Local government auctions are a special type of auction, where millions of pre-owned vehicles are sold every year. Now, these US government auctions are open to general public. Prices of vehicles in these government auctions tend to be well below the prices of private dealers. The used vehicles are auctioned off for thousands of dollars less than their retail value for number of reasons.
Most of the vehicles sold at local government auctions are company cars, off-lease returns, rental and replaced fleets, trade-ins and repossessed vehicles. Many companies either large or small own or lease trucks, cars or vans that they use for 2-3 years and then sell off at any state car auctions. Off-lease vehicles are returned back to the money lending institutions at the end of the lease terms. These vehicles are returned within 2 or more years, with valid original factory warranty for sale at local government auctions. All these vehicles come under the government agencies, where the aging inventory becomes costlier and hard to maintain because of the huge maintenance charges. Therefore, they clear off the inventory through US government auctions.
All these vehicles are executive luxury models and religiously taken care of. State car auctions sell repossessed off rental cars with adequate maintenance, restricted mileage and with minimum wear and tear. Large volume of luxury and economic vehicles are found at local government auctions.
US government car auctions are in operation to auction off the huge inventory of pre-owned vehicles quickly and hassle-free. The price range is lower to sell the vehicles quickly and recover the small profit. This makes the business good, both for the car auctions’ authorities and buyers.
Customer satisfaction is guaranteed for trading at local government auctions with good conditioned vehicles and significant low price. It is a good idea to buy a used car from one of the state car auctions because of number of advantages it offers. Considerable low price for good quality car is the first most reason, along with other important advantage of clean titled vehicles.