Memphis, TN Government Auctions: Cars at Police Auctions
Save at police auctions: buy from Memphis
Police auctions generally prove to be very profitable as the vehicles used by them are generally in a good state because of regular maintenance and they are loaded with accessories. In addition, if you are looking out for a cost-effective deal fore a second hand car then Memphis is the place to be. Nevertheless, there are certain principles to be followed for buying cheap cars.
How is buying from police auction profitable?
This is a commonly asked question by people buying cars not only in Memphis but in other states too. The answer to it is very simple. Law enforcement bodies change their vehicles at frequent period and buy the latest vehicle in the market. Thus, their old vehicle, which is actually not so old, goes in the market for sale. This used vehicle is generally in a good stat and does not need much maintenance. Moreover, the accessories loaded in the vehicle always are complementary with the package. The state police are only interested in taking out the basic cost of the vehicle and they do not want to keep it in their garage for long and depreciate the value of the car.
What more do you get from police auctions?
Police auctions not only cater for the vehicles used by their own agency but also offer a deal on cars that have been confiscated on the pretext of criminal activity and non-repayment of loan. The cars generally impounded for criminal activity are the latest and the most expensive like the sports cars, SUV’s etc. these cars are every body’s dream machine and to possess them would be a honour.Hence police auctions prove beneficial for offering a cheap deal on expensive cars.
How to go about buying your dream machine?
There are certain procedures to be followed while buying cars from used car auctions. Firstly, go through the classified ads in the Memphis local newspaper or internet, which shows all the auctions taking place in and around Memphis. Zero down on the car of your choice. Take a mechanic along to find out the condition of the car. Check for warranty and mileage. Register yourself as a bidder. Decided on an amount to be spent on the car and then go for the bid.
Shrewed bidding; smart buying: bidding in auctions is an art and you champion it with practice.
1. The smart move to make if you are an amateur bidder is to collaborate with a car dealer who will put you forward as his representative and get the best deal for you. However, the drawback here is that the car when bought gets registered in the name of the dealer and then it is transferred in your name. But then I guess we can wait a little to possess our dream machine.
2. The other intelligent move would be to attend few auctions before you decide upon a government auction displaying car of your choice. You get a hang of how to go about in these auctions.
If these things are taken care of then you are surly going to end up in a profitable deal.