Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Seized Car Auctions: a Good Option for Getting a Car?

By Hiteshbhoi Subscribe to RSS | December 6th 2011 | Views:
loading
 
  



Seized car auctions: a good option for those in search of a great deal on a car. “Cars at 90% off!” “Cheap Surplus Vehicles!” These are the kinds of statements that you will usually find at the beginning of and advertisement for a seized car auction, So what is a seized car auction? How do these types of auctions work and can you really get a great deal on a car at one? Is there any catches to purchasing a car at one of these auctions?

Seized car auctions happen in a few ways. A bank will normally repossess the cars of people who are not paying their car loans and will then auction off the car. Additionally there are numerous state and local government agencies that will seized the vehicles of people that have broken the law and hold an auction to sell them. Some state agencies will purchase new service cars and then auction off the old ones.

With most of these types of auctions, buyers will get the opportunity to inspect the vehicles. You are however not allowed to drive the cars. There are no warranties given or guarantees that the cars are in perfect shape which is really no different from purchased a used car off a sales lot.

Seized car auctions, a good option for those that know what they are doing, because if you do not you won’t be getting such a great deal after all. If you happen to have your eye on a potentially popular car there is likely to be heavy bidding competition which often makes what you pay worth more then the car is actually worth.

Your best chance at a great deal at one of these auctions is go for an older car that used car dealers might not want to spend the time and energy fixing up.

You can find auctions for seized cars announced in national and local papers. Additionally you can contact local banks and request information about the auctions that they hold. Many people use an online service to locate these types of auctions in these areas. With some research and a little luck you should be able to see that seized car auctions are a good option for finding a car for yourself, and save some thousand dollars.

Hiteshbhoi - About Author:
2012 Chevy Malibu houston

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/auto-articles/seized-car-auctions-a-good-option-for-getting-a-car.htm

Related Auto Articles Subscribe to RSS

Tips for buying cheap online car insurance and getting a free online car insurance quote
Published by Hiteshbhoi on December 7th 2011 | Auto
Smart shoppers can save money, buy cheap car insurance and get a reliable free online car insurance ...
 
Costs behind cheap decisions
Published by Denzel Wilson on May 9th 2012 | Auto
When you buy something, you should always consider costs to be one of the main reasons for buying or...
 
Want to hire cheap limos San Diego?
Published by Elvy James on July 2nd 2012 | Auto
People who are looking forward to avail effective yet affordable commutation facility in Los Angeles...
 
Tips on How to Negotiate Successfully with Sacramento Used Car Dealerships
Published by Robinn Atherton on August 24th 2012 | Auto
Even though you have not purchased used cars before but still you can manage to negotiate successful...
 
The Hero Motocorp Passion Xpro is the new generation bike
Published by Wilson Roy on August 24th 2012 | Auto
The Hero Motocorp Passion Xpro is the new generation bike from Hero. They are already known for prod...
 
The Hero Motocorp Passion Xpro is the new generation bike
Published by Wilson Roy on August 24th 2012 | Auto
The Hero Motocorp Passion Xpro is the new generation bike from Hero. They are already known for prod...
 
Yamaha YZF 250 R4 - appealing looks and great functionality
Published by Wilson Roy on August 24th 2012 | Auto
Yamaha is the most popular company known for producing classic bikes. This time the company is manuf...
 
Yamaha YZF 250 R4 - appealing looks and great functionality
Published by Wilson Roy on August 24th 2012 | Auto
Yamaha is the most popular company known for producing classic bikes. This time the company is manuf...
 
Leading Used Car Showroom in Coimbatore
Published by Hema on August 23rd 2012 | Auto
The showroom has been known for its architectural beauty and is one iconic showroom in town designed...