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Client: Frank T. (Buffalo, NY)
Vehicle: 2003 VW Passat
Book Value: $17,789
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Client: Chris W. (El Cajon, CA)
Vehicle: 2002 Ford Expedition EB
Book Value: $18,944
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Client: Cliff S. (Ft. Worth, TX)
Vehicle: 2002 Hyundai Elantra
Book Value: $9,975
Purchase Price: $475
Savings: $9,500

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I wanted to go to a police auction held by the local police department and I had a few questions. I need a car and I can’t afford a new or used one. Are you allowed to start the engine of the car, should I bring someone who knows car engines. How exactly does all of the whole process work such that I don’t get screwed over.

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3 Comments »

  1. Not getting screwed takes you knowing about cars and not getting excited while the auction goes on and over bidding.
    Lots of pros go to these auctions.
    All publish the times for "inspection". You can start the cars then but cannot drive them around.

    Most departments contract with local professional auction companies to run the auction.
    Find out who your locals are and contact them, they will explain what they do and what you have to do.
    For some you have to register prior to auction, some not. Some you must pay by cashiers check or cash immediately, some 10% cash immediately and the rest within a day or so. Some charge storage fees for the day or so.

    For years I bought cheap but reliable beaters from a local mechanic. I parked in the projects for work and they tended to mess up our cars. I found that buying from a trusted mechanic, not unknown from an auction, was the best.

    Comment by Leslie S — September 5, 2010 @ 9:08 am

  2. usually an hour before the auction they let you "kick the tires"

    Comment by richard r — September 5, 2010 @ 9:08 am

  3. Yea.

    Comment by Jimmy Whispers X — September 5, 2010 @ 9:08 am

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