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Thinking of buying a car at cheap prices?  Do not worry.  You can have a car of your dreams at a price you can afford.

I am not kidding.  All you have to do is to find out details about Government seized car auctions and take time to attend one of those auctions.

What is a government seized car auction?  Well.  The Government and many of its agencies including the IRS, Police Department, FBI or such other agencies seize the vehicles from the legitimate owners for any of the mistakes such as non-payment of dues or taxes, or such other illegal offenses that warrant seizure of vehicles.  Across the country, thousands of such vehicles get seized by the Government authorities on a daily basis.  What will the Government do with those seized vehicles?  Neither is has enough space to store such vehicles nor it finds any meaningful purpose in retaining it for a longer period.

It is in this context the government seized cars auction assumes significance.  At periodic intervals, the Government auctions these seized cars.  The idea behind these auctions is to just dispose off the inventory of seized vehicles and price is not the primary criteria. 

The Government auctions, in most cases, are free for public and anybody can attend the auction.  Most of the auctions are not publicly advertised, and knowing about the auctions in your locality is the first thing you should do to take part in the auction.

What are the benefits of attending such a government seized car auction?

The first and foremost benefit of attending such an auction is that you can get the car of your dream for a relatively cheaper price, sometimes even at a discount of 90%.  However, there is a caveat.  The price of the car Is determined in the bidding process and, in some cases, you might end up paying a little more than the actual worth of the vehicle.

The second benefit of attending a government seized car auction is that most of the vehicles will be in relatively good running condition.  Because the seized cars put out for auction do not have any flaws or manufacturing defects, and were ceased for non-payment of dues or other offenses.

Many used-car dealers or retailers can also be approached for purchase of a car.  However, attending the government seized car auction to look for an ideal car of your choice would be advantageous.  While the retailer will display you a range of models, as is the case in Government seized car auctions, the price determined by the retailer will be relatively higher than the price you bid in the auction.

One should be careful while attending a government seized car auction.  In such auctions, you will be allowed to inspect the car from outside to assess the true worth.  However, you will not be allowed to have a test drive of the seized car.  After emerging successful bidder in the auction and taking delivery of the car of your choice in the auction, you should be prepared to spend a little more to ensure that the car is in good condition, because you did not have the opportunity to test-drive the vehicle, which many retailers offer you.

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Government seized car auctions can work for you if you understand how they function and learn how to make use of them to buy cheap vehicles. Few people actually even know that they exist which gives you an edge over most folks. While it is really a disadvantage to the government to sell the cars at dirt cheap prices, it is great gain to you as a potential buyer.

How do Government Seized Car Auctions come about?

The government agencies are confiscating or repossessing many vehicles everyday. A good estimate puts that figure at thousands a day. These automobiles originally belong to owners who are either in debt to the government due to tax arrears, defaults or criminals at large. Under the seizure laws, there are legal provisions to seize these properties. The sheer number of vehicles being seized each day is overwhelming and the agencies desperately need to get rid of them quickly.

It is this situation that creates the opportunity to purchase vehicles at rock bottom prices. Do not be surprised to find cars, even luxury cars at up to 90% off the prices you see at the local car dealership. You can even drive home a decent branded vehicle for 0 occasionally.

Other important things to note about government seized car auctions

To participate in such auctions, you need to be at least 18 years old. Bring along your ID when you are there as verification is needed. Alternatively, get someone who meets the age requirement to represent you.

There are some auctions which are not privy to the general public. This requires the application of a license in order to be able to bid. Normally, these are for the dealers. Nonetheless, there are plenty of public auctions which you can participate in whether you are buying a car for your personal usage or for profits.

The conventional method to locate these government seized car auctions would be to check with your local government auctioneers or city council for information about the vehicles available and auction venue. Such details could be found in the newspapers and auto magazines as well. Unfortunately, a lot of this information is not always updated and real-time.

Ideally, you need to know about the venue and car listings before you even enter an auction. This gives you ample time to find out all you want to know about the vehicle details such as its car value, make, model and performance. This piece of information can be found on seized auto search directories like the one listed in my blog.

Typically, there are dozens of government seized car auctions happening at various states at any point of time. So you can actually plan your route over the weekend perhaps to drive from one to another to view the vehicles. It is always wise to list down a top 3 or 4 favorite choice you would like to bid for. At least if you miss one, you can always bid for the next.

Likewise, to do so, you need to be fully aware of where the auctions are happening as well as when and what time. They normally open early so that you can be there prior to the bidding to actually see the displayed vehicles to make your pick. This information is found in online seized car search directories.

Finally, always bring along a qualified car mechanic as he would be able to perform simple diagnostics to assess the condition of the vehicle. If you have a friend who is good at that, ask him or her along. To get started, check out my blog for an up to date listing of the current government seized car auctions.

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