How to Buy Cheap Used Cars From the Same Place As a Lot of Used Car Dealers
Saturday, February 6th, 2010A lot of used car dealers will go to auctions held by the many different branches of the United States Government, and purchase surplus vehicles at amazing prices, sometimes almost new vehicles for just a couple of hundred dollars. Then they take them back to their lot, and sell the cars for blue book value, making hundreds, and even thousands per sale. Not a lot of people know that they do this, and another thing that not a lot of people know is that you can attend these same auctions that are held by the government, and purchase vehicles too. You do not need to be a car dealer, private citizens can buy any of the merchandise at these auctions just like the professional car dealers.
A lot of great cars, trucks, sport utility vehicles, recreational vehicles, vans, and many other types of vehicles are sold in these auctions. They come from the fleets of vehicles that the government maintains for its daily operations, vehicles seized as part of criminal prosecutions, and several other sources. All hit the auction block with a low starting bid, and are sold to the highest bidder on the spot. If there are not a lot of people interested in the car you are bidding on, you can sometimes get it for a price significantly less than what it is worth, and in a few cases, pennies on the dollar.
It is more the exception than the rule, but is does sometimes happen. A lot of the vehicles that go on the auction block are only a couple of years old, and in some cases are only months old. Some still carry the manufacturers warranty. Inspection of the vehicles prior to the auctions are allowed, so if you are looking for a safe and reliable car, auctions held by the United States Government may be just what you need to check out before you rush off to a used car lot.