When you decide to attend a government car auction, you’ll be pleasantly surprised by the array of vehicles that they have in stock. Most are sold way below retail value and can have tremendous savings for you. There is a regulation that makes it compulsory for government vehicles to be replaced after 40,000 miles, the surplus vehicles have nowhere to end up but at these auctions so basically you can find cars with low mileage while being cheap to purchase as well. The bidding will usually start at a low price, so you can get a good deal; in fact it’s not unheard of that a quality vehicle is bought from a government car auction. You might even realize that some cars only need minor repairs and they’re good to go.
Government agencies save a little bit of money by selling off the extra cars. The result is the public get to choose a great car at a very low price by going to government car auctions. There is a wide selection of cars to bid on; you literally have a lot of options. This makes finding a specific make and model of a car easy just by attending the right auction that sells them.
You should know that car auctions will attract a large number of buyers since they are priced so low. Although not everybody knows about these auctions, they still attract a large enough crowd that you’d be in for some stiff competition especially for some of the better vehicles. Bidding prices will often start low but will increase at a fast pace depending on the car being auctioned. If you play your cards right, you could drive away with a steal and you didn’t even have to go through a car dealer.
There would be of course cars that would sell fast and a lot of people would bid on it. Keep a budget in mind if the price of the car that you want is going up fast so that you won’t overbid. Granted you might want to pay a bit more if the car meets your requirements and you have checked its value and know it’s worth the cost. Remember that government car auctions have a revolving stock so even if you can’t get that car this time, there’s always another time so have patience and you’ll eventually get the car that you want.
You should get to know more on free government auctions by attending one, you could just observe how the whole process work and familiarize yourself with it. It’s important to know that except the title and registration fees, there is usually no hidden cost associated with owning a car from car auctions. If you have the winning bid, you have to pay a deposit and pay the rest of the amount within a certain time before leaving the auction site. Government car auctions are a fantastic way to get most vehicles in the market without spending a fortune for it, so there is nothing to lose except not attending one.