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Every month across the United States, thousands of vehicles are seized by different Government agencies (IRS, DEA, FBI) and Police departments and auctioned off to the public at incredible deals. Due to certain laws these vehicles are listed and sold at up to 95% OFF their original value. Many auctions start as low as $100. Government pre-owned/surplus vehicles are well maintained and are usually only 2-3 yrs old. We provide you with immediate access to 4,000+ updated auctions nationwide, NOT searchable elsewhere on the Internet and with guaranteed listings in every state. If you are looking for quality cheap cars then check out US government auctions today.
"There are two types of public auctions," explains Steven Lang, who runs a used car dealership in the Atlanta area and once owned a dealer auction (not open to the public). "There are government auctions and there are public auctions." Both are full of potential pitfalls. Here's a quick rundown on both and 10 tips for getting the most out of either. That is, if you dare to venture into the auction pit.
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Highlights Include: 7.66ct Dark Tanzanite 14K Yellow Gold Ring, Rolex Yacht-Master Watch, 27.79ctw Oval Mystic Quartz and 1.22ctw White Topaz Bracelet, Bronze Statues, 3.02ct Center Diamond 14KT White Gold Ring, Designer Handbags, 2.42ctw Diamond 14K White Gold Earrings, Michael Jordan Championship Memorabilia, 1.03ct UNHEATED Ruby 14K White Gold Ring
Payment methods. A government auction accepts many modes of payment from credit cards or bank checks to cash. It is recommended to ask the auctioneer about the modes of payment involved before the auction starts. Besides the bidding price of the car, an additional buyer's premium fee is added onto the total. This fee is normally 5 percent of the winning bid
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Cars at public auctions are often those that wouldn't sell at wholesale dealer auctions. Yes, some are flood vehicles, and Hurricane Irene should still be fresh in your mind. Some are cars quickly reconditioned in dealership shops to fill in slow periods when there's otherwise little work to be done. And many are just flat out junk. "A car that goes across the block at a public auction that isn't spewing smoke is often packed with thick racing oil to ensure it doesn't," Lang continues. "Everything at a public auction looks shiny, but shiny doesn't mean much about the quality of the car."
UBid offers leftover inventory from brand names like Sony and Dell. Since the inventory is discounted, you can find a really good deal. UBid carries new, overstock, closeout and recertified products in more than 25 categories including electronics, collectibles, jewelry, and sports memorabilia among others. Travel deals are available in 10 countries.
Wholesale Heaven is what we call the magical place where millions of cars go to die, at least temporarily. They had bad transmissions, suspension systems that cost more to fix than the car was worth, rust, abuse, and neglect. I saw countless examples of what not to buy because of mechanical issues -- including over three hundred Chryslers with defective six-cylinder engines that would promptly go kaput right after the warranty expired.