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Friday, October 30, 2009

Find A Cheap Car At Government Seized Car Auctions

By Garry Knight

In today's uncertain economic times, governments the world over are putting schemes into overdrive as a way to increase revenues. So they've taking the format of government seized car auctions and worked out if they increased the number of them, then the treasury could rake in more money. So far in the USA this year there has been over 300 car auctions. It also coincides with the fact that people are no longer willing to spend throw vast amounts of money away on new cars, which only depreciate rapidly, especially if they know they can get them for less.

There has also been an increase in government seized car auctions on the internet. In the good old days auctions were restricted to size, times and locations. Now the internet has provided everyone the opportunity of attending an auction, without actually being there, so there is more potential buyers looking in as well.

Government seized car auctions provide numerous benefits for buyers. For one, these cars have been associated with criminals or 'tax thieves', so government clerks don't mind selling them at incredibly low prices. This provides the public with a great opportunity to drive away in a top of the range car.

Bear in mind there will be a lot of dealers at some auctions looking to pick up great cars and who will be prepared to bid high. At some government seized car auctions there will only be high spec cars, so these vehicles might sell for higher prices. But rest assured you can pick up a luxury high powered vehicle for much lower than trade prices.

Now, the public have the choice of many different auctions. It can be seized auto auctions, salvage repair auctions and private auctions. This can work out nicely to your budget and requirements. But one of the plusses of a government seized auto auction is that you can pay by cashier's check, credit card, money order or hard cold cash.

Before attending any type of car auction take a little time out to look into the market value of current cars. If you have a look at any trade industry journals you will soon be aware of how much you could save when viewing lots. Agree a budget and don't go past it. A fantastic car with your name on it could be waiting for you. - 21392

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