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Automobiles Auctions   >   Articles   >   What Are Government Auctions

   
 

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:
  1. The first main source of these vehicles is simply government-surplus vehicles that have previously been used by employees of a government agency. These are vehicles are typically used by government employees for a few years and then sold when no longer needed. In some cases they may have high mileage, but they are usually well-maintained, and are often only 2 or 3 years old.

  2. The second main source of these vehicles is vehicles that have been seized by the government, through "surplus and seizure laws". These can include vehicles impounded or seized by police, sheriff departments, FBI, IRS, Border Patrol, DEA, IRS, etc.

    Very often, they are vehicles that once belonged to criminals but the government ended up owning. Obviously, there tends to be much more variation in the types of these vehicles, their ages, how well they have been maintained, and so forth.

    In any case, the government agency usually obtained these vehicles for free, generally doesn't want to pay to store them, realizes that they will depreciate over time, and therefore wants to get rid of them as soon as possible for the best price that they can get right now. As a result, there may well be bargains that you can find in these types of auctions - although there might also be some lemons! It therefore is worth knowing as much as possible about each of the vehicles that is being offered for sale.
Now you know about government vehicle auctions, try looking in your local press or using online government auction membership sites to find auctions in your local area.

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.

From Amazon.com

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.

Government Auctions: Cars, Foreclosed Homes and Surplus Sales
By Kathy Moore

CreateSpace Independent Publishing Platform
Paperback (64 pages)

Government Auctions: Cars, Foreclosed Homes and Surplus Sales
List Price: $24.97*
Lowest New Price: $23.34*
Lowest Used Price: $23.33*
Usually ships in 24 hours*
*(As of 19:39 Pacific 17 Oct 2017 More Info)


Click Here
Product Description:
People are always looking for the best deal on any of life's necessities from shoes and socks to the latest to the latest tablets or laptops, and they spend hours scouring various sites on the Internet and clipping coupons or filling out surveys or whatever else is necessary to save a few dollars on groceries and other necessities. Typically, people only think about saving on everyday items like groceries, and generally they only associate auctions with the Internet or a weekend in the country buying antiques and collectibles, but they don't do associate auctions with buying important items like houses and cars. That is until now! This handy little guide is going to teach you all of the insider secrets that "they" don't want you to know about government actions, where you can find foreclosed homes and cars and trucks an absolute steal for years now individuals in the know have been using government auctions to find houses and cars fixed them up and flip them for profit, and they would prefer that these auctions stay secret, because they want to keep all the good deals for themselves. Not only can you find houses and cars and government auctions, but you can find boats, motorcycles, skateboards bicycles, blenders and just about anything else you need or could ever want in a fraction of the price! This guide will teach you how to spot the best deals. How to place a proper bid, as well as teaching you about the legal procedures in license fees that may be involved with acquiring certain items such as a home or vehicle from a government auctions by the time you're done with this book you will have a doctorate in government auctions, and you will be one of the insiders getting the best deal on everything including your first home or car!
How to Buy Cars & Trucks, Vans & SUVs at Wholesale Prices From Government Auctions
By James W. Furr

CreateSpace Independent Publishing Platform
Released: 2006-07-06
Paperback (102 pages)

How to Buy Cars & Trucks, Vans & SUVs at Wholesale Prices From             Government Auctions
List Price: $16.00*
Lowest New Price: $8.00*
Lowest Used Price: $9.59*
*(As of 19:39 Pacific 17 Oct 2017 More Info)


Click Here
Product Description:
Buying government vehicles at wholesale prices can save thousand$. Anyone can armed with the information revealed in How to Buy Cars & Trucks, Vans & SUVs at Wholesale Prices From Government Auctions
'How to Buy Government Seized Vehicles Repossessed Homes and Surplus Property'
Auction Buyers Hot Line, EE Inc
Paperback
Lowest New Price: $19.99*
Lowest Used Price: $4.99*
*(As of 19:39 Pacific 17 Oct 2017 More Info)


Click Here
Product Description:
"BMWs - Cadillacs - Mercedes - Porsches - Chevys - Fords Plus Trucks and Vans For As Low As $100!"

Related Links


Here are some related links and websites:
  • Check Your VIN
    Offers vehicle history reports complete with over 60+ problem checks for a one-time fee of $12.99 per report.
    (Advertisement)

  • How To Buy Cars At Auctions
    With The Present Economic Crisis Theres Never Been A Better Time To Buy Cars At Auctions! This Website Will Provide You With The All Tools You Need To Benefit From The Thousands Of Vehicles Being Sold At Rock Bottom Prices At Auctions.
    (Advertisement)

  • Inspect Before You Buy
    ASE Certified Automotive Technician Teaches You How To Properly Inspect A Used Vehicle.
    (Advertisement)
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