Government Seized Car Auctions

OK, so I’ve heard that you can get retired police cars at a Gov. Auto Auction?

So how exactly will be the cars sold like, will there still be the stickers/decals on the car? Will the paint be the same or will everything be stripped down as far as the paint goes? And since police cars have rock hard plastic seats in the back seperated by glass between the front and back row, will this be the same? Or will everything just be stripped?

Bidders found their favorite blast from the past at the Barrett-Jackson Auto Auction. From Barracuta’s to GTO’s this no reserve auction guarantees a sale.

I’m looking for a car, and while searching craigslist I came across a website, http://www.bidonvehicle.com. They claim to sell government seized vehicles for up to 90% off book value. In today’s world, it seems sketchy to get a vehicle for that cheap. Does anyone know whether or not these types of websites are a scam? I’ve already come across the “I’m a G.I. overseas and I can’t sell my car here” scam so there are obviously scams out there…

Looking for a newer car at a cheap rate. Was told that going to government auctions or banks for repossessed vehicles is the best way to go. Is this risky and would i be getting a quality / reliable vehicle?

If you have been looking to buy a good car at a very low price, you know about cheap seized car auctions. The vehicles sold there are seized by different lending and financial institutions, as well as government and law enforcement agencies. Reasons may vary from inability of a person to pay off a loan to taking part in a criminal activity.

Why cheap seized car auctions make such a good bargain is because the confiscated vehicles are mostly in a very good condition, but sold as low as 10-20% from their market price. Secondary reasons include the possibility to find a rare or exclusive model, wide selection, availability of history report, and, in some cases, no paying a registration charge as well as the buyer’s premium, meaning that the price of the car alone is all you will pay.

One of the biggest disadvantages of cheap seized car auctions, though, is the difficulty in locating them. In spite of the fact that these auctions take place regularly and in all parts of the country, many people still believe they are a myth and impossible to find in reality. This is the main reason why consumers looking for cheap used vehicles tend to rely on dealers and private resellers, often paying more than what they would have paid using a repossessed car auction.

These auctions are rarely advertised, and a small notice in a local newspaper is often all you can find if you are lucky enough. This is because they are often held by private auction companies, who can’t afford a big advertising campaign.

Another disappointment for many people is to find the auctions scheduled in a place quite far away from them, meaning that attending them for preliminary inspection as well as the auction itself would mean driving long hours, and spending money and time. Sometimes, people get a wrong impression that there are simply no cheap seized car auctions in their area.

Bigger government auctions are usually announced nationwide in such newspapers as USA Today. But you should realize that the chances of getting a fantastic deal decrease as a lot of people are likely to take part in a widely advertised auction. If you want less competition, minimum auction publicity is what you should look for.

So, you can make your own research and do a lot of legwork in order to locate less known cheap seized car auctions in your area, or save a lot of time and effort by getting an unlimited access to an extensive online database for a one-time fee (around $40 in average). By opting for the latter variant, you can instantly locate repossessed auto auctions as well as other seized property auctions all over the U.S., and find out the schedules, auction rules, and even partial listings.

Start your cheap seized car auctions search for your dream car at the largest auction database at my auto blog now.

With all of the economic problems that have been going on in the last couple of years, the number of people who are having their cars repossessed by banks or seized by state and federal government agencies, like the IRS, is on the rise. This means that there are also more seized car auctions happening all the time and attending used car auctions is becoming more commonplace and is increasingly becoming a good way for people to save money when they need to get another car.
When people get behind on their car payments, it is common for the lending institution to take back the vehicle, especially if there is no way for the person to get caught up on missed loan payments. The result is that the larger banks, credit unions and finance companies are often overflowing with repossessed cars and seized cars that they need to sell through a seized car auction.
A variety of different government agencies, from the local level to the federal level, have the authority to seize vehicles and place them in seized car auctions. These seizures occur when someone owes a lot of money to the IRS, or when the vehicle was involved in a crime, or when it was bought illegally with drug money.
When lending institutions, banks, police departments, and various federal agencies end up with a growing number of cars that have been seized or repossessed, they ultimately spend a lot of money to store these vehicles. In most cases, the people from whom the cars were seized have either no recourse at all for getting the vehicle back or a short window of opportunity to get the vehicle back before the agency has the right to sell it off. If there is no longer any chance of the person being able to reclaim the vehicle, then it can be sold through a seized car auction, which the agencies prefer to do as soon as possible to minimize their storage expenses.
In many cases, a seized car auction can be a bargain hunters dream, enabling them to save hundreds, or even thousands of dollars, on a wide variety of cars, truck, vans, recreational vehicles, and even boats and other recreational sports vehicles. These seized, motor car auctions provide people with terrific opportunities to get a better quality vehicle than they might otherwise have been able to afford. For those who are really lucky, they could be driving away with their dream car after only paying one quarter to one half of the amount that they might have paid, had they gone to a regular dealership.
Before attending seized car auctions you need to be sure to do some homework first. If you have a particular model in mind, then do some research to find out what the fair market value is. It is a good idea not to start bidding at the first used car auction you attend, but instead, watch the proceedings so that you can get a feel for the general buying environment and gain an understanding of how the entire car auto auction process works.

off my car and then sent me a letter with the remaining balance of $4000 and change that I owe. Now, a few months later, I am getting a bill from some law firm saying that I owe over $7,000. How is this possible? Has this ever happened to you before, and if so, what does it mean? I want to protect myself from fraud, and of course I am going to call to investigate, but I want to hear from someone who has experienced this.