Internet auctions are like giant online flea markets. Sellers may offer one item at a time or multiple lots of the same item. In theory, online auctions run much like local auctions, but behind the scenes, there is ongoing data collection. Just like local auctions, there are sellers and bidders and winners and losers. Winners are expected to pay for what they bid on at the conclusion of the auction. But that is where the similarities between online and local auctions end.
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Unless the government will be able to find good use of these cars, they are often sold to the public. Otherwise, they're not only going to keep inventory but they have to spend for their maintenance. Though government car auctions may spell boon for people who have been dying to possess their very own luxury car, there are also disadvantages that you need to consider:
Do your research. Check Kelly Blue Book for the proper price for the vehicle, including its mileage and apparent condition. Always downgrade the condition by one ranking for government auctions. Also, do some smart used-car research, such as checking Consumer Reports for reliability and the frequencies of particular repairs, and checking our road test information if it's a recent model vehicle.