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Ive heard pros and cons of police auctions can anyone give me some reliable advice?
1st November 2009
Ok im thinking about getting a new car. I’ve been told Police auctions you can get some pretty good vehicles at a pretty cheap price. I dont care about the history of the car or what it was used for. But ive heard only car dealers go there and your lucky if you get the crappiest car they have cause the car dealers always outbid independant people who are there for a vehicle is this true?
Posted in: Auction FAQ | | Comments (4)
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dealers dont regularly use these auctions. the worst idea about these auctions are that you cant drive the vehicle before you buy it. if you want to spend $500-$1000 on a vehicle its ok but you dont know what you are buying.
Comment by mitsu_tunerai — November 1, 2009 @ 9:11 am
Most of these were not used in a crime but impounded. People did not think what they owed was worth paying to get them out. Some may be good buys but most are junk.
Comment by 12pleze — November 1, 2009 @ 9:11 am
Police impound auctions can have junkers, or luxury vehicles confiscated from drug dealers. So never know until you go see what’s available. And these auctions are not just for dealers. The public can go and bid and, yes, sometimes but not always, dealers will be there bidding against you. But remember, dealers won’t pay more than wholesale price, so if you see a nice car and want to bid a slightly higher price, you might get the car. Here’s more details:
http://www.leaseguide.com/Articles/policeimpound.htm
.
Comment by overeasy — November 1, 2009 @ 9:11 am
You can get pretty good cars from a police auction. There aren’t too many dealer’s that go to them though because they usually go to dealer’s/wholesale auctions. The good thing about going to a police auction is that you can get a good, reliable car for way less than what you would pay anywhere else. But they are sold in as-is condition so be sure to give it a good inspection before you buy or bring a mechanic with you to check it out. Other than that you’re good to go.
Comment by CarmelKM — November 1, 2009 @ 9:11 am