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Impoundeded cars for sale, Repossessed cars for sale?



Impoundeded cars for sale, Repossessed cars for sale?
 
Best way to search for impounded cars for sale?
 
How can I find bargains with bank repossessed cars?


Any experiences with auctions of government repo cars or impounded cars for sale?

Thanks.


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1 helpful answer

Looking for impounded cars for sale or repossessed for sale can be risky, but if you are organized there are many bargains on offer .
Impounded cars could also be abandonded cars, repo vehicles and even seized vehicles.

 

I would suggest you get a comprehensive list of vehicles up for auction (I'll give you a link further on), and do your own independent valuation of all the cars which you could be interested in. Set a upper limit bid / value for every vehicle and don't go more than that price.

 

Very Important : The seized cars which you would like to bid on have to have titles (or at the very least  - be able to be titled) or else you can't obtain insurance.

 
If you have not experienced a impounded car auction in the past then I advise you attend a few auctions beforehand in order to have a better comprehension of the process - it's would be worthwhile to build up a bit of confidence seeing that car auctions can be quite daunting the first occasion.

Once you have attended a few auctions you may begin to recognize the regulars - the people in shirt and tie are in all likelihood used car salesmen.

Check which vehicles they offer on
, they're certain to know the market (what price they can retail the car for) and in addition the general condition of the cars - they will most likely be on friendly terms with the auction employees and would get further info - almost certainly more than us general public.

 

Consider that the impounded car dealers wish to bring in a fat profit on the vehicle so they wouldn't like to tender as much as yourself - this significant profit that the car salesmen would add on could be your huge savings ....
(This is the most secure method that I have found out for buying cheap impounded cars for sale - you could also go it solo if you have trustworthy advice and feel certain.)

 

The top way to get info about impending repossessed car auctions are with  Gov impounded car sale auctions , they are authorities and possess one of the biggest, up to date and most trustworthy information archives of Government & Police auctions of used, repo, impounded and seized vehicles, trucks and SUV's.

 

You could also try and check through hundreds of internet sites, magazines and newspapers, plus / or contact various vehicle repo institutes and credit unions. This would take heaps of time and effort , and honestly, you would not come remotely near to the quantity and standard of up to date data which a business that focuses on this could. If you require access to the top bargains on hand then getting the most complete and up to date info is crucial.



Hopefully I helped you a little with your search for repossessed and impounded cars for sale.


All the best, and if you're patient and do the groundwork I'm sure you will be able to achieve an excellent deal!

Posted 2009-08-27T07:12:15Z
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1 helpful answer

Thanks , was looking for good info on how to get good deals on impounded cars for sale.

Posted 2009-08-31T18:48:51Z
 
1 helpful answer

Estella gave you some good info. However, I'll add a couple of things based on my experience with online repo car auctions. They can be a great place to find bargains if you know what you're doing.

1- Look for the kind of car you're looking for and study what's been going on: how much they've been going for on average, how much offer there is, etc. This is much easier to do online than offline.

2- Check each seller's history. Actually get in touch with them and with previous buyers ( if the seller is legit, he won't have a problem putting you in contact with another satisfied customer ). Ask all the questions you feel necessary. Read other people's questions, too.

3- Check the car's VIN yourself ( if it's not older than '81 ) and get a full vehicle history report ( I like Autocheck for this). This is very important and can be done online. Double check all data provided by the seller and verify you have all the info you need to make an informed decision.

4- If the car is not in your state, do be careful and check what the final price will be after delivery. Generally speaking, take into consideration any extra expenses before you determine what your top bid is going to be.

5-Check for auctions with misspellings or mistakes of some sort made by the seller when listing the item ( this does happen more frequently than you'd think ). Bids will be tipically less in these cases, and you can get real bargains this way.

5-You don't need to check hundreds of sites, just go to the most respected ones, like ebay motors. Stay away from Yahoo auctions. I've seen too many scams there. In any case, always be diligent with your inquiries.

Here's a site with updated listings on repossessed cars alone on ebay. Also, here's an article with tips on repossessed cars for sale .

 

 

Posted 2009-09-24T23:22:55Z
 
2 helpful answers

What can you tell me about buying government seized cars?

I've been looking at some and they are really nice cars for under $1500. Is it viable  to buy seized cars? What's the catch? What should I avoid or be cautious of?

Posted 2009-10-07T08:38:02Z
 

Many repo cars and seized vehicles have been neglected and abused. Not changing the oil as required or keeping up with other maintenance? You will be responsible for any repairs from the moment you drive it away.

Posted 2009-10-13T10:32:32Z
 
2 helpful answers

Government seized cars ... reliable, or too good to be true?

I 'm browsing repossessed cars and I've heard about these gov't auctions of seized cars. I've seen brand new $30 000 cars sold for $7g and less. Is this too good to be true are these cars reliable?

Posted 2009-10-23T09:58:51Z
 
2 helpful answers

How to get a list of repossessed auto auctions in Ohio?

Posted 2009-11-01T11:09:57Z

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