Government seized auto auctions may be something new to car buyers especially for first timers. Very often, we hear of people going to the car showrooms to view the latest car models or even know someone who is going to the used car dealer to buy a second hand car. Other than heading to the car showrooms and second hand dealers, you may not know that government seized auto auctions are real gems when it comes to buying a used car or nearly new car at a huge discount. Here are some facts about such auctions for all potential car buyers especially those who are looking for used vehicles.

Did you know that there are literally thousands of cars that go into the surplus inventory of the government and banks?

Since many vehicles are seized or repossessed by government and banks everyday, the monstrous expenses to find a storage space for these cars are huge and maintenance costs can escalate quickly. So in a bid to bring the costs down, government agencies and banks are ready to auction them off at government seized auto auctions for as much as 90% off the retail price you see at car showrooms. The next time you see your neighbor driving a Mercedes convertible, it may not mean that he or she is rich. The car may have come from such an auction.

Government agencies such as Internal Revenue Service (IRS), U.S. Marshals Service (USMS), U.S. Customs Service, Small Business Administration, U.S. Department of Defense, U.S. Bankruptcy Court, U.S. Department Of The Treasury, Department of Agriculture (USDA), Department of Energy (DOE) and many others could be the ones who took these cars in.

Since the anti-mob laws in the States are forcefully enforced, the constant raids on drug dealers and other mob activities have seen many posh luxury cars seized by the government. They are not interested to make any profit out of it but rather to quickly sell them away lest the costs of maintaining them becomes a liability to the government coffers. This is where you get top class, and sometimes near new condition cars on sale at ridiculously low prices in government seized auto auctions.

At government seized auto auctions, there are also repossessed cars taken by IRS from people who default on tax payments, and also others who fail to pay up their installments to banks and financial institutions on time. You can find a lot of models like Mitsubishi, Toyota, Ford, Nissan, Honda, Chrysler, Lexus and other brands.

In fact, it is quite likely that there are many cars going for anything from $200 onwards. The eagerness of the government and banks to quickly sell off the seized or repossessed vehicles is an advantage and opportunity for all interested car buyers to drive home a quality vehicle for a huge discount.

Government auto auctions can provide you with some truly amazing opportunities to snap up vehicles for as much as ninety percent off the list price. At these auctions you will find that there are many different types of vehicles being auctioned off including repossessed trucks and cars as well as seized vehicles and also surplus vehicles. Judging by the tempting advertisements it does seem that these auctions are the best places to shop for a low cost and hugely inexpensive automobile.

Government auto auctions are held by different state, federal and also local governments as well as by the law enforcement agencies in the US that have on their hands numerous unclaimed, surplus as well as seized vehicles that they wish to dispose off.

These auctions are also mainly held by the General Services Administration or the GSA which is a really huge organization. Besides the GSA others that hold these auctions include the IRS, FBI, US Marshals, DEA and the Department of Treasury and also Homeland Security and Border Patrol.

It is also quite usual for the Government auctions to be handled by a private auction company. However, that does not in any way take away from the fact that the auction is real. It does of course pay to understand the working of these auto auctions that are held by the government. Such auctions are in fact held all across the nation and at different locations and according to different schedules.

In most cases the auction will be held in one particular place and regularly as well such as every month or every three months or even every year. Before the auction is to be held the government agency will give out advertisements in the national and local newspapers with all the listings as well as details.

At one time however there can and will be more than one such government car auction and so you need to see which auction is conveniently located and then you can think of visiting that one. The good news is that there will be every type and make as well as model of car that is being auctioned off including coupes, SUVs and sedans as well as vans and even minivans and convertibles.

Though the government agency will like to get the best price for their vehicles you can always find some very tempting deals and it is certainly possible to get a particular cheap vehicle. This factor alone is the reason why the Government Auto Auctions are so popular and why so many people participate in them.

Of course, only people that are aged eighteen and above are allowed to bid at these auctions and in addition the bidder must also possess a valid driving license. In a few cases, these auctions are also limited to just those who are licensed auto dealers but such auctions are few. Before the auction actually takes place there is a preview time period when bidders can come and check out the vehicles being auctioned off.

Even so, rarely will the bidder be permitted to test drive the vehicles and they won’t be getting any warranties or any guarantees either. So, you will be shopping rather blindly.

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• Seized Property – Treasures for Bargain Hunters! (mt-soft.com.ar)

Getting good vehicles from government auctions is a wonderful option to look at. The government periodically holds auctions to bid off different kinds of vehicles from different sources.

There are vehicles which are confiscated from criminals. Once the investigations are done and the felons are convicted, their confiscated vehicles are usually sold at government auctions. A wide variety of vehicles can be found during these government auctions.

There are also used government vehicles that are auctioned off to the public after the government has offered these vehicles to other states. The used vehicles are auctioned off because of the rising cost of storing these vehicles which the government shoulders.

Here are some basic tips on how to go about buying surplus vehicles through government auctions.

1. Check the affiliation of the auction first

There are a lot of auctions out there that are posing to be legally affiliated with a government institution. To avoid subsequent troubles and to make sure that everything is in proper place, one should check the affiliation of the auction and counter-check it by asking the institution. Caution is very important in participating in such auctions.

2. Check the schedules of the different government auctions

Getting one’s hands on a good pick requires some researching and good timing. Remember that there are a lot of other people who are eyeing on these government auctions and being informed is a good way to get ahead.

There are many government auctions which are held by the General Service Administration, the US Marshall Service, the US Postal Service, the Internal Revenue Service, the US Small Business Administration and many others.

One can find good vehicles and other stuff such as furniture, heavy equipment, scientific equipment and yes, even livestock.

3. Don’t judge the car by your first impression

Always take in mind that the vehicles that are offered in government auctions have been in stagnant condition for a long period of time. Before the government auctions these vehicles to the public, they are first offered to other states which might be in need of these vehicles.

So if one sees vehicles in fairly bad exterior condition ( flat tires, dusty and rusted hood, and such other similar conditions) one must be able to look forward and see the vehicle after it has been restored.

4. Always consult a price list

One can probably ask for a list of the auctioned materials from the proper authority and make a preliminary research regarding the current price of the said vehicle. One can definitely make use of the web to be able to get an updated price for certain surplus vehicles.

5. Avoid unreasonable price spirals

In any type of auctions, there are bidders who do not know how to play the game. It only takes two bidders to make the price of a certain vehicle to shoot up unreasonably above its current market price. Bidders should always avoid this unwanted spiraling of prices especially if he is on a tight budget.

These are just some practical tips on how to effectively purchase a surplus vehicle from a government auction. The wise always win in auctions, he takes everything into consideration and make the right bids at the right time.

For listings of surplus vehicles, please visit http://www.auto-car-auctions.info/

Article Source: http://EzineArticles.com/?expert=Tim_Lee
http://EzineArticles.com/?Car-Auctions—5-Tips-For-Buying-Surplus-Vehicles-at-Government-Auctions&id=244949

If you’ve heard that government auctions are a great place to get bargains, you’re right. But that doesn’t mean everyone who attends a government auction gets a bargain. Only people who employ the right strategy walk away with incredible deals. A lot of people make mistakes when they first get into government auctions. In this article I will discuss some of these mistakes and how to avoid them. After reading this, you should be on the right path to success in government auctions.

The first thing you should know about government auctions is that a lot of them are actually not government auctions. There are a lot of dubious people out there who sell stolen goods under the guise of being affiliated with the government auction. This means before attending any auction, be sure to do the necessary background work to determine if the agency is related to the government, or if they are fraudulent. This occurs more than you might think. One method of verifying an auctions authenticity is to go to visit a Government Auction Reviews site. This way you can avoid any auction scams and have an expert opinion by someone who specializes is in this field.

Next, make sure to read over the rules and regulations of each auction. There are many different government agencies in many different types of government auctions. Naturally, each has its own rules and regulations. If you don’t know the particulars of the auction before entering into a contract, you’re bound to wind up with some surprises. Nothing ruins a good deal faster than not knowing all the details.

Finally, be sure to inspect the goods before you purchase them. Although this sounds like common sense, a lot of people often make the mistake that if you’re buying it from a government auction that it won’t fall apart as soon as you get home. Most government auctions sell goods as is, so what you get you get. Don’t rush into any purchase without a thorough inspection first.

In conclusion, government auctions are great but they have a learning curve just like anything else. Use these three tips, and also be on the lookout for other things you need to learn before you become aggressive in getting deals from government options. With a little bit of patience, you’ll be able score great bargains regularly at government auctions.

For more information and an evaluation of the best Government auction sites check out governmentauctionsitereviews.com

Article Source: http://EzineArticles.com/?expert=Doug_E_Smith
http://EzineArticles.com/?Government-Auctions—Mistakes-to-Avoid&id=1253169

There are three main reasons why live government auctions are the best place to purchase cars, trucks or SUVs in the USA. The first reason is of course the price tag. Every month, thousands of vehicles are sold at bargain-basement prices at government or police auctions, with many new owners driving away in a car that they bought for a tiny fraction of its original sale price. “How is this possible?” I hear you ask. Well, every day a vast amount of people default on their car loans or lease payments, meaning their vehicle then has to be repossessed or seized by financial institutions as collateral. Often, the cost of keeping this car in storage outweighs the benefit to this institution of holding out long enough for a good deal on the resale of the car. As a result, these cars quickly wind up at auctions where they’re sold at cheap, cheap prices.

In addition, many of the cars that make it to live auctions are retired government vehicles, such as police cars, diplomatic/official transport vehicles and departmental vehicles. As a part of the government’s policies on vehicle maintenance et alia, these cars have to replaced periodically, despite the fact that the vast majority of them have done very few miles and are in great condition. And who wins out of this series of events? Why you of course, the buyer. “So why doesn’t everybody purchase their cars at government liquidation auctions?” Well firstly because this method of buying vehicles isn’t advertised greatly to the general public, and secondly because the turnover made by car dealerships as a result of auction buying represents a huge asset for them in terms of their profitability – in other words, they don’t want you find out about these deals!

The second reason for which a government or police auction could provide you with the best deal for your vehicular purchases is quality – the quality of the cars on offer at auction to be precise. Given that a lot of the cars available at auction come from federal and/or government departments, they tend to be in the best possible working order. Why? Because all government departments have to comply with regular checks on the quality of their vehicles, due to work safety legislation. This means that many of the vehicles at auction will come with full service records, and more still are still under the manufacturer’s warranty.

And the final reason for choosing live government auctions as a means of buying your next car… satisfaction. If you need any convincing of the overall satisfaction of customers that buy from live government auctions, you need only view the ‘Testimonials’ section at http://usedonlinecars.com. Not only do buyers that use the services offered by this site comment on the excellent quality and amazing value of their purchases, but they also testify to the customer service that they’ve received from the usedonlinecars.com team along their journey from bidder to buyer.

Photo Credit for Live Government Auctions: Simon Davison via Compfight cc

Government Car Auctions

The Best Way To Buy Government Auction Cars

The U.S. government is required to offer its used vehicles to the public through open auction which makes this a really good opportunity for anyone who takes the time and initiative to do a little research.  The U.S. General Services Administration is the federal agency clearing house for all federal vehicles and is responsible for auctioning when the federal agencies are finished with them.  Each federal agency turns their vehicles into the U.S. General Services Administration auction facility located nearest them and then U.S. General Services Administration personnel will then conduct the auction.

Government auction cars offered for auction through the U.S. General Services Administration are normally sold for a fraction of what they would be sold for if sold retail.  These vehicles are thoroughly cleaned and detailed and are considered drive ready.  The vehicles will normally be about two or three years old.  They will have been used for staff vehicles and will not be specialized vehicles or repossessed vehicles.

The vehicles will be sold “as is” with no guarantees and so should be inspected by potential buyers.  The auction facility staff will be happy to help and the government auction cars may be started, but may not be driven.  Since there is no mechanical guarantee, any potential buyer is strongly encouraged to do their own inspection of the engine, tires, battery and any other mechanical parts.

A buyer can check online at http://usedonlinecars.com to see a listing of available vehicles at the various auction facilities nationwide.  This site includes some details about each vehicle as well as the date and time for the next auction at each facility.

When the buyer arrives at the government auction cars facility, they should register and preview the available vehicles.  The buyer will receive an inventory list of government auction cars to be sold and should use this list to inspect the vehicles.

If the buyer needs help with how to bid, they can ask auction facility staff and can practice bidding at a mock auction prior to the real sale.  This is important because bidding can be very fast and if the buyer is not familiar with the process, they may not get the vehicle they want.

There are no “buyer’s fees” and the U.S. General Services Administration auction facility staff typically accept credit cards, debit cards, cashier’s check and money order as form of payment.  The buyer can check with auction facility staff to see if there are any other types of payment accepted.   It is the buyer’s responsibility to get the purchased vehicle from the auction facility.

All federal agencies use and sell used vehicles, but the U.S. Border Patrol and the Department of Defence are the two largest sellers of government auction cars.  U.S. Border Patrol sells its vehicles mostly at U.S. General Services Administration auction facilities across the Southwest United States and the Department of Defence sells their used vehicles at U.S. General Services Administration auction facilities throughout the entire country.  Both federal agencies sell a variety of vehicles including cars, trucks and SUVs.

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In this article, we are going to outline and discover what car auctions are about as well as give a short review. For many people, selling a car can seem like a pointless hassle. Even so, it in no ways has  to be as difficult, time consuming, or as hard as numerous individuals globally seem to reckon.

We’re going to talk about various ways of selling your car, and give a small review regarding which method we have learned to be the best, the fastest, the softest, and the one we believe a person has the best chance of getting the most money for their car.

The first way you can market your car is at the usual car auction. You go to an auction, they are held throughout the UK and USA. The best way to discover where your local car auction may be is to grab a hold of a weekly published paper.

The paper you will need may differ from county to country and city to city. The one we use ourselves is called the advertiser, but to tell the truth, they are likely to be based on the same sort of name. If you visit your local news agents, they will assist you by pointing you in the right direction.

What you are looking for is a simple advertising paper or magazine which several businesses use to promote their services; what you will find is car boot sales, cars, auctions, police auctions and many other similar services in such a publication.

Once you have located your selected car auction, you will want to make sure you have the correct directions for getting there on time. Once you’ve arrived, you’ll be well on your way to acquiring a car for a low cost price. A good number of people start dealing in cars in this way, and it could very well really end up as a valuable business for many people worldwide.

Our car auction and review on this technique is that you are able to discover how to get yourself a bargain car after going to such a place a few times. You’ll also be able to talk to people, and you can learn how to have your cars listed for sales at the next auctions if this is the route you want to take in selling your obtained cars.

The final method we’re about to talk about is by selling or buying cars on eBay. EBay is our method of choice because you are able to list all of the features of the car, provide a picture, and really go to work on the pre selling of your car, listing every single one of the details. You can even list any extra work done. Don’t forget, you will be advertising to thousands of people day after day, because eBay gets thousands and thousands of visitors each day, several of which are searching for the best possible car deals.

Obtaining the best information on Government Auto Auctions is no easy task nowadays. If you are looking for more information on Government Auto Auctions, then I suggest you do some prior research so you will not end up being misinformed, or much worse, scammed. If you want to know more about US car auctions, go here: US car auctions.

A Day at the Auction House

Many people don’t understand Government Car Auctions, so they don’t realize this is a great way to get a cheap used car, or even real estate, unclaimed cash and electronics.

Businesses can also participate and add to their fleet for construction, plumbing, and electrical work trucks and vans.

Here are a few interesting facts about government auctions:

• Government Car Auctions sell to the highest bidder, and it can be a great way to get a used car for a few hundred dollars, even. Many people buy cars this way and then resell them for profits. Many dealers get vehicles for their used car lots this way.

• The Government Car Auctions are held at different locations throughout the United States, and some are even held online.

• Vehicles come from government fleets, such as GSA, Transportation

department, state and local municipalities, and DEA, US Marshall and Coast Guard seizures.

• Government Car Auctions may include seized cars such as Mercedes,

Bentleys, and BMW’s that can be bought at much less than book value, at a price you might not be able to afford otherwise.

• Some government auctions may include seized Real estate, mobile homes,

trailers, boats, ATV’s, motorcycles, office machines, photography equipment, computers, unclaimed cash and many other personal items. It can be a great way to get a new boat!

• The government fleet vehicles have been maintained on a regular basis and are often more reliable than you could find at any used car dealership.

• If repairs are needed, the government may list defects in some

descriptions, unlike used car dealerships. It is a good way to get a cheap used car, even after repairs, if minor.

• Government Car Auctions will set a day and certain hours aside so that

you can come inspect the used cars and start them before the auction. It is best to find a selection of several, in case you are outbid. Take your mechanic to look over the vehicles when you go for the inspection prior to the government car auction.

• Do some research, as to resale value and you will need to have funds

lined up, as they normally want cash. You can also find some information

about auto financing by clicking on the ‘Car Loans’ tab at usedonlinecars.com.

• Many people have been using Government Car Auctions for used cars for

themselves, their friends and teenager’s first car because they have so many chances to get a cheap used car.

• Businessmen have been using Government Auctions for their company

purchases of office equipment, computers, electronics, company trucks and vans. It is a great source to find work or farm vehicles at affordable prices. The savings can be tremendous!

If you want to find more information, you can do research online and find experts that offer free auction guides, tips and training to help you find the deals on used cars and make the bids to acquire other great personal and business equipment and real estate.

If you want a motorhome, but don’t want to spend thousands of dollars to get it, consider buying a repossessed motorhome. Like any other big purchase, when you fail to make a certain number of payments the lender will come and repossess it.

However, in some cases the owner of the motor home will voluntarily give it up if he or she knows they can no longer afford it. Either way, it will help you save a great deal of money. Here are a few tips to help you get the best possible deal on a repossessed motor home.

Fiat Ducato based motorhome 1992. (Photo credit: Wikipedia)

Tip #1- Call Lenders In Your Local Area to find Repossessed Motorhomes

Finding a repossessed motor home isn’t all that hard. Call a few lenders in your area and ask if there is a repossession manager you can speak to. See if there are currently any repossessed motor homes they are trying to sell. If there are you should arrange a time to meet up so you can look at it. Always take a qualified mechanic with you to check it out before you make an offer. Ask the mechanic how much they charge for an on site inspection. You need to know this information before you hire one.

Tip #2 – Research, Research, Research

Once you find a motorhome you like you need to take the time to research its value. Don’t get caught up in the excitement of the moment and fail to do your own research. Tell the repossession manager you would like to go home and do your own research before you make an offer. Base your offer on the information you find about the value of that particular motorhome.

Tip #3 – Don’t Be Afraid To Negotiate

A repossessed motorhome is basically a vehicle the lender had to write off. At this point they are just trying to get rid of it. They will never recoup the total value of the vehicle. That’s why it’s such a great deal for you. However, that doesn’t mean they will let the motorhome go for pennies. In some cases they will ask for the retail price. And that is when you will start the negotiation process.

Some items you’ll need when you purchase your beautiful new motorhome

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As stated before, most lenders just want to get rid of the vehicle as quickly as possible. It is no longer making them money so they have no need for it. Make a reasonable counteroffer and see how they respond. If they are willing to negotiate they will come back with something else. The idea is to negotiate a price that is well within your price range.

Tip #4 – Check For Motorhome Auctions

In the event your local lender has no motorhomes available for sale you can look into repossessed motorhome auctions. There are tons of great auctions you can find online. If you find something you like research it in advance. If everything checks out you can go to the auction to bid on the motorhome. Be sure to set your budget before you leave home and do not go over it.

If you’re looking for quality repossessed motorhomes then visit http://usedonlinecars.com today.

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