Heard the promises of $100 retired military Jeeps and $500 luxury cars confiscated in drug raids? You've likely seen the newspaper ads, flyers and infomercials that were so popular in recent years as part of get-rich-quick schemes, promising to show us how to buy luxury automobiles at a small fraction of their real worth through government auctions.
Do your research. Check Kelly Blue Book for the proper price for the vehicle, including its mileage and apparent condition. Always downgrade the condition by one ranking for government auctions. Also, do some smart used-car research, such as checking Consumer Reports for reliability and the frequencies of particular repairs, and checking our road test information if it's a recent model vehicle.
Going up for live auction at the end of April is this Pro-Line Sportsman vessel, model 230. This 23 foot boat comes with 2 gas powered Yamaha twin motors that are 200 horsepower each. The engines are 3 blade and have stainless steel propellers. The beam of the boat measures 8' 6"and the draft is 2'6". Unfortunately it does not include the trailer that is in the picture. Hull ID: PLCSFO55C393. Want to find out more about this upcoming seized boat auction taking place in Fort Lauderdale? Then be sure to click here in order to register now because great deals like this don't last!
PUBLIC AUCTION WEDNESDAY, MARCH 20, 2019 @ 10 AMJIM'S GARAGE1770 N. 9th Street Road Lafayette, IN 47904ABANDONED AUTOSSold at Auction1999 BMW - 2004 Chevrolet Impala - 2005 Chevrolet Impala - 2005 Dodge Neon - 2005 GMC Sierra Pick-Up - 2005 Kia Sedona - 2005 Nissan Murano - 2006 Chevrolet Cobalt - 2006 Chevrolet Impala - 2006 Chrysler Pacifica - 2006 Pontiac Vibe - 2007 Chevrolet Aveo [ View Full Listing ]
The auction marketplace serves both buyers and sellers, offering equally valuable, yet fundamentally different benefits to both audiences. To sellers, the auction marketplaces offers a fast, efficient way to convert physical property into immediate cash. For buyers, auctions offer the ability to get a variety of high-quality, sometimes rare goods for pennies on the dollar. Both groups benefit from expert appraisals, widespread marketing of new auctions, and the satisfaction of engaging in an environmentally-friendly way to reduce and reuse.
Remember, you aren’t allowed to drive these vehicles, but you are granted access to them prior to the auction, and getting up close can reveal all kinds of hidden maladies. Look for things like paint overspray, uneven sheet metal, compromised suspension components, undercarriage rust, and anything else that looks out of place. Interior aroma is another major thing to watch out for, so be wary of things like gasoline aromas and mildew, because even though they may dissipate eventually, there’s a strong chance they represent a much larger issue.
Always take a photo of the vehicle identification number (VIN) toward the base of the windshield on cars you want to bid on at auctions. After that, walk around and check places like door jams, under the hood, and inside trunk lids, where stickers with this number may also appear. If the numbers don’t match up, or are missing entirely it’s best to move on, because there’s probably a really bad reason why it’s like that.
Payment methods. A government auction accepts many modes of payment from credit cards or bank checks to cash. It is recommended to ask the auctioneer about the modes of payment involved before the auction starts. Besides the bidding price of the car, an additional buyer's premium fee is added onto the total. This fee is normally 5 percent of the winning bid
Laura Agadoni has been writing professionally since 1983. Her feature stories on area businesses, human interest and health and fitness appear in her local newspaper. She has also written and edited for a grassroots outreach effort and has been published in "Clean Eating" magazine and in "Dimensions" magazine, a CUNA Mutual publication. Agadoni has a Bachelor of Arts in communications from California State University-Fullerton.
The majority of the vehicles found at local auctions will need some work done to them in order to be deemed “road-worthy.” Knowing this before you ever set foot on the grounds is a major part of deciding if this is the right way for you to source an automobile. A low bid on a crappy car has the potential to leave you stranded on the side of the road, so if you aren’t a savvy DIY wrencher, you’d better have one hell of a trustworthy mechanic.