The main reason for people buying at Honolulu Government Car Auctions is to get cheap cars from seizure auctions. Though these cars are termed as cheap cars they are in fact great cars in very good condition and those who manage to bid for them and win the bid are really lucky. The only problem is that there are too many bidders because of the popularity of these government auctions and it is not always possible to win the bid for a particular vehicle you have set your heart on. Some are even willing to pay a high price for a car they have set their heart on and you could also end up wanting to pay such a premium rate for your favorite car. It is best to exercise some self control as these vehicle auctions happen at regular intervals in all the cities in the country and you are bound to come across another car which you would want badly.
Keep some guidelines for yourself while bidding
When you decide on getting yourself a vehicle from a used car auction the main reason is the affordable price so that you can get yourself a bigger and better vehicle for a price where you might have got a small car if it was a new one. The whole purpose of buying a car from a vehicle auction is defeated if you end up paying a premium rate for it, instead fix an upper limit for the amount you are willing to spend and do not go beyond this. Restrict your temptations by creating a boundary which you should not cross no matter how tempted you are. You probably have an idea of the model and type of car you want to buy, so based on the market value of these cars you can set the price limit too.
Get a professional to inspect and advise you on the condition of the car before you start bidding for it. Remember that even the most minor repairs will cost you money and this should be included in the amount you are willing to spend for the vehicle. There are used car price guides which you should bring along with you so that you have an idea of what to pay for the car.
Get the history of the car
Most police auctions and repo auctions have cars with clear documents but it is always better to find out all there is before you bid for them. You can run the VIN or the vehicle identification number through Carfax and get its complete history. This will show you if the car has been in any major mishap and if there were any repair jobs done on it.
However, there is very little chance of there being a major problem as most repo cars are confiscated because of non repayment of loan amounts and this means that they are still fairly new. The seized vehicles could also belong to persons who have indulged in criminal activities like drug peddling and these vehicles will usually be luxury cars which are being sold off at rock bottom prices. However, this does not mean that the new owner will be incriminated in any way with the former owner’s activities.