Seized car auctions are held by government agencies, financial organizations and banks and also by some private companies that lend money for buying new cars. However, the best deals would be with the government auctions where all the cars will hold clear titles and you can be sure that all deals will be very transparent. Some of the government agencies that hold used car auctions and even property auctions regularly are The Treasury Department of the United States, The Marshal Service of the United States, The Defense Department, Business Administration Department, Customs Service, The IRS and the Bankruptcy Court of the United States.
The aim of these departments for holding auctions
These departments of the United States Government seize properties from those who have defaulted in payment of taxes, loans or have been involved as mobsters and criminals in unlawful activities. These properties and vehicles are sold at auctions after being confiscated at some of the lowest prices and those who do get to buy such properties truly get some fantastic bargains and save thousand of dollars. Most of these departments prefer to dispose of the cars and properties as quickly as possible instead of keeping them and incurring more expenses for the government in the maintenance and storage of the stuff. So these properties are put up for sale at many of the local auctions, repo auctions, government auctions and live auctions. These auctions are open to the general public and it is easier to sell the vehicles fast as most people are looking out for well maintained vehicles which are being sold fairly cheap. Seized car auctions have some of the best cheap cars which are sourced from many other auctions like the gov auctions, the police auctions and several other government vehicle auctions.
Safe deals to buy government auction vehicles
Buying vehicles from government auctions is playing it safe as these vehicles will have clear titles and you do not have to worry that the parts or the odometer have been tampered with. Many private organizations and even car dealers are unscrupulous enough to do such things, but the government auctions are safe to buy from.
When you decide to buy a vehicle from a government organization you can get all the information and details about the vehicle like the original color, the identification number, the true mileage of the vehicle, details of accessories and any installations. For a small fee you can even get the VIN history of the car. In case the auctioneers are not able to get this for you, you can always get the information from organizations which deal in this kind of information which is made available with the identification number of the vehicle.
Set an upper limit for your bid
It is always recommended to set yourself a maximum limit for bidding other wise you can go overboard with it. If you know the value of the car that you are bidding for in the market, you can evaluate the amount that you can safely pay for it and bid accordingly.