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What Are Government Vehicle Auctions?If you are looking to purchase a vehicle, whether its a car, truck, or SUV, one way that you might be able to save money is by purchasing from a government auction. A government vehicle auction will allow you to obtain a vehicle very often for a price much cheaper than vehicles sold by dealers. In terms of how it works, broadly speaking a government auction is just like any other auction. Items (in this case vehicles) are offered for sale, people place bids for how much they are prepared to pay, and the highest bidder gets the item. The only real difference between a government auction and a private auction, is a government auction is being used to sell property owned by the government or a government agency (it may be a federal, state, or local government agency), instead of property owned by private businesses/citizens. One thing that you should also understand is where the vehicles in government auctions come from. There are really two main sources of these vehicles:
Do be sure to find out as much as possible about each vehicle that you are interested in (you may find a guide like How to Inspect A Used Car† to be helpful), so you are confident that you are bidding on a vehicle which is both what you want, and isn't going to immediately breakdown. If seriously considering purchasing a vehicle - it's probably also worth checking on the vehicle's history using online services - VinAudit.com† provides vehicle history reports with over 60+ problem checks (based on access to a database of over 40 million records from state DMVs, junk yards, and insurance carriers).. Below are some books about government auctions.
Here are some books from Amazon.com: Disclosure: Products details and descriptions provided by Amazon.com. Our company may receive a payment if you purchase products from them after following a link from this website.
Related LinksHere are some related links and websites:
†Disclosure: Advertising Link(s): Our company may receive a payment if you purchase a product/service after following this link. |
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