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Most of my friends try to convince their parents to buy them crazily expensive and nice cars. Though those cars are cool, without much practice, they would pretty much wreck it, which is a shame.

But, since im the only one that feels that way, am i wrong? Is it smart to practice on a used car before getting a nice one?

Owning a car is falls into two general categories; People who love their cars and people who view them simply as a form of transportation from point A to point B. But there is one thing both groups will agree on and that is making sure to get as good a deal as possible on their next new car purchase. And for anyone wanting to save money on their next car purchase then a seized vehicle auction may be just what you are looking for.

So just what is a seized vehicle auction and why can you find such bargains at one?

Most of us are aware of what happens when someone fails to pay their car loan; their car gets repossessed by the bank which in turn auctions it off to recoup some of the money that is written off in the defaulted loan.

There is another side to the seized car auction and those are vehicles that have been seized through local, state, and federal law agencies. When a vehicle is seized because of criminal activity “search and seizure” laws allow these agencies to sale them at auction to the highest bidder. You can find nearly new vehicles (cars, truck, suvs, boats, motorcycles) in excellent shape because many people who are involved in criminal activities drive some rather nice cars.

Now here’s the important part. Just why are these seized vehicles auctioned off at such low prices?

It’s simply a function of supply and not enough storage space. There are literally thousands of cars, truck, suvs, and other items repossessed and seized every month. The cost of storing all these items is simply more then the seizing entities are willing to pay. So instead of paying to store these vehicles they turn them around quickly and sell them at auction, taking whatever the highest bidder is willing to pay.

The best place to find out where a seized property auction is being held near you is on the internet. Web based auction sites can provide you with a comprehensive listing of auctions happening all across the country. They will also allow you to research and review all the vehicles and other properties that are to be auctioned at that location. If you are in the market for a new car then you should give some serious consideration to learning more about how you can save money at a seized vehicle auction near you.

Question by theocroxs2001: is it a good idea to buy repossessed cars from those auctions?
I am 16 years old, times are extremely tough right now and i definitely need a car… im getting my license soon so i have been looking into options.. i cant spend like more than a couple thousand…. and someone told me that you can go to auctions where the gov/banks repossess cars and you can get nice cars that are new and have great mileage for cheap….i looked on some sites and saw like examples of their sales.. example was a mercedes 4 dr sedan sold for 2000.. from the year 2003…so what im asking is.. is it a good idea if youve done it before please tell me and if so do i have a good chance of getting a great car at a cheap price.. are all the cars pieces of shit? thanks…

Best answer:

Answer by eddie b
it is not a good idea. Im 17, i looked into that too when i was 16. The thing with auctions is that u cannot test the vehicle b4 u buy it so u dnt kno wat u get. I bought my first car at a dealer for 2000 dollars even, so just look around on websites like craigslist and check out lots of cars, turn them on and drive them, take your dao or uncle or sum adult with u, good luck

What do you think? Answer below!

ok so i got 2,000 dollars and i want to buy a car. it’ll be my first car im 18 and i need it to get around. my mom went to this car towing place because my stepdad got his truck towed and she found nice cars there. so my family is telling me i should try buying a car there. do you think i should be able to buy a nice car like 2000 or newer for 00? thats all i’m really plannning on wasting at the moment.have any of you bought one there?if so for how much? thanx any help will be greatly appreciated

I have found some ‘good’ auctions in my area called Blok Auto Auction and PM Orange County.

They have nice cars for good prices, how do I know what to expect?

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