Of course you want to drive a Mercedes or a BMW. Of course you want to cruise around town in an Aston Martini or Ferrari or Lamborghini. You want to own any of these sleek and stylish luxury cars.
Before you hurt yourself wondering how in the world you could possibly save enough money to buy that dream car, thereâs something you should know: you can own the car of your choice for a very low price, and you can do it the legal way.
How? By attending seized vehicles auctions.
A government car auction is usually auctioning off government-seized cars, or decommissioned cars that the agency no longer uses.
Government car auction events are usually held regularly at different locations. The fastest and the best way to learn when and where a government car auction will take place are to check the local newspapers. Another way of locating a government car auction is to find an online auction service to locate it for you. There might be some fees involved but it will save you a lot of time.
When it comes to car auctions, the best deals can be found at those ran by the government. This list of FAQs will answer any questions you may have about attending your first government car auction.
1. Where does the government get these cars from?
Most of these cars are seized from people that have not paid their taxes or come from the DEA or FBI which have seized the vehicles from those involved in illegal activities.
2. What should I bring with me?
I am trying to find out where to buy vehicles such as motorcycles that were repossessed by banks or government. How do you usually find out about this stuff? Thanks!
If you’ve never heard of or attended government repo auctions then you don’t know what you are missing. There are deals to be had on repossessed and seized cars and real estate at one of these free public auctions that can’t be beat anywhere. If you 18 years of age or older and have a valid drivers license or ID you can participate in one of these money saving events.
There are two types of items you will find at a government repo auction; repossessed and seized properties obtained through criminal investigations and prosecutions, and defaults on loans or owed back taxes. The government uses these auctions to save money on storage costs for the large amounts of properties they seize each and every month. They also are able to recoup much of the administrative costs associated with processing these goods saving the tax payers hard earned money.
Does anyone know of a free website to locate the government seized vehicles and other property
