Cheaper Motor Vehicles At Car Impound Auctions
The present generation of car lovers would surely love the idea of buying cars with up to 50% discounts from car impound auctions, (police auctions). You can easily purchase the car of your choice like this at impound auctions as so many have to be sold on the spot. You would be amazed to find the variety of cars on offer. These cars vary from the real old to nearly new cars in a reasonably good condition.
If you have an interest in bidding in these kind of auctions, then the local police is the best source of information for you regarding the schedules of future auctions.You may also gain some information about auction times from the advertisements in newspapers and also from the posts in the department's websites. To be on the safe side, you would rather be at the auction a bit early, for some inspections of the vehicles listed for bidding. The police storage area is usually intended for such auctions and you can go in the auctioning block some hours prior to the auction.
In most cases, the sales in these auctions are final, and the payment should be made by cash, though certified checks will also suffice. Your driver's license should be valid and you should have an insurance proof as well, as when you win the bid, to drive the car home you need a temporary permit. You have to pay the registration fee in order to bid, and you get a number that you show to the auctioneer while making a bid. Make sure that the car is in working condition and if there was any maintenance done to the car, for if it was in custody for a year, there are chances of it not running properly.
Regarding exercising good bidding margins at any car impound auctions, you should mentally remove the 'used-car price guide'; something like what the Kelley Blue Book has listed the prices at. You can find out about the vehicle's history from Carfax.com, if you have a PDA with a wireless connection. It is very easy to find this information through the vehicle identification number (VIN), as this will help you decide if you should bid for a specific car or not. Before the bidding takes place, it is important to learn all about the auction rules, incase you do something illegal and miss out on a great car.
There are some specific terms involved in car impound auctions like 'absolute auction', which indicates the car will be sold to the highest bidder. However, one important aspect to keep in mind is that while bidding for these impound cars, you might not get any guaranty or warranty. But that's not to say you can't find a real gem, or something that only needs a little T.L.C.
If you have an interest in bidding in these kind of auctions, then the local police is the best source of information for you regarding the schedules of future auctions.You may also gain some information about auction times from the advertisements in newspapers and also from the posts in the department's websites. To be on the safe side, you would rather be at the auction a bit early, for some inspections of the vehicles listed for bidding. The police storage area is usually intended for such auctions and you can go in the auctioning block some hours prior to the auction.
In most cases, the sales in these auctions are final, and the payment should be made by cash, though certified checks will also suffice. Your driver's license should be valid and you should have an insurance proof as well, as when you win the bid, to drive the car home you need a temporary permit. You have to pay the registration fee in order to bid, and you get a number that you show to the auctioneer while making a bid. Make sure that the car is in working condition and if there was any maintenance done to the car, for if it was in custody for a year, there are chances of it not running properly.
Regarding exercising good bidding margins at any car impound auctions, you should mentally remove the 'used-car price guide'; something like what the Kelley Blue Book has listed the prices at. You can find out about the vehicle's history from Carfax.com, if you have a PDA with a wireless connection. It is very easy to find this information through the vehicle identification number (VIN), as this will help you decide if you should bid for a specific car or not. Before the bidding takes place, it is important to learn all about the auction rules, incase you do something illegal and miss out on a great car.
There are some specific terms involved in car impound auctions like 'absolute auction', which indicates the car will be sold to the highest bidder. However, one important aspect to keep in mind is that while bidding for these impound cars, you might not get any guaranty or warranty. But that's not to say you can't find a real gem, or something that only needs a little T.L.C.
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If you know what you are looking for are some fantastic deals to be had at car impound auctions. Make sure you read the report here about car impound auctions so you can take advantage of the best deals.
