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Government car auctions have been around for awhile and you’ve probably seen it in the news. Is it really true that there are bargains to be had or is it a hidden scam?

It is true in fact that government and other offices hold these auctions every now and then, they are usually open to the public with a close bidding. What this means is that your bid must be a written bid to the right people.There is a grace period in which you have to submit your bid before a certain date if you want to participate in your local aucrions. In order not to overbid, it is a good idea to estimate how much you’re willing to pay for the car you want in the auction. Next find a car up for auction that is worth about that much. Then submit a fair bid. Don’t expect to get a car for pennies or you will almost certainly be out bid by someone willing to pay more.

The ads which promise listings for government car auctions can be of great help if you want to be spoiled for options. This is because the listings can total a lot more when compared to a local listing in the newspaper. Car auctions listings are usually publicly available, so why would you want to pay for a car auction listing? For one you would have a lot more auctions to choose from and the selection of cars are more numerous, and if you do so choose, you can bid online from the comfort of your home, you could be winning the bid for your next dream car without ever leaving the front door.

One advantage of goind to a local auction is you have the chance to examine the car beforehand, this is sensible so that you’ll know what kind of repairs if any is needed so you’ll know what kind of deal you’ll be getting. There are usually no refunds and payment is expected once you’ve won a bid. You can find and assortment of vehicles ranging from old used police cars to used cars that are seized from various sources.

It is advisable to use common principles when you bid an auction, similiar as you would at any used car dealer. Check out the vehicle before placing a bid and don’t bid more than you are willing to pay! If possible take a mechanic with you and ask if you can at least hear the car run. It is in your best interest to seek out as much information about the car you’re bidding on so you are clear on what you are getting, bad surprises are rare but not impossible.

Yes, government auctions may be a great deal but you should be careful when buying. Be careful when you pick a car when at the auction, if you do this right then a great car could be yours at an unbelievable price.

i bought a car at an auto auction (IAAI) online by adding an extra zero for a price much high then i wanted to bid on, so there anything in law that gives me a grace period ?

I purchased the car on Friday(8.10.07). The used car dealer said it was not involved in an accident. I found out that the headlights did not work. I took the car (still under warranty) to a dealer service center and they informed the car had been in an accident and after market parts were put on the car.

Looking at buying a used car at a buy here pay here dealership, and wanted to get some input on how it works? Do they run credit? Can I pay monthly or does it have to be weekly? What kind of grace period for payments? What kind of down payment should I be prepared for?

I financed a used vehicle from a car lot and paid in cash a total of 00.00 for a down payment to the dealer. The total price of vehicle was 00.00. The remaining balance of 00.00 was financed through a loan company/bank. My first payment due gave me a 10 day grace period from date due, and a late charge owed if paid after that. Three days after grace period the dealership towed my vehicle. The finance company knows nothing and says dealer has vehicle, but dealership says finance co. has vehicle. Two days no answers from either party. What do I do? Is this legal? Please help legally. Thank you. How do I get personal belongings back imediately that I have in car?