Why Seized Cars are a Better Buy then Used Dealership Cars
Mar 18, 2009 More Saving
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Are you aware that you will be allowed to attend many of the government and police auctions in your area? The police seize thousands of cars and other vehicles every month all across the country due to several different reasons. These vehicles are offered for much lower prices than you would generally pay by going through a car dealership.
In fact these auctions are a secret that car dealerships don’t want you to know about. An educated consumer could pose as a potential threat to at least a portion of their business.
Yet over 90% of the population still goes to car dealerships to purchase their vehicles. People are simply not aware of the great deals that police auctions have to offer. The government isn’t about to spend any budget publicizing the auctions either. Below is a list of pros of advantages versus disadvantages in buying vehicles at these auctions:
Advantages:
- Business Methodology allows much lower prices.
- No matter where you live, there are typically many auctions held around your area
- Detailed previews on the Internet of the cars and vehicles that will be offered at upcoming auctions
- There is a large selection of vehicles that can be found at police auctions including: cars, jeeps, trucks, minivans, ATV’s and more!
- No middleman for you to have to deal with or pay
- No pushy salesperson looking for a commission
- Motivated seller who is not equipped to handle inventory, everything must go
- Possible advantages to income taxes (establish a business name)
- Usually pay less car taxes
- Once you understand process you can do as a side business (i.e sale cars in Autotrader.com or eBay)
Disadvantages:
- Most sales are made in cash so credit is typically not offered
- No extended warranty beyond what the manufacturer offers. Most used dealerships give only 30 days
If you don’t mind paying cash for a near new vehicle, then the advantages obviously outweigh the advantages. Don’t forget to have someone with you who understands vehicles to inspect the ones you’re interested in.
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