| There has been a lot of talk lately about those used | | | | actual auction. You will also have history and VIN |
| car auctions that one can purchase a car at a | | | | reports to refer to, so you can make an informed bid. |
| "reduced" price because of vehicles being impounded | | | | This is very important and can't be stressed enough. |
| by law enforcement agencies or banks from seizures | | | | Sit in the cars, start them up etc. Take help of a good |
| or repos and the like. Most auto auctions are closed | | | | auto mechanic in case you yourself are not skilled in |
| auctions. The government has seizure and surplus | | | | checking cars. There will be a wide variety of choices, |
| laws that make this possible. These auctions are | | | | different models and of different years of |
| mostly available to the car business (dealers and such), | | | | manufacture, at impounded car auctions. You will even |
| and is a protected source for used car dealers. Other | | | | find rare and luxury cars at great prices. These cars |
| auctions are open to government agencies like the FBI, | | | | are usually in good shape, sometimes almost new. |
| DEA or the police. More and more savvy Americans | | | | 3. Don't rush things and don't get caught up in bidding |
| have begun to find auctions that are open to the public. | | | | fever! Bring your Kelley Blue Book along with you. It's |
| I have been warned however that there are certain | | | | important to know car prices. All too often people get |
| things that you must be aware of when you attend. I | | | | caught up in the excitement of bidding just for the |
| wanted to write briefly about some information that | | | | sake of bidding and pay too much. Learn by observing |
| was made available to me through my research. | | | | and reading appropriate guides. When you are ready |
| 1. Educate, educate, educate. Information here is key. | | | | and comfortable, you have more chances to win at |
| Do not expect too much. Going to an impounded car | | | | the auction. To buy impounded cars is nothing |
| auction does not guarantee that you will get the best | | | | challenging, but you need to ensure great condition at |
| vehicle available at the cheapest price. It is just like any | | | | the lowest price around. |
| other auction in that respect. If the car is a good buy, | | | | There are online directories available to learn all about |
| there will be more bids made on it, and the prices will | | | | this process. They will give you as much information as |
| rise. It is important to note that you may have to attend | | | | you need about the impounded car auctions coming up |
| a few auctions to get the hang of what is going on. | | | | in your area, the schedules, the rules of the auctions |
| You can then learn to make what bids and when. | | | | and, at times, partial listings. These directories usually |
| 2. Inspect the Vehicles - Get an early start because | | | | charge a low one time fee for membership. They are |
| you have the option of examining them before the | | | | the best way to the get the information you need. |