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.
Liquidation of All Assets to Former Construction Contractor (Day 2) Catalog Lot: 206 - TORQUE PRODUCTS H-1650 HAND TORQUE TOOL ANALYZER Lot: 207 - PEEK LMD 9200 9211 MATS TRAFFIC CONTROLLER Lot: 336 - SYSTEMAX 255II3 PERSONAL COMPUTER LAPTOP W/ ACCESSORIES Lot: 313 - TOPCON CTS-3007 CONSTRUCTION TOTAL STATION, COMPLETE W/ ALL ACCESSORIES Lot: 315 - TOPCON TP-L 4SERIES PIPE LASER Lot: [ View Full Listing ]
Don't get discouraged with your first auction. It takes a good sense of what a vehicle is worth, and the ability to think fast-plus some luck and common sense-to get a good deal. Watch the seasoned bidders at work to catch the gist of it. If you're a smart bidder, government auctions can be a good place to find an inexpensive second car or work truck. Just remember: any deal that seems to be too good to be true probably is!
Due to the various governmental units that supply the vehicles for auction, there's no single reason for vehicles being brought to auction. Some of the vehicles are confiscated due to the former owner's involvement in drug dealing, smuggling, or fraud, while other vehicles were simply just abandoned. On exception, separate auctions will sometimes be held for very large seizures.