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Question by Jon W: Can i really save thousands at a government car auction?
im looking to buy a new car and i found this website that tells you where the auctions are and everything. Can i really save thousands buying a car from this auction? If you have bought a vehicle from one of these before list it, the retail price, and the price you got it for.

Best answer:

Answer by Vipassana
Can you? Yes.

Will you? Most likely not.

Keep in mind, it’s an auction. So let’s say you see a nice BMW you want, and it’s only $ 500.

It won’t sell at $ 500. People will see it, think they can get it for cheap, and the bidding begins.

By the time you’re done, it’s close to how much you would have paid through a private seller anyway.

Add your own answer in the comments!

Government car auctions are a great way to save thousands off your next car. But, do you know how to maximize your savings even further when you get there? Go over these 3 tips that will give you the upper hand when while attending your next federal auction.

1. Get there early: Getting to the auction on time is essential when it comes to saving money. Not only will it give you enough time to fully inspect all of the cars that catch your eye, it will also give you the opportunity to spy on the competition. Meaning, that you’ll be able to see what cars are popular and discover just how attached other bidders are to them. So, if you see a car with a lot of interested buyers that keep coming back, just know that a bidding war is soon to occur. And that’s not the car you want to end up overpaying for. On the other hand, if you see a car that hardly anybody is interested in, know that you’re bound to save hundreds and even thousands off it’s Kelly’s Blue Book value.

2. CAR FAX is your friend: Although most car auction cars are in good condition, some have been in accidents, have had major repairs or even been in floods! So, bust out your smart phone and do a quick CAR FAX report on any car that you plan on buying… it can save you thousands in unwanted future repairs.

3. Stick to your budget: Having and sticking to a budget is one of the most important things you can do while attending a car auction. It’s all too easy to fall in love with a car, get sidetracked, end up in a bidding war and end up paying way more than you can actually afford.

So, stick to a budget, do a CAR FAX report and get there early and you’ll be sure to save at the next federal car auction you attend.

Now you know how to save thousands at your next auction. But, do you know how to find one near you? Check out www.govauctionsorg.com for a review of the #1 government car auction listing site on the net. It will not only save you time, but will also hook you up with some of the most exclusive government auctions in the nation. Click here to check it out.

Saving money at at police seized car auction isn’t all that hard. You just go to one in your area and bid on the car you want to buy… you save money by just going to one period. But did you know that there are a couple of things you can do to maximize your savings? Check out the list below to keep more cash in your pocket.

1. Get there early. By arriving at the auction early, you will have the upper hand when it comes bidding time. You’ll have had plenty of time to inspect each and every car that catches your eye, in addition to knowing which cars everybody else is interested in buying. Remember that the cars that get the most attention will usually cost the most. So, you can save a huge amount of money by bidding on the car that nobody else seemed to notice. It could be something as small as the color that kept most people away, which can always be taken care of.

2. Bring a Kelly’s Blue Book. Would you go to a car dealership without knowing how much a car is actually worth? The same goes for police seized car auctions. You always want to know the value of the car before you bid so you don’t let your emotions get the best of you. Bidding wars are common and often result in paying more than the car is really worth.

3. Be choosy. Just like bidding on cars that are not that popular, you also want to go to auctions that everybody doesn’t know about. Not only will you get lower prices, they also tend to have better cars. You can find exclusive car auctions near you by joining a car auction listing service. They charge you a membership fee to keep the site up and the listings exclusive, but it’s well worth the money.

So, when attending your next police seized car auction just remember to arrive early to an auction that isn’t publicly advertised with your Kelly Blue Book in hand and you’ll be well on your way to saving a couple extra bucks. It also doesn’t hurt to bring a friend along to drive you there and keep you company. Good luck!

Want to find exclusive police auctions near you? Then visit <A target=”_new” rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link']);” href=”http://www.mycarauctionreview.com/”>http://MyCarAuctionReview.com</A> for a review of the best car auction sites that will save you 00′s.

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