Do government and police auctions really sell cheap used cars and trucks? Yes they do, every day. Actually, it’s fairly easy to find decent, inexpensive used vehicles; often for just a few hundred dollars. Thousands of cars and trucks are sold like this every day.
In order to get the best deals at a police auction, there are some things you need to know about. In this article we’ll talk about the strengths and pitfalls of these auctions. You’ll learn some long-term strategies with which will show you how to purchase cars and trucks, and find the best deals.
In government and police car auctions, patience is a virtue. It’s important to wait for the right kind car or truck. It’s also important to wait for the “right” bidding atmosphere. If you become fixated on a particular “must have” vehicle, and you’re caught up in bidding wars, you can pay far more than you should. You must be patient and research the truck or car you want to purchase. You must also learn how to quickly evaluate each car to try and determine if it runs well or if it’s in bad condition. Now we’ll talk about how to locate and find great deals.
There are loads of high-quality vehicles with low mileage available at police auctions, and they are always priced well under market value. Also, these are “fleet” vehicles used by various police agencies, and you won’t find these in any dealership or used car lot.
Police generally take great care in maintaining the condition of their vehicles. Every few years, they sell these vehicles and replace them with newer vehicles, therefore giving you a great deal. These “fleet sales” are liquidated through the various government and police auctions.
Also, sometimes getting the best deal out of car auctions requires more than one transaction. For example, if you find a great deal on a car, you can purchase it and then resell it yourself for a profit. You probably won’t be able to sell it right away, but if you can wait on it and sell it a month or two later and turn a nice profit, how many times would you do this? This is another benefit of buying through police car auctions.
Remember that those who are most profitable with government auctions are those who are patient. Be patient to find the best deals on good cars, and consider other strategies besides just the initial purchase, such as reselling your vehicle. Government and police auctions are some of the best places to find great deals if you know how to do it. Keep in mind the tips given in this article, and you’ll do extremely well!
Author: Darlene PhilpsThis author has published 1 articles so far.