One of the best places to buy a used car is during the police car auctions. Police car auctions are done throughout the United States. Police departments in big cities seize many vehicles, and therefore police car auctions are done on a regular basis to avoid huge pile ups. In smaller cities the auctions are not done regularly due to smaller numbers of seized vehicles.
Before these police car auctions take place they are normally published online with a site that collaborates with the police department of that particular locality or advertised in the local newspapers. This is done to notify the public about the venue, the date, and the time when the auction will take place alongside the make of the cars that will be auctioned. There is also provision that allows the interested people to inspect the cars on a predetermined date which should be before the real auctioning date, so that they can make a well informed decision on how much to spend and what car to buy. All police car auctions sell cars without guarantee or warranty, therefore sold “As-Is”.
The original financing company usually has claim on the car even though it’s been seized by the police department, therefore its wise to make arrangements with the finance company to finalize whatever needs to be done or cleared well in advance before you go to the auction.
It’s a good idea to look around and establish the market value of the type of car you intend to bid for. This helps you to not end up paying a fortune for a car that is far much cheaper in other places. You might bring your mechanic along to help you inspect the car you intend to buy, and also assess its value as it is at the auction.
All auctioneers don’t usually accept checks; therefore you have to organize enough money well in advance before the day. Do some good research on the type of car you intend to buy. Get to know all the specifications as they usually end up determining how much you have to pay for the car. Don’t rely on the auctioneers promise about the car while buying it; rely on your own judgment because once you leave the auction site the seller is no longer responsible or does not guarantee what happens to the car you have bought.
Hasty decisions should be avoided as they could make you buy a car at a higher price than what you could have spent on a new car. Therefore before you make your final decision at the auction, think, analyze and take your time before you commit yourself. Following the discussed tips can make you get a good deal in police car auctions.
The police car auctions are becoming quite popular across the U.S. as most people get very good value for their money, and there are those who also get very good cars at these auctions and then sell the same car at a profit.
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