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Showing posts with label government seized car auctions. Show all posts
Showing posts with label government seized car auctions. Show all posts

Tuesday, 6 May 2008

Seized Car Auctions for Cheap Vehicles

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.

Why Seized Car Auctions Are Cheap?

Second hand car purchase can be a burden for people, who know only little about cars and the car engines. When it comes to buying a second hand car, seized car auctions are the one of the first places you should visit. These auctions, does not only provide cars for cheap prices; they provide quality cars for high discounts. Don't get surprised if discounts were up to %90 lower than it normal retail value.

However, before heading to one of these auctions, there some facts you need to keep in mind. Many of the cars that are sold at this auctions from inventory of the government and the banks. So, you can expect any type of vehicles that are on auction.

The cars that are auctioned at seized car auctions are much cheaper. This is because the cost of maintenance and storage for these vehicles can soar quickly. Therefore government agencies want to sell these cars as rapidly as possible. So to be able to keep the costs down, government agencies and banks are ready to auction these vehicles off at seized car auctions for as much as 90% off the original retail price of the cars.

At the seized car auctions, don't get surprised to see models like Mercedes, BMW, Saab, Honda, etc, as these cars might have been seized from anyone, who can be a drug dealer, business man, or a person whose vehicle is seized because of tax fraud.

Seized car auctions are the place, where you can by luxury model cars for very cheap prices.

So if you are willing to attend these auctions, or want find out more you can visit Seized Cars On Auction.

SeizedCarsOnAuction.com provides information on location of the Seized Car Auctions.