| Repo Cars for 90% Off! Seized Cars for $200! | | | | can purchase cars this way so they lose money |
| Cheap Surplus Cars! | | | | by paying highly inflated prices to car dealerships. |
| Are these claims true? Sounds like a terrific way | | | | Lots of consumers think these auctions are only |
| to get a bargain car. How does it work? Are | | | | available to licensed dealers because they're not |
| these real deals? Is there a catch? | | | | advertised. Car dealerships obviously aren't going |
| Government car auctions - In a nutshell | | | | to tell you about it, but we get our members |
| Various federal, state, and local government and | | | | access to the direct sources where they can |
| law enforcement agencies regularly seize | | | | literally find a vehicle for pennies on the dollar. |
| possessions, including autos, of bad people and | | | | Are There Online Auctions That Sell Seized Cars? |
| auction them off. Or they buy new service | | | | Absolutely! The Internet has changed the way |
| vehicles and auction off the old ones. These are | | | | auto auctions are done, increasing the ease of |
| collectively known as "government auctions." | | | | access for the public. There are a number of |
| Banks and lending institutions also repossess | | | | seized auto auctions being conducted online and |
| property and automobiles from non-paying | | | | you can save money right from your own home. |
| customers, and sell the goods through auctions. | | | | How Complicated Are The Bidding At The |
| These auctions are real. They take place almost | | | | Auctions? |
| every day in various parts of the country. In | | | | They're not! They 're actually a lot of fun! Just |
| most cases, anyone can attend and participate. | | | | arrive at the auction early so you can get a look |
| And it's possible to find good deals, but most | | | | at the cars that will be up for sale that day. Most |
| people don't know they exist. | | | | bids start at $100. If there are not many bidders |
| Here are some of the common Q&A's for buying | | | | at the auction on a given day, you can get your |
| repossessed cars. | | | | car for a ridiculous price! With our extensive |
| Why Are The Cars So Cheap? | | | | database you won't have any problem finding |
| Every day thousands of Americans are defaulting | | | | these kinds of deals. |
| on their new or almost new cars car loans and | | | | Are There Warranties For Auction Cars? |
| lease payments. Banks and other financial | | | | Generally, auction centers and websites offer a |
| institutions are being forced to repossess more | | | | 90-day warranty at no cost to you. If you would |
| cars than they can store. Automobile storage is a | | | | prefer an extended warranty, you'll need to pay |
| very costly expense, and banks want to get | | | | an additional small fee depending on where you |
| these cars liquidated quickly so that they don't | | | | are getting the car. However, many of the cars |
| lose any more money. In fact, car dealers | | | | may even be covered by the original |
| purchase these cars and sell them for a huge | | | | manufacturer's warranty. |
| profit. You're effectively cutting out the | | | | Are There Any Hidden Fees To Worry About? |
| middleman. You can get access to direct sources | | | | No. You will be responsible for standard fees like |
| where the cars are being sold at prices that look | | | | your title, registration, license, tax, etc. You will |
| unbelievable to the average car buyer | | | | not be required to pay a luxury tax and you will |
| Can I Really Purchase A Car From $100? | | | | not be required to pay any dealer-added fees like |
| Yes, there are cars to purchase from $100 and | | | | you would at a dealership. |
| they are not junk vehicles. You have the option | | | | Are These Vehicles Damaged? |
| to inspect them before you purchase them. Many | | | | No, they are not. These are repossessed vehicles |
| cars at the auctions are almost new with low | | | | not salvaged ones. You can inspect these vehicles |
| miles. As an example, if the government seizes a | | | | before you purchase them. |
| vehicle from an illegal activity, you will have the | | | | Is There Financing Available? |
| option to purchase it for pennies on the dollar. | | | | Yes most of the auctions will have financing. They |
| So Why Wouldn't Everyone Buy A Car This | | | | will provide you with a list of finance companies |
| Way? | | | | that will finance you regardless of your credit. |
| This is a very protected source of revenue for | | | | Where Are These Auctions Located? |
| the majority of car dealerships and is not | | | | They are auctions in just about every city |
| advertised to the general public. The simple fact is | | | | throughout the United States. |
| that many people don't have any idea that they | | | | |