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Question by oceaneyes519: What’s the deal with online repo auctions?
I found a website that for $ 20 you get a listing of repo and government car auctions in your area…it claims to be completly legit but is it for real? Has anyone dealt with a site like this before? Are there requirements of the buyer?

Best answer:

Answer by chelle B
scam…

Add your own answer in the comments!

If you enter used car market for buying car then it indicates that you are towards good fortune, on the other hand it is bad luck for the car owner. The worsened financial position of the car owner pressurizes him to sell his car. Many financial institutes resell their clients’ car so as to dig up their unpaid due amount. When the car is sold at higher price than loan amount then the balance amount is repaid to the car owner by the financial institute. Suppose the sold amount is less than loan amount then the car owner should pay the remaining money to the financial institute or Loan Company. Before buying the used car check the blue book value of the car to determine the car’s value.

In order to buy good car at low price, the government also undertakes repo car auctions. Indeed, government establishes auction and resell car at incredibly low cost. This is definitely cost-effective when compared with other auctions. Most of the private auction makes huge profit out of this resale. When you are in a disposition to buy used car then go in search of government auction at your close proximity to fetch a big yield.

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Unfortunately, you do not hear any announcement from the government regarding repo car auctions. As it yields huge profit to the buyer most of the auctions are not published. Even though the person who purchased the car is your friend he will not let you know about the government auction. The government repo car auctions are always discreet.

In order to get to make out the government repo car auctions, regularly go through daily local newspapers and national newspaper to hit upon government auction. If you search it habitually then one day or other definitely you will get hold of the news (not ads) about government repo car auction. Some newspapers publish the information through online, as well. Unlike discreet auctions, the set back in this method is most of the population will come to know about the government repo car auction and eventually, there will be a huge competition. So the probability of getting repo car is reduced.

However, the major fact to be noted is the government does not always advertise about the auction because they obtain only eighty to ninety percentages of the car’s market price and so they could not spend for advertisements. Consequently the government does the auction with few car dealers. You can have contact with popular car agencies and other dealers who often purchase used cars. Frequently make enquiries to the agencies and keep updating. The search will provide you the details of government car auction. Further, add contacts with banks and financial institutes because they are the sellers of seized vehicles and they surely provide you the necessary information.

If you want to know car auction information within short period and easily then you can grab from online directory. The affluent online directories render detailed information, both on nearer and distance options.

One of the undisputed, top government and police auction websites on the Internet is “Car-Auction”. We are rigorous in our reviews of government auction websites because they can be potentially dangerous to the consumer. At the same time, however, a legitimate one can offer unbelievable savings so it is worth pursuing. One very reputable one is Car-Auction and the subsequent facts in this article will demonstrate why you should seriously consider it for your government and police auction needs.

Each and every month, thousands of vehicles become government property because of seized and foreclosure laws. Instead of paying for storage, the government would rather sell these vehicles as fast as possible, which means big savings for the consumer. Car-Auction grants you access to secret Repo auctions, has bids started at one hundred dollars or less, and allows you to purchase right from the source. The vehicles are seized by the Police, IRS, and other authorities and are available for up to 90% off retail value. All of the cars are clean and low mileage. The quality of listings and the product are right on par with Gov-Auctions.

The website has recently started offering car auction listings for both online and live on-location auto auctions. Finding your favorite car is as easy as entering your zip code or car make/model. You will immediately be shown a list of cars available in your area. The site also offers instant access to cars that don’t sell during the p0lice auctions and often go later for around 0. You can buy cars, trucks, vans, RV/campers, boats, motorcycles, dirt bikes, ATV’s, buses, and even aircrafts. Tens of thousands of vehicle listings of all types are available and easy to find throughout North America. Unlike some illegitimate auctions sites, Car-Auction has pictures of the vehicle and all of the contact and auction information.

In conclusion, Car-Auction is one of the top rated government and police auction websites on the Internet for a reason. They measure high in all significant categories, from legitimacy to vehicle quality. Access to listings and ease of search may be the best of all features. You cannot go wrong if you choose Car-Auction for your p0lice and government auctions service

 

Does anyone know of any Government/ Police/Repo Car Auctions auction websites in australia or any links i can click on to check 1 out.

I have just joined a website and got the best deal of my life on a car. If you use this please come back and leave me a reply to tell me how you got on. I have been on the internet for along time and used many action websites, but never got a deal like this before.

Just 4 months ago I bought and Alfa Romeo from eBay, after buying the car with no huge discount I had to buy break disks, pads, tyres and front suspension arm, only to have to rite off the car 2 weeks ago for more serious issues. I would not have minded if I had got a good deal, but I never.

So why am I telling you this, well 2 weeks ago when I got rid of my car and I decided I was not buying a car from an auction site again. However when I came across a seized vehicle auction website I could not resist checking out there offers and as a result managed to pick up near new BMW 3 serious for only 00, that’s right 00,(BARGAIN) all it needed was 2 new tyres, and oh yes this car handles like a dream.

I decided before picking the car up if I really had bought a BMW 3 serious in good condition for 00 then I would pass the information on so others could benefit the way I have. So here is the information getting passed on as I promised (my self).

Here is what they offer Seized Cars, Trucks, Vans, RV/Campers, Boats, Motorcycles, Dirt Bikes, ATV’s, Buses, Aircrafts. They come from the following sources; Repo auctions, Government auctions, Police auctions, DEA auctions, IRS auctions, Customs auctions, Bidding starting at 0 or less, Purchase directly from the source. It get’s better they offer Listings from EVERY Country & State, Choose from all makes & models , Up to 90% off retail value, and much more….

Remember please leave a reply if you use this website as a way of you passing this information on as I have done.

To check this out for yourself email me ludachrisrichardson@yahoo.co.uk and i will send you a link

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