Instead of going to a car dealership and buying vehicles the usual way, have you ever considered visiting a government or police auction? If you’re not aware, the police seize thousands of cars and other vehicles every month and often auction them off to the general public at extremely reduced prices.
Government auctions are a well kept secret that dealerships would rather you not know about. They purchase these vehicles themselves for very low prices and sell them to the rest of the public for good profit. The more consumers become educated about police auctions, the more competition they face at the auction plus car dealerships sales they could potential lose that business.
Yet almost all North Americans still continue to use car dealerships to purchase their vehicles every day. Why? Most people unfortunately aren’t educated on police auctions. The government doesn’t spend any money advertising so auction attendance is solely based on word of month. Following is a list of pros and cons when buying at these auctions:
Advantages:
- They’re offered at much lower prices than anywhere else
- Police auctions are held everywhere in US and Canada.
- Detailed listings of vehicles at government and police auctions are now available on the Internet
- There is a large selection of vehicles that can be found at police auctions including: cars, jeeps, trucks, minivans, ATV’s and more!
- No middle tier channel (middleman) to go through or pay
- No pushy salesperson looking for a commission
- Seller is motivated and doesn’t want to handle inventory, everything has to be sold!
- Possible advantages to income taxes (establish a business name)
- Usually pay less car taxes
- Start your own business (i.e. Sell cars on the Internet)
Disadvantages:
- You’ll probably have to pay it all in cash (which for some is a blessing)
- No warranty (although used car dealerships warranties are for short time periods)
If it’s not a problem paying cash, or you can get credit elsewhere, then the advantages outweigh the disadvantages. Just remember to bring a mechanic or car expert who understands vehicles with you to the auction. They will inspect the vehicles that you’re interested in to make sure you get a great deal.
The author is currently researching Night Vision Scopes and other spy gear, as well as the field of Family Genealogy Searches for upcoming articles.
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