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Thursday, May 7, 2009

Buying Used Cars & Trucks at Government Auctions

By Mark Allen

Can you really buy cheap used cars and trucks at Government Auctions? The short answer is: Yes. In fact, it is not that unusual to find decent used vehicles for just a few hundred dollars. In fact, thousands are sold every day.

Before trying to purchase a cheap used car or truck at a government auction, there are some things you want to be aware of. In this article we'll look at both the negatives and positives of buying at government auctions. I'll give you some long-term strategies that you can use over and over again because it will teach you how to find the very best deals on used vehicles from Government auctions.

In government car auctions, good things come to those who wait. This means waiting for the right kind of car. Also, waiting for the right bidding atmosphere. If you want a car too much, and you're caught up in bidding wars, you will pay more than you should. Finally, you must be patient and do the research on the car you want to purchase. You must be able to eye test each car to determine if it runs well or if it's in bad condition.

The point is this: if your looking for a great deal on a car and you need one right away, you probably aren't going to find it through Government auctions. This doesn't mean you can't get a great deal at Government auctions for your vehicle. I will now give you advice on how to locate and find great deals.

Most Government auctions have many high-quality, lo mileage vehicles. Most importantly, they are always priced way under market value. And, you won't find these in any used car lot. The reason is that these vehicles have were part of government agencies fleets.

Most Government agencies maintain their vehicles in outstanding condition. These vehicles are leased, and when the lease is up, they are auctioned to the public for a fraction of market value. The particular cars and trucks available on any given day vary widely.

In addition to buying a vehicle for personal use, you can find a great deal on a car, purchase it and then resell it yourself for a profit. You can do this over and over. This is another benefit of buying through Government car auctions.

In conclusion, the people who are most profitable by using government car auctions are those who are patient. They patiently wait to find the best deals on good cars, and they often have another strategy besides just the initial purchase. Government auctions are where you can get the greatest deals if you know how to do it. Follow the principles given in this article, and you'll be well on your way. - 21392

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