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What Is A Police Car Auction?
13th July 2010
Even the mane sounds a bit strange : police car auctions. Just by saying police car auctions we get a couple of chills. Some think they are selling cars that belonged to the police, cars that have POLICE written all over. People tend to think these auctions are selling only used police cars, because of the name. When people hear this term, they immediately imagine a big parking place with lots of police cars that are for sale. Others think that in these auctions they sell cars that belonged to bandits, cars with bullet holes, cars that were murder scenes and god knows what other horrible things people suspect. While any of the horrible, yet plausible statement above can be true in about 3% of cases, cars that belong to the remaining 97% have a totally different story behind them.
It’s true that police cars that are still working and look good, but for some reason have been parked around for a while and never used are sometimes auctioned. Only that the cars will not be auctioned as you would expect, with the POLICE sign all over them. They will be re-painted and de-equiped before any sale is made. The auctioned police cars come from extra sticks, or because of stock renewing. Because the cars costs are considered residual, they will sell for nay price. This is why people say that police cars can be bought 90% off real price. Buyers that go to these auctions know this, and never overbid on a vehicle, trying to keep prices as low as possible. If you want to go and try your chances, you will have to pay cash, no bank transfer accepted, and calculate any offered car’s price at about 50% off its normal price. Keeping the price line steady low will be used as a general guideline.
The police also auctions cars that belonged to convicted people that have no possibility of paying for affiliated car payments, or cars that have been impounded for various reasons. Sometimes, even cars that were not entirely paid for are sold by the police. Cars that are new but not entirely paid for can be also sold. New cars that weren’t successfully paid can also be sold in these auctions. These cars are usually as good as new, and their prices will be a little bit higher that those of the firstly mentioned cars. These new cars will have prices that are a bit higher. Because they are practically as good as new, they will register bigger selling prices. Even if the price is higher, it will not reach real value. You can find lots of things at low prices, but you probably won’t find a Razor scooter promodel.
In conclusion, if you decide to stop by a police car auction, you will end up with valuable assets for low prices.
You can then sell it and make a huge profit, then use the money to attend to the next police car auction and start a car selling business just by doing this frequently, in your spare time.
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