be helpful in making you comfortable with the bidding process. This will make you an expert in bidding on the cars of your choice.
The cars that are displayed in the government action are mainly those that have been recovered from those who have defaulted on a loan or any other illegal activities. Drug dealing busts on a large scale is one of major source of seized cars that are put on auction. Also, there are instances where cars and vehicles are abandoned due to natural disaster.
These cars that are abandoned are also put on sale on the auctions. So getting to know the source of the cars that are put on sale is worth it.
Demerits of Government Seized Car Auctions
- Once sold the cars cannot be exchanged or refund. So it is important to take enough time in assessing the car you want to buy.
- If you are new then you will find it a bit troublesome. So it is best to go for online auctions. Through online services it is much easier to bid and control the process.
- It takes time to wind up all the necessary tasks. It may take a week or so to get all the paperwork completed. So the easiest way is to bid in an online government auction. It is quite risky though.
Knowing is half the battle, so before deciding to go to a government auction to obtain your next vehicle take someone who will help you know your car. Not all auctions are straight and narrow. They will try to get one over on you. You will want to avoid these. seized vehicle auctions often allow you to test drive the vehicle so take the advantage to get a feel of it.
About the Author
Michel D Steve has been instrumental with his writings on car auctions and seized vehicle auctions around the world.
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