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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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Question by Grocer Jack: Governement Car Auctions? What is a good place to find Governement Car Auctions?
I have a couple family members who have suggested buying Salvage title cars after them doing so already. I don’t really want to take the risk of buying salvage so I was wondering about Government Car Auctions and where would be a good place to start out. Thanks!

Best answer:

Answer by BigCreek
I buy at auction most every week,the trick is to get the latest modle vehical you can with the lowest mls you can.And always buy from an insurance rated car auction.Like state farm or farmers,my have to do some body work or repair .but rest asured the vehical was running when it was put in auction,Unless otherwise stated at auction.

What do you think? Answer below!

Insurance salvage auto auctions are like a unknown and uncharted territory to most. While you can get some excellent deals there, you need to know how to properly use them to you advantage or you could end up getting burned. Use these FAQs as a guideline before even thinking about going to one.

1. What is a salvage auto auction? An insurance auction is basically a regular car auction that only sells vehicles that insurance companies have labeled as salvaged.

2. What are salvaged cars? Salvaged cars are those that have been in an accident, flood or fire and are considered totaled by the previous owner’s auto insurance. A salvage car could get that title for something as little as having the airbag deploy in a minor fender bender. Or be completely burned to a crisp.

3. Is there any risk involved? You’re taking more of a risk when buying from these type of car auctions because the cars are sold in as-is condition and will need repairs and/or body work done. Sometimes the repairs could be as little as replacing a bumper to something so serious the car can only be used for parts. The car could’ve also been in a flood which will cause the electrical system to go out sooner or later. So, know what you’re getting into!

4. Who can go to one? Because of the risk involved, insurance salvage auto auctions are only open to car dealers that have a valid license. But, you can become friends with a local dealer that might take you along with them to their next auction. 9 times out of 10 they’ll charge you a fee though.

5. Where can I find an insurance auto auction near me? You can ask your local dealer or find a car auction site online that will give you some locations near you.

So, now you know the real deal about insurance salvage auto auctions. They sell cars that have been totaled, so you’re going to have to make some kind of repair to it no matter what. You can find one near you by looking online or going with a used car dealer you know. But, you’re really better off going to a regular public auto auction that has cars that are generally in good condition. That way you don’t have to come out of your pockets to pay for repairs.

Not feeling too sure about going to a insurance salvage auto auction? I don’t blame you. Thankfully there are plenty of public, government and police car auctions you can go to that will still save you 00′s off your next car.

Find out local car auctions in your area by visiting MyCarAuctionReview.com for the best car auction sites around!

Article from articlesbase.com

Getting a car is a great convenience. However, if you want to get your own car without having to pay a lot, you can always opt to check out an Insurance Auto Auction. An insurance auto auction lets you save up on car costs since the cars up for auction came from car rental companies, insurance companies, banks, and other commercial sellers who are looking to dispose of certain cars in their fleets as soon as possible.

Insurance auto auctions are in place because they sell vehicles that have been repossessed by insurance companies and other institutions for various reasons, but primarily because the previous owners were not able to settle all payments for the vehicle. On the other hand, auctioned vehicles might have also come from car rental companies who are looking to upgrade their fleets so older vehicle models are auctioned off for speedier disposal.

Since vehicles at the auction have to be disposed of as quickly as possible, prices are really driven down, giving buyers all over the country cheap prices to take advantage of. But just how low can prices at insurance auto auctions go? They are so low that you can consider them to be one of the cheapest prices in the market, sometimes even cheaper than what used car dealers can give you at any given time.

For those selling these autos, insurance auto auctions are very convenient to be a part of since there is a drastic reduction in the time they’d have to spend waiting around to look for buyers. Used car dealers have a reputation for selling cars that have qualities proportional to their price so a lot of buyers hesitate when buying used cars because they don’t want to get lemons.

While generally following the same concept, insurance auto auctions have more pull, though, because while there is a risk that you won’t be getting top-quality cars, the chance to drive at prices even lower for bigger savings through the auction process can be quite appealing.

If sellers go with auctions, they can then optimize the means by which they get the best returns so they can minimize losses as much as possible. Auctioned cars already come from unsettled loans or are put up as collateral so there is already a bit of a loss in every vehicle. By making sure that these vehicles are sold out, they are still able to get back a percentage of what is due to them. And at the end of it all, a little bit of something is better than nothing. There is where you, the buyer, can take advantage.

There are types of government auto auctions which are beneficial to both sellers and buyers so a lot of people participate. If you’re interested in taking part in an insurance auto auction, then let this article be your guide, arming you with the information you need to participate.

Article from articlesbase.com

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