Government car auctions are one of the best places to find any kind of vehicle without worrying about financing or overspending on a car. You will find that there are many different kinds of cars available, including SUV’s, sports cars, utility vehicles and trucks. The amount that you pay is totally in your control, allowing you to have what you want at a price that fits your budget.
What Should I Know?
First, not all cars that you find at government car auctions are going to be in perfect condition. In fact, there are some cars that are in major need of repair, but in most cases you will be able to spot these cars quickly and easily. If you are in doubt of a car’s engine, transmission, or think the car has had tons of bodywork done, then move on. Since you can’t actually test drive the car, it is better to be safe than to buy a car that you aren’t going to be happy with later.
Second, always look for the green signal when buying from government car auctions. In many auctions, someone will give a red, yellow or green signal as the car is being bid on. These signs have to do with the car’s title. If the sign is red, then you don’t want the hassle of dealing with a car that doesn’t have a title, but if the sign is green then you are assured the title is ready and waiting. Not all auctions have these signals, but there should be some indication of the title status. If not, then don’t be afraid to ask about it.
What Should I Pay?
When attending government car auctions, the price that you will want to pay will depend on the condition of the car, the car’s mileage, and the make and model of the car. Newer cars traditionally sell for more, largely because these cars are more in demand than older models. It is perfectly OK to buy a car that is three to five years old if that is what is in your budget. With older cars, such as those that are seven to ten years old make sure you check the car thoroughly for problems before bidding.
In the end, however, the amount that you are willing to pay is totally your choice. There are some antique cars that are worth far more than their blue book value, and will sell according to what people are willing to pay rather than retail value. Other cars, especially common models, will go for far less than the amount that is listed in the blue book.
If you are on a budget, then it will be much simpler to choose a car at government car auctions. You may find that you can get a new car for just a few hundred dollars if there are no other bidders, although a price tag of several thousand is more common for newer model cars.
