The best used cars are available at repo auctions and among these you get great repossessed cars at Augusta. Repossessed cars are vehicles which have been confiscated from their owners for various reasons. The most common being non repayment of loans which they have availed of from banks and other financial institutions who lend money to buy cars and other consumables. There are also cases where the owners have not paid their tax or have been involved in criminal activities like drug peddling and have been caught by the law. Cars owned by these people are usually in the upper market type and are luxury cars, where as the cars which are confiscated for non repayment of loans, are almost brand new as the loan is yet to be repaid. So trying for a repo car at the government auctions or any of the used car auctions would give you the best cars which are available in the auction scenario.
Try and beat car dealers to the bid
Car dealers are always looking out for repo vehicles as they are the best and in great condition, being sold at less than 50% of the market value. Car dealers buy these vehicles from the auctioneers and then sell them for a large profit to those who are looking for used cars. If you can get one of these cars you would be lucky as the dealers are in constant touch with the auctioneers and are always alert for the best cars. Cars which have been confiscated from drug peddlers and others who are involved in criminal activities are luxury vehicles which would be anybody’s dream vehicle to own.
Reasons these cars are sold cheap
As the storage and maintenance of these repo vehicles costs the government a lot of money, they place them at various vehicle auctions and local auctions so that they can be sold quickly. It is for this reason that the price is also kept low so that people will pick these vehicles up faster. All live auctions are open to the general public and not just to car dealers and agents and this helps in disposing of the cars faster. Keep a watchful eye for cheap cars in great shape at the various gov auctions and you can get yourself a real good deal.
Do an online search for repo auctions
Finding repo car auctions is fairly easy if you do an online search for auctions which are happening in your own locality. This will bring up several auctions and also give you details of the date and venue. Make a not of this in your diary and make sure that you get to see their comprehensive car lists and participate in the auctions. You would have to register with the auctioneers and this can also be done online which is very simple. Now you are ready to see the cars which they have under the repo category and all other cars too and can decide which cars you would like to bid for.