What To Look For In A Government Car Auction
A government car auction is usually auctioning off government-seized cars, or decommissioned cars that the agency no longer uses.
Government car auction events are usually held regularly at different locations. The fastest and the best way to learn when and where a government car auction will take place are to check the local newspapers.
Another way of locating a government car auction is to find an online auction service to locate it for you. There might be some fees involved but it will save you a lot of time.
If you are about to bid on a government car auction, you should still be careful about certain thins. The fact that you are purchasing a car from a government car auction does not mean that the car you will buy will be in great condition or that there will be no problems with it.
The government can auction vehicles that are no longer required but also can auction vehicles collected from other companies or even criminals.
You should arrive at the auction early, choose a car and than start with the checks. It is a must to check the Vehicle Identification Numbers (if they match on the papers and on the car) and run a CARFAX report.
Ask the auction administrator for any other information about the car such as the mileage information. It is best of you can have the car inspected by a mechanic. Having done all of the above, you should have acquired enough information to make a decision – weather to bid on this car or not.
A thing to be careful about – there is a competition in the bidding at any government car auction. What it means is that every new bid should be higher than the previous ones.
As you may guess, the cars that are in better condition will attract a lot of attention – not only from car hunters such as you but also from other car dealers. This means that a car may reach a bid much higher than its current market value. Go with a clear budget and a good research about car prices so that you do not end up spending too much or more than the same car market value.