Government car auctions are one of the best places to find any type of vehicle without having to worry about financing or spending too much on a car. You will find that there are many different types of cars available, including sport utility vehicles, sports cars, utility vehicles, and trucks. The amount you pay is totally under your control, allowing you to have what you want at a price that fits your budget.
What should I know?
First, not all the cars that are in government car auctions will be in perfect condition. In fact, there are some cars that need major repairs, but in most cases you will be able to detect these cars quickly and easily. If you have questions about the engine, transmission or automobile of a car, or if you think that tons of bodywork have been done, continue. Since you can not really test the car, it is better to be sure than to buy a car that you will not be happy with later.
Second, always look for the green signal when buying at government auto auctions. In many auctions, someone will give a red, yellow or green signal as they bid on the car. These signals have to do with the title of the car. If the sign is red, then you do not want the hassle of dealing with a car that has no title, but if the sign is green, you are sure the title is ready and waiting. Not all auctions have these signals, but there should be some indication of the status of the title. If not, do not be afraid to ask about it.
What do I have to pay?
When you attend government car auctions, the price you will have to pay will depend on the condition of the car, the mileage of the car and the make and model of the car. Newer cars are traditionally sold for more, in large part because these cars have more demand than older models. It is perfectly fine to buy a car that is three to five years old, if that is what is in your budget. With older cars, such as those between seven and ten years old, be sure to check the car for problems before bidding.
However, in the end, the amount you are willing to pay is totally your choice. There are some old cars that are worth much more than their value in blue books, and they will be sold according to what people are willing to pay instead of the retail value. Other cars, especially common models, will cost much less than the amount shown in the blue book.
If you have a limited budget, it will be much easier to choose a car at government car auctions. You may find that you can get a new car for only a few hundred dollars if there are no other providers, although a price of several thousand is more common for newer models.