Did you ever think that you can buy a top model car for really cheap price at seized car auctions? Did you ever think the deals you will get will be %90 cheaper than the normal price? Seized car auction is one of the places where you can get your hands on pre-owned cars as much as 90% lower than their current market value. But before you get exited you should first know how it is possible?
Why Seized Cars Are Auctioned?
Seized cars are previously owned vehicles that have been seized by government agencies for a particular legal or foreclosure law against the owner. The owner of the car can be anyone from business man to a sports car enthusiastic. So you can come across all type of vehicles such as family sedan or luxury saloon or sport car. And all these seized cars being sold at the cheapest price.
Why are they sold cheap?
When the vehicles are seized, they need to be cashed as quickly as possible. Because, these vehicles cost the government for their maintenance and storage. Also, overtime these vehicles lose their value from depreciation. Therefore, they need to be sold quickly at the auctions. Most of the time these vehicles go much less then their normal retail value.
Where and where are these Auctions?
Seized car auctions held all over the country in daily basis. There are a lot of websites provides information on when and where these auctions are held. However, they require a small one time subscription fee.
SeizedCarsOnAuction.com provides information on location of the Seized Car Auctions.
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