Although rare (and unknown by several people), they are considered the best source of great deals. Our focus here is on cars, and government auctions for cars are by far the best when it comes to buying the car of your dreams for a mediocre price.
Government auctions are held on a regular basis, some are held annually, monthly or even weekly, But that all depends on the number of inhabitants in the area. If you take New York City as an example, government auctions take place every week by the local authorities who sell all kinds of items, from cars to real estate without forgetting furniture and even kitchen supplies. The local authorities try to make as much money as possible from such auctions, but that does not mean they start their auctions with high prices, they actually encourage buyers by offering very low prices. That is why government auctions are famous among those who are always on the look for a good deal.
Cars sold in such events include various types such vans, minivans, convertibles and even RV’s. you only have to be older than 18 years old and hold a drivers license to be eligible to purchase a car from a government auction.
The catch here is how to find where and when government auctions are held. You can start by looking up your local newspaper every day until you stumble upon what you need. Alternatively, you can pay someone to do that for you, of course, if you pay, you will receive some extra services; there are several websites that offer services where they sell listings of government auctions so you will not have to waste your valuable time looking through the newspapers, the internet. The searching process takes at least a week up to 1 month, if you pay such websites as this one, you will most certainly spend that time comparing auctions that are worth going to with the ones that will waste your time.
Such websites offer more than just listings; they offer free courses where you will be able to learn the skills of an expert auctioneer in less time than you think. Those free courses include tips on which cars deserve bidding on and when to do that. Another very important tip is how to spot the good, the bad and the ugly when it comes to government auctions.
A disadvantage of government is that you have to have cash and be willing to pay on the site, or finance the purchased car in a short period of time, so my advice to you would be to have enough money before bidding on any car.
With the right knowledge, you will certainly benefit from buying a car from a government auction, but the right knowledge is hard to find, you might as well save time and money by paying for this quality service.