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Wednesday, November 11, 2009

Car Impound Auctions: Great Car Deals At Car Impound Auctions

By Garry Knight

The present generation of car lovers would surely love the idea of buying cars with up to 50% discounts from car impound auctions, (police auctions). You can easily purchase the car of your choice like this at impound auctions as so many have to be sold on the spot. You would be amazed to find the variety of cars on offer. These cars vary from the real old to nearly new cars in a reasonably good condition.

If you are interested in buying a car here then you can try to find out about the schedule of the next auction from the local police department. You can also find the schedules on the police departments internet site and in newspaper adverts. You can also have a look at the bidding vehicles if you can come a bit early to the auction venue.The storage lot used by the police is the venue for most of the car impound auctions and you can also inspect some of the cars before they go for the auction.

Cash is usually king at car impound auctions, as the final deal is usually made through cash, or certified check. Your driver's license, including your insurance proof are important, as when you win a bid you have to have a temporary permit for taking the car. Before going in for the bidding session you have to register yourself with a small fee, and while bidding, you have to show your bidder's number to the auctioneer as only a registered bidder can take part in the bidding. You need to ensure that the car you bid for is at least in functional condition, and make sure that there was some amount of maintenance done in case the cars were non-functional for the last 12 months.

In terms of driving away with any of the cars from these car impound auctions, it is important that you should eliminate the 'used-car price guide', which is something similar to the Kelley Blue Book (used and new trade price bible) price. From Carfax.com, you can locate the vehicle's history provided you have a PDA with an internet connection. Finding such information is quite easy as you can use the vehicle identification number or the VIN, and with this information you can decide if it is proper to bid for a car. Before the process of bidding begins, make sure you know all the rules.

There are some specific terms involved in car impound auctions like 'absolute auction', which indicates the car will be sold to the highest bidder. However, one important aspect to keep in mind is that while bidding for these impound cars, you might not get any guaranty or warranty. But that's not to say you can't find a real gem, or something that only needs a little T.L.C. - 21392

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