8/18/2009

Police Auctions

You might have heard about people getting great deals by attending their local car auction. But did you know that even better deal can be found at a police auction in your city? Vehicles at these auctions have usually been seized through traffic violations and unpaid parking tickets. So, most of these cars are in good running condition because they are only there because the owner didn't have enough money to pay for the violations, tickets or towing and storage fees. Therefore you come out getting a great deal. Follow these tips to ensure success at your next auction.

Click here for an excellent guide to getting the most out of the auction

1. Arrive early: getting there as soon as the auction site opens is always a good idea. This will give you time to look around without the distraction of a large crowd.

2. See what's popular: While you are looking around see which cars are getting the most attention. This will be an indication of high interest in that vehicle which in turn could result in higher bids.

2. Bring a mechanic: This should be the number one most important thing to remember when it comes to attending police auto auctions. Most of the time these cars come with no warranty or guarantee. So you are stuck footing the bill when it comes to repair. So, always bring a mechanic with you to check things like the motor, transmission and electric system which are all costly to repair if something goes wrong.

3. Register: You must always register before you can bid. So, remember to register before the actually auction starts or you'll be kicking yourself in the butt when your dream car comes up and you are unable to buy it.

4. Bring your ID: You will need this to complete the required paperwork if you are the winning bidder.

5. Don't over bid: It is very easy to get into a bidding war and end up paying more than what the automobile is even worth. So if you see yourself getting into a bidding war, walk away.

In conclusion, getting a good deal at a police auction is easy as long as you know what your doing. So just remember to arrive early, bring a mechanic, register, bring your id and walk away before getting into a bidding war.

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