Police car auctions provide an amazing opportunity for people to buy costly cars at extremely cheap prices. Because of the increasingly strict anti-mob laws being enforced in the country nowadays, police departments almost everywhere keep carrying out raids that lead to seizure of lots of real estate properties, boats, cars and other valuables. Out of these, the police auctions off seized cars and boats etcetera at almost dirt cheap prices. This is because the police department does not want to make any kind of profits from these sales, but rather avoid the losses that they might incur as a result of the inventory keeping cost of these seized goods. Therefore, if you want to buy a good car but are being held back because of budget problems then you might just find your solution at a police car auction.
Police car auctions are generally full of a variety of great vehicles, especially when it comes to brand names. On the other hand, many of these auctions also feature collectibles and classics that have been seized from a previous collector. So apart from finding normal everyday brands like Toyota, Mitsubishi, Honda, Ford, GM, Nissan and Chrysler etcetera, you might get the chance to buy luxury brands and sports cars like Ferraris, Jaguars, Lamborghinis, BMWs and Mercedes’ at auctions held by the police. If you are into European cars, then you might find your favorite brands at these auctions too. And the best part about buying at such car auctions is that the bid price generally starts at just about 10%-20% of the car’s original value, so you can buy a car here for almost dirt cheap prices.
In order to buy at a police car auction, you will first have to locate such an auction near where you live. There are a number of good websites on the internet that give information about when and where police car auctions are being held. You can also check about the dates and the venue of such auctions from your local or state police departments. In order to participate in the auction, you will have to register with the auctioneering authority.
Now that you know that great cars are sold dirt cheap at police auctions, you can be sure that other people are also aware of the same thing and you might end up finding a lot of competition for your favorite cars at these auctions. The people you need to look out for here are professional used car dealers, who might outbid you because of their sheer experience at this kind of thing. Other dangers that you need to avoid when buying at police car auctions are overbidding for a particular car or landing up with a car that turns out to be a lemon.
In order to avoid getting stuck with a bad deal, it is important that you go and check out all the cars available at the auction during the preview. This is the time when you are allowed to check the cars up close and personal, but alas, even this does not include a test drive. So it is best that you take along either a mechanic or someone who is very auto savvy along with you to the preview so that you can get a good idea about the condition of the car and its real value.