Every month several cars add to the inventory of government as well as banks. These are the vehicles that are seized by government agencies such as the United States Marshals Service (USMS), Internal Revenue Service (IRS), Small Business Administration, US Department of The Treasury, United States Customs Service, United States Bankruptcy Court, Department of Energy (DOE), United States Department of Defense, US Department of Agriculture (USDA), etc. Some are repossessed by banks from people who default on the installments. There are other cars that are seized during law enforcement measures involving laws for anti-mobs. These cars end up in the US car auctions. These might not necessarily be heavily used vehicles. There are nearly-new, scarcely used, luxury cars and very expensive cars ending up in the US car auction.
Reason for these to be in the auction is that these cars are an excess in the government’s inventory. However, the government has to pay for the parking and maintenance of these cars.
So they are eager to sell off the cars to save on the expenses. Financial institutes and banks would like to dispose off the seized or recovered cars to liquidate funds as early as possible. Here comes the opportunity for a buyer to get a car of his dreams for the cheapest price. Check our site for your dream car, and bid your price. Who knows your bid may fetch you your dream car!
Apart from this, US government vehicles need to be replaced after a definite life span. Government agencies take credit for good maintenance and upkeep of their vehicles, however, it should be remembered that it is but their responsibility to abide by the legislations for safety. Majority of the vehicles do present a history of service with signed logbooks. It is noteworthy that majority of cars still fall under the manufacturer’s warranty period and also many vehicles just 2 to 3 years old and also many of the cars traveled over 25k to 40k miles.
Government Vehicles come from a wide variety of places, but the general rule is that if a vehicle was purchased under a federal or state government contract, then it is eligible to be sold at government car auction and not other online auto auctions. There might be various departments that might use government vehicles. For example, Local Councils organizations, State Government, Federal Government, Police Services or departments including the Sheriff’s or Marshall’s Department, Religious Groups, emergency and Fire Services, and other Non-profit Organizations, Universities and other Education Organizations, Ambulance and Hospitals Services. So vehicles from all these departments also come into the auction market after a certain period.
The eagerness of these sellers in selling off the cars at various online auto auctions acts as a boon to all car buyers in US car auctions.