With the economy at an all-time low consumers are watching their purse strings more than ever and a brand new vehicle is a luxury that most of us simply cannot afford.
It's generally not a good idea to purchase a new car since vehicles depreciate in value the moment they are driven off a lot.
Seized car auctions are an excellent way of obtaining a quality and reliable automobile at a fraction of the cost of a new or even a used auto.
Seized Car Auctions Includes Luxury Cars At Pennies For The Dollar Seized car auctions are being held every week at different venues across the country.
The cars at auction have been repossessed by the government and are being sold at rock bottom prices.
All sorts of makes and models are included such as sport utility vehicles, trucks, sports cars, exotic cars and even the rare economy vehicle.
The auction center usually provides the buyer with a 90 day guarantee but an extended warranty can usually be obtained at an additional cost.
Buy A Luxury Car At A Seized Car Auction You could probably purchase a luxury car at a government car auction at the same price for a new mid priced car.
If you've always wanted a specific make or model, now is your chance to get the auto you have always wanted at a reasonable price.
Many of these cars are in excellent condition.
However, the majority of vehicles for auction aren't luxury cars but regular every day cars.
However, if you're patient it is possible to find that diamond in the rough.
Why Doesn't Everyone Buy Cars At Government Auctions If It's So Cheap? This information is generally well protected and not open to the public.
A large number of used auto dealerships attend these events and bid on prices on the cheap.
They then take these cars back to the shop, spruce them up a bit on the inside and outside and sell them at an exorbitant price.
Why pay them a handsome profit when you can buy directly from the source?