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"I was looking for a car through AutoTrader, but decided to join Gov-Auctions.org and I bought my new car and saved over $8700"

Client: Frank T. (Buffalo, NY)
Vehicle: 2003 VW Passat
Book Value: $17,789
Purchase Price: $9,050
Savings: $8,739

"Many thanks to your team at Gov-Auctions.org. Your information was current and very helpful. Keep up the good work you guys"

Client: Chris W. (El Cajon, CA)
Vehicle: 2002 Ford Expedition EB
Book Value: $18,944
Purchase Price: $8,000
Savings: $10,944

"I didn't think it was possible to buy a reliable car for under $500. WOW! I own my car for the same price as other people's monthly payment"

Client: Cliff S. (Ft. Worth, TX)
Vehicle: 2002 Hyundai Elantra
Book Value: $9,975
Purchase Price: $475
Savings: $9,500

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3 Comments »

  1. I don’t recommend buying those cars unless you really know what to look for because some can have mechanical problems as well. Alot of unlicensed dealers buy these up because they can turn them over very easily for huge profit with little invested. This also means selling a car they wouldn’t own personally because it has other problems but they won’t tell the new owner that.

    That gives us real used car dealers bad names.

    Comment by Club3g — March 7, 2010 @ 6:54 am

  2. For new models? No it’s not. The only way you can by semi-new (2000-ish) modeled Lexus’ cheap (ones that actually sell) are at impound auctions for probably $2k-$6k. They can turn a 50% profit depending on the make, model, mileage and current condition.

    Most at impound and police auctions aren’t that pretty but if you have connections with somebody in paint/body work then you can get a cheap paint job for a couple hundred. That will lead you to selling vehicles for more than 50% profit.

    Comment by Club3g — March 7, 2010 @ 6:54 am

  3. well? Is it possible?

    Comment by LudwigIvan — March 7, 2010 @ 6:54 am

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