In year 2009 you can expect to see more cars auction and more seized cars. That’s because due to the economic condition, many people are unable to pay the monthly car installment. So if you’re indeed looking for a car because of your job or for your family. It will be better to monitor and take a good look at the cars auction around. Perhaps maybe do some research online about cars auction. You might just able to save a lot of money at car auction. So keep an eye on the IRS, US postal service, US customs service and local police department as these places might hold cars auction from time to time. Please do remember to read about the rules and regulation about cars auction as you might need to do some preparation if you seriously want to get yourself a car. One of the basic things that you need to know about cars auction is that you need to prepare enough money for that car that you want to buy. It’s a onetime full payment for car auction. Be aware that you need to check on how bids are place and how much money required for you to bid in car auction. It will be better if you can find someone that is familiar with car auctions activities and a car mechanic if possible. There will be lots of cars available during a car auction. Don’t be surprise that you find lots of cars that meets your budget during cars auction. The question is that are these cars as good as they look? Chances are that you can get cars that are cheaper in cars auction. Problem is you need to be able to figure it out if these cars are good on the road. Don’t rush to pay for the cars in cars auction. Take some time to study and get familiar with cars auction activities. Go for the cars auction couple of times with your friends before decided to place your bids. Besides it will be fun to go to the cars auction. You might learn a lot of stuff related to cars and auction too.
Cars Auction in year 2009
In year 2009 you can expect to see more cars auction and more seized cars. That’s because due to the economic condition, many people are unable to pay the monthly car installment. So if you’re indeed looking for a car because of your job or for your family. It will be better to monitor and take a good look at the cars auction around. Perhaps maybe do some research online about cars auction. You might just able to save a lot of money at car auction. So keep an eye on the IRS, US postal service, US customs service and local police department as these places might hold cars auction from time to time. Please do remember to read about the rules and regulation about cars auction as you might need to do some preparation if you seriously want to get yourself a car. One of the basic things that you need to know about cars auction is that you need to prepare enough money for that car that you want to buy. It’s a onetime full payment for car auction. Be aware that you need to check on how bids are place and how much money required for you to bid in car auction. It will be better if you can find someone that is familiar with car auctions activities and a car mechanic if possible. There will be lots of cars available during a car auction. Don’t be surprise that you find lots of cars that meets your budget during cars auction. The question is that are these cars as good as they look? Chances are that you can get cars that are cheaper in cars auction. Problem is you need to be able to figure it out if these cars are good on the road. Don’t rush to pay for the cars in cars auction. Take some time to study and get familiar with cars auction activities. Go for the cars auction couple of times with your friends before decided to place your bids. Besides it will be fun to go to the cars auction. You might learn a lot of stuff related to cars and auction too.
Seized Auto Auctions - 5 Great Reasons To Buy Online
Seized auto auctions are the answer if your tired of the hassle of trying to buy a car through a dealer? Haggling with the salesman to get what you think is a great price only to find out that your buddy got an even better deal. Or worse yet seeing the same car advertised at a lower price a day later. Have you ever heard of someone getting a car at an incredible price, or wondered what happens to cars seized by the banks, police agencies or government. Are you curious about what happens to pre-owned government vehicles?
These cars are sold at auction; some at onsite auctions and some at seized auto auctions. Buyers can get these cars for thousands less then retail and some starting at bids of $100.00. If saving that kind of money isn’t a good enough reason to visit an online auction then here are five more.
1. Seized Auto Auctions are Fun
Seized auto auction can be a lot of fun. First there is the excitement of bidding for that car you’ve always wanted. Then there is the thrill of getting your dream car at a dream price. You could even practice by guessing what the top bid will be and see how close you come. How much would you have saved?
2. Seized Auto Auctions Save Time and Effort
Driving from dealership to dealership, or from private owner to private owner can waste a lot of your precious time and play havoc with your nerves. What if your schedule just doesn’t give you the time to run around? Who wants to do all that driving with today’s gas prices? With seized auto auctions you set your own schedule for research and can bid at home or during coffee break or lunch.
3. Seized Auto Auctions Are Where You Get Your Car At A Bargain Price
Saving a few hundred dollars on a cleverly marketed vehicle is not really a bargain. Online car auctions are one of the best places to get a great car at a real bargain price. Thousands of cars, trucks, motorcycles and SUV’s end up in auctions through seizure by banks or law enforcement agencies. Most vehicles go for around wholesale or blue book value. A few can even go for as low as 90% off the retail price. Either way a sizeable savings over anything you can get from a dealership.
4. Seized Auto Auctions Offer Great Choice
The lot for an seized auto auction is never too small. There are thousands of seized and pre-owned cars available across the country. You can find almost any make or model of vehicle at seized auto auctions. Even if the car is unavailable in your area it may be available in the near future or in a city close to you. Depending on the site they may offer access to vehicles in your immediate area or across the country. There are free online auction sites and sites where you purchase a membership for a small one-time fee. These sites offer instant access to large databases of online and conventional auctions across the United States.
5. Seized Auto Auction Sites Provide Peace of Mind
Ruining your reputation online and it won’t take long for the whole world to know about it. With blogs, email and online BBB’s too many bad experiences can ruin an seized auto auction site. To this end many sites provide services such as vehicle history reports for a small fee, or programs to protect buyers from fraud or misrepresentation. You may even be able to check out the sellers rating if they have sold on that site before. There are also resources on how to purchase a car online and how to bid to your advantage.Go For It… But Before You Dostyle='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>
Give Seized Auto Auction Sites a Try - But Before You Do... Remember that information is your friend. Like any major purchase you should do your homework on the vehicle you plan to purchase. Once that homework is done familiarize yourself with the policies and guarantees offered by the seized auto auction site. Find out what you can about the vehicle and the seller. Look into insurance and financing options. Prepare well and you should have a very enjoyable experience and own the car of your dreams for thousands less than the guy next door by purchasing at a seized auto auction.
Never Tried a Seized Auto Auction? Can’t Afford the Car You Want? Then How About Saving Thousands on The Car of Your Dreams! Check out US Auction Lists. Or at the very least do a free search for cars in your area and keep waiting for that lottery win.
Article Source: http://EzineArticles.com/?expert=Lee_Connors
P/S: If you really need a car but don't have much budget for it, do some research on seized car or auto auction will be a good idea. Give a little time and effort and you might just find a low price car.
Car Auction Membership Reviews - Save Hard Earned Money On Your Next Auto Purchase By Joe Krystofik
Are you in the market for a new car and you're interested in saving money like 99% of people out there? Then joining a car auction membership site could possibly be for you. I'll go over the whole process that I went through personally and some additional tips that I would do next time. I saved much more than I was expecting on my BMW 330 purchase and I know there are many others out there like myself.
First off, a lesson learned with buying anything online is to review the industry and check out personal recommendations. I rarely make a quick purchase and this is especially true with my recent car purchase. I've always heard about government auctions in the past but was definitely skeptical having known nothing about it. Naturally, I did some research and saved $5,200 off the Kelly Blue Book value. The first thing to look for on an auto auction site is to see if they offer a full money back guarantee with with the membership in case you're not satisfied. It will show their confidence in their product which should be important to a buyer. Another factor which you should ask yourself is, "How large and widespread is their car database?". After purchasing a few memberships this can be the most disappointing when searching through their auction database. Either they don't have anything in my area or the cars are nothing I'm interested in. Luckily for me I'm located in a major city but maybe you're not. Therefore, this is an extra important factor in joining the site. So what is the solution? Well, this is where checking out review sites can help. See what others have recommended and what they've been happy with. On many car auction sites you can test the database out beforehand to get a "teaser" of what is in the area.
Finally, once you get your membership keep a constant eye out for the new auctions and attend the public auctions that may be going on with less competition. This can be your bread winner here by jumping on local auctions where the competition isn't as fierce. After reading up in forums I learned this and found it to be some valuable insight. Some things I would have done differently would have been to be more patient. While it may be tempting to jump on the first, second or even third auction you go to I think patients would have allowed me to save a little bit more.
With this basic knowledge you should be well on your way to saving thousands on your next auto purchase. If you've discounted auto auctions in the past getting a membership to one might end up being one of the smartest things you could do. Just remember to look for sites that offer that money back guarantee if you're skeptical like many.
Joe K. works hard to provide type flight online product reviews. For more information regarding online auto auctions please check out,
Buying a Car at an Online Auto Auction By Andrew Bicknell
For those that don't know auto auctions are the quickest and easiest ways for banks and government agencies to get rid of seized and repossessed vehicles. These auctions can be found all over the United States and can occur daily, weekly, and monthly and are a good place to find the automobile you've been searching for at a significant savings.
Here are six quick reasons why buying a car at an auction can be a good idea.
1. When you find a good auction site you will have piece of mind knowing they stake their reputation on providing a good experience.
2. Seized auto auctions can be a lot of fun. The sheer volume of vehicles to choose from can be quite an experience.
3. It can help you keep your budget intact when it comes to buying a new/used car.
4. You can set a maximum bid level that keeps you from overbidding and letting your emotions get the best of you.
5. You can save time and effort by not having to visit high pressure dealerships or driving from private sale to private sale hoping to find the car you are looking for.
6. Seized auto auctions are a great place to get great bargains on just about any type of vehicle. If you are interested in a high end vehicle, but don't care for the retail price tag, then government seized auto auctions are great for you.
As you probably already know, car dealers will do anything to get you into the car of your dreams. Dealers attend these private auctions to buy cars at a fraction of their retail value and subsequently turn them around, increase the price, and sell them to you at a dealership at a huge profit. Just think how much you could save if you bypassed your dealership and purchased directly from their sources. Car dealers know this, and they go to great lengths to protect this knowledge from the general public.
When you start bidding remember to stick with your plan, bid with your brain and don't let your emotions get the better of you. Don't get caught in a bidding war because one thing you have to keep in mind is the buyer's premium. This is usually in the 5% range and is a commission that is paid to the auction house on top of the winning bid on the vehicle. This means if you place a winning bid of say $20,000 you will pay an additional $1,000 to the auction house for their services. This can be a problem if you didn't take that into account when you got caught up in a bidding frenzy in which you used every last dollar you had. Use your head and you'll do fine.
Online auto auctions are a great place to find the car or truck you have been looking for at a rather large discount. By doing your research and bidding smartly you can save hundreds or even thousands of dollars on great cars.
For more information about finding an Online Auto Auction near you please Click Here.
So You Want to Try Your Luck at a Used Car Auction By Bob Ford
There are two basic types of auctions: Those open only to licensed car dealers, and those that are open to the public - including dealers.
Auctions open to the public are often best suited, in our opinion, for people who truly know cars and who know how to fix them or have access to a low cost maintenance facility. At most public auctions you can walk around the car, open the doors, look inside, and open the hood to examine the engine, but you will not be allowed to drive it. .
Full payment is required at the time of purchase, all sales are final and they come "as is," which means there is no guarantee or warranty. While there are some good deals to be had, keep in mind that this is a high risk proposition.
Who Holds Public Auctions?
1. The General Services Administration
2. The U.S. Customs Service
3. The IRS
4. The U.S. Postal Service
5. Your local police department (State, County and City)
To find out what auctions are being held in your area, check your newspapers and television.
What you need to know
1. Find out when they are holding the pre-sale inspection period and take advantage of it.
2. Inquire about the terms of the sale.
- Do they require a deposit before permitting you to bid?
- How will they accept payment? Cashier checks? Credit Card? Cash?
3. Determine how you will get the car home. Be wary of people selling temporary registrations at auctions. In most cases, you’re going to have to tow or flat bed the car off the auction lot. Generally, you’ll find various tow services offered at the lot.
Determining How Much to Bid
1. During the inspection period perform, to the extent permitted, the inspection checks outlined in “What Car Dealers Won’t Tell You (Available in bookstores and on Amazon.com)
2. Write down the: Vehicle Identification Number (VIN), make, model, number
of cylinders, mileage optional equipment and note the condition of both the exterior and interior.
3. Then call three used car dealers or wholesalers and "pretend" that you have a used car to sell. Describe the car you've inspected giving them all the details. Ask the dealer to give you a “ballpark” price over the phone. Usually, his number will be ten to twenty percent below its wholesale value. Add 15% and you’ll probably be pretty close to its true wholesale value. You might also want to compare their quotes to the NADA website. (www.nada.com ) 4. Once you know the approximate wholesale market value, adjust your bidding accordingly knowing that, in a worst case scenario, you can probably sell the car back to a wholesaler. 5. Use the VIN Number to run a CarFax report prior to the auction. CarFax reports include any history of accident damage, odometer fraud, multiple owners, title problems and much more. To see a complete list of their reports, log on to www.CarFax.com
Tips on Bidding
1. Always got to auction with a not-to-exceed bid amount in mind. And stick to it. Don't let yourself get caught up in the frenzy of bids. Your top bid number should never be higher than the wholesale value of the car.
2. Often an auctioneer will start the bidding at a high number and then drop it if, as is usually the case, no one responds to the opening asking price. It’s usually best not to be the first one to bid. Get a sense of the interest in the car before you jump in.
3. It would be a good idea to attend an auction or two before you start seriously bidding. The more you can learn, the better your chances of reducing your risks.
Good luck!
Bob Ford WebSite: Really Useful Guide to Buying Used Cars http://www.Buying-Used-Cars.com
Author: What Car Dealers Won’t Tell You. Amazon.com http://www.amazon.com/s/ref=nb_ss_gw/104-7187271-9463118?url=search-alias%3Dstripbooks&field-keywords=What+Car+Dealers+Won%27t+Tell+You&Go.x=6&Go.y=7
For over 30 years Bob Ford has worked in and around, and written for and about the automotive industry. His extensive exposure ranges from the executive suite to the factory floor to the dealership. He’s had virtually totally free access to closed door conversations, crisis management meetings and to some pretty odd and even questionable behavior.
Ford is author of "What Car Dealers Won’t Tell You." an “insider’s guide” to buying a new or used car. It details what to look for, what to watch out for and provides negotiation strategies and inspection guidelines designed to help buyers avoid scams and buyer pitfalls.
Media/Lecture Credits Ford has appeared on television as a subject expert on The Today Show, Fox News, CNN, many local market cable shows and dozens of call-in radio programs. He is invited by civic organizaitons and clubs as a guest speaker. He also is the automotive editor at-large for Young Money Magazine.
Grab a Sweet Ride at the Used Car Auto Auction By Tim Shank
When I was growing up I had always heard about the used car auto auction that was held in our area. Ever week people would come from all around in order to buy a used car from this auction. I know people that have walked away with a car for around a hundred dollars and drove it for a couple of years, and I knew people that bought a high end car for more than a thousand dollars and had nothing but problems. When it came time for me to get my first car I went to the auction, but I went smart. I consulted with several of my friends who knew people that were regulars at the used car auto auction and here is what they told me to make sure I did.
The first thing was that I would be able to see the cars, look at them inside and out. I could even start the car and look under the hood, but I would not be able to drive them at all. The only time I would see them in motion is when they would bring the car up to the auction block. So I took a mechanic friend along with me to make sure (or reasonably sure) that the cars I was choosing to bid on were in running condition. I also went a few times before I bought, in order to get a feel for how things ran. Once I was comfortable with the process I decided it was time for me to buy a car.
They brought the higher end cars out first, I guess to see if they could get plenty of bidders from people who where waiting for the cheaper cars to come out, but I held off until they hit my price range. I made sure that I got in on the bidding right away and I bid in small increments to see if I could get the car for a better price, and I did.
So if you want a great used car then check out the used car auction that is in your area. Make sure you take along someone that knows cars in case you don't and get ready to drive away in a car for a lot less than you would pay at the dealership.
Seized Vehicle Auctions and repossesed items on auctions are now listed on our website at http://www.carbuyingfacts.info/
Free Government Car Auction - Do They Work? By Tim Shank
I know that you have heard the stories about people that have gone to a free government car auction and walked away with a $100,000 sports car for a pocket full of change. While this scenario does not generally happen, it is possible for you to make a great deal and pick up a very nice car for a reasonable price. The reports about how well you can do are a bit clouded and embellished in order for you to buy into something, but the fact is that going to a free government car auction is still a great way to get a nice car.
Free government car auctions have been around for quite a long time. The cars that they have available are seized from people for various reasons. It could be that the cars that they have are picked up from drug dealers that they busted, or perhaps seized because of tax problems. They then take these cars to a central location and offer them for auction.
One of the most difficult things is to know when and where these auctions are going to take place. There are plenty of places on the Internet that will give you a listing of all of the free government auctions so you can plan on getting over to one. Some people travel for thousands of miles just to attend one of these government car auctions, either to get a car for themselves at a great price, or to buy multiple cars for resale. So get on the list to find out where these auctions will take place, you could soon be driving away in a new car, for pennies on the dollar.
Seized Vehicle Auctions and repossesed items on auctions are now listed on our website at http://www.carbuyingfacts.info/
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