Save Money at Local Car Auctions

Car Auctions are a valuable source for finding great deals on good used cars. But before you attend a car auction you must first do your homework and understand the process of a car auction.

What is a car auction?  Where do they get the cars from?

A car auction is a place where cars are bid on and sold to the highest bidder. The cars at auctions come from a lot of different sources bank repos, mechanics, private owners, car dealers, tow yards and many other places.

Most public car auctions are listed in the local penny saver or the newspaper. You can also do a search on Google for car auctions in your city. Find out when the pre-inspection times and dates are. Usually it's the day before the auction or two to three hours before the auction.

When you're at the pre-inspection find the cars that interest you most do a visual inspection of the car and take notes write down the year, make, mileage, VIN #, color and overall condition of the car. You won't be able to drive the car but at least ask if you can start the car. It's important that you find out about the sale terms when you're at the pre-inspection. Some places will require that you put down a deposit before you are able to bid. Also, find out what type of payment they will accept, such as cash, credit cards, or cashier checks.

Now that you have a list of cars you like it's time to do some research and find what the fair market value of the car is. You can use Kelly blue book, Edmunds or NADA. All three services are free to use online. To find the true market value of a car I suggest using all three services to compare prices I personally like using Edmunds when buying cars. It's also a good idea to run a free car report online to get the history of the car.

Your home work is all done! Now its' time to go to the car auction armed with all Your information. First thing is to get registered so you can bid on the car you like. Second thing is to look at the car you are interested in one more time and set the max price you are willing to pay for that car. Remember never get into a bidding war set your max price and never bid past it or else you will over pay.

Understanding Basics of Car Auctions

Car auctions are houses that deal into selling of used cars purely based on bidding. These houses have a huge variety of cars from various sources comprising bank repos, private owners, car dealers, and car mechanics, offering great bargains for savvy car consumers.

Every month, nearly about 1000s of cars become government's property through foreclosure law. These laws are implemented on foreclosed cars, cars that are confiscated by banks or finance institutes in case the car owner fails to pay the installment. Unfortunately, there are many who fail to pay the EMI (Easy Monthly Installments) of the car purchased due to some or the other reason including loss of employment and economic recession. So, these houses gather a variety of used car models in an assortment of colours and variants. This huge number of cars at the auctions compels the government to sell off the car at cheap prices and recover the debt.

Infact, during this era of inflation, it is one of the best ways to get cheap and affordable cars. Car consumers may have to sacrifice on the make, model, and colour options, but in a massive collection of cars, they definitely get the car of their choice. Even a good, well-conditioned and new car, a car that is one or two months old, can be purchased at comparatively cheap prices form the auction.

All the auctions are organized by government agencies, banks, and lending organizations that don't sell off the car because of profit margins but to recover the debt and get rid of property as soon as possible. These organizations feel that auctioning a car is a better option than letting the car fall into a waste and unmovable piece. That's the reason why cheap deals are attractive and impressive at car auctions.

The best part of these auctions is that the cars are sold at a price people want. The entire process undergoes a legal procedure where in the auctioneer states a price and after that the process of bidding starts. An individual, who states the highest bid, gets the car at the price quoted by him.

Car auctions are divided into categories and are mainly classified into three types:

• Police Auctions or Government Auctions: These are the most common types of car auctions that have been around for years. Many of the cars and other automobiles have been seized by the police department or government agency when the vehicle owner is able to pay its monthly installment. The same vehicles are offered to prospective car buyers at sale prices.




• Online Car Auctions: The advent of internet and advanced technology paved way for online car auctions. Today, there are many car auction website on the net where nearly about one car is sold off on the highest bid every one minute. Within the comfort of home or office, car consumers can win a car auction at their desired price.




• Public Car Auctions: These are considered to be good and profitable bargains. The complete information about these auctions is often advertised on television and newspaper so that the common man can have a chance to get a cheap car at his desired price tag.

Seized Cars For Sale – Where To Buy Repossessed Cars Online

These days, it looks like everyone is hunting for the best quality car available at the most affordable price. Usually, when car shopping on a budget, people opt to go to second hand car dealers. However, there is a huge chance that you might not get the best value for your money.

There is another alternative – buying seized cars. Seized vehicles are those that the government institutions have taken possession of for reasons such as unpaid loans or taxes or other such reasons. This is why you can get them at a lower price. Almost everyday, banks and other government offices sell these seized possessions or perhaps auction them off at low prices because it cost money for them to hold onto the cars.

What's even greater is that you can do these purchases in your own home. You don't have to get out of the house to check out your potential cars. All you need is a computer and an internet connection so that you can check repossessed or seized cars online.

These online seized car sites are a rich source of cheap cars, however, there is no guarantee that the car you will be purchasing in really in good condition. Most government auto auctions cars are sold as it so you still need to make a trip down to confirm your purchase.

It is also a good opportunity to check the condition of the car before purchasing. If you are not familiar with cars, make sure to bring along someone such as your car mechanic who can tell if the car needs extensive or just minor repairs.

There are various sites which can help you make your purchase. You can choose from a large number of seized cars for sale – trucks and SUVs are even available. These sites require a membership fee to allow unlimited access to their database of seized cars for sale and even seized properties.

You can pay via credit card. Once you have become a member you will get information on auctions, dates, and locations. This makes getting a car easier.

Government Auctions Are Great Places To Find Car Deals

If you're in the market for a new car, but you can't afford the high price of retail, visiting a government auction in person or online can be a smart way to go. Government auctions are notorious for having some of the best automobiles going at a fraction of the prices you'd pay from a dealer or private owner.

Government auctions can be found in all kinds of jurisdictions, ranging from small, local authority auctions to large federal auctions. They can include everything from the top of the line, just released vehicles to older cars that have been well cared for in a government fleet.

Let's take a look at some of the types of vehicles that can be found at government auctions:

Newer model cars, trucks, light vans
The newer cars found at government auctions are generally those that have been seized from suspects by various law enforcement agencies. This means they might not be in tip top condition, but they could be, as well. In these cases, the government auctioning authority will be interested in making as much money as possible, but the fact is these cars can end up selling for a real steal. No law enforcement agency can afford to store an endless amount of vehicles seized from drug dealers or other bad guys.

Middle of the road cars
Many government agencies have a policy that dictates how old cars in their fleet can be. Once they reach this point, regardless of mileage, they are auctioned off and new vehicles are purchased. These cars can be very good buys and generally have been cared for within a fleet system, so they're practically guaranteed to have all their maintenance in place. They can be very good buys for those interested in government auctions.

Older vehicles
These, too, can be found at government auction. Whether they are retired fleet or seizures, some of these vehicles can be purchased for a fraction of their real value. If you're looking for a particular type of car, or a classic, don't discount a government auction as a place to look.

Now that you understand just about any kind of vehicle can be found at government auction, let's look at the types of agencies that might host auctions:

Local law enforcement
These government auctions are favorites of those who want newer models cars. Since many states allow their local agencies to maintain some of their seizures to sell and purchase newer equipment, it's possible to get your hands on a brand new car for a fraction of its sticker price by going this route.

State auctions
These can include a combination of fleet retired vehicles and seizures. Here you can find everything from standard government issued cars to the latest sports vehicles.

Federal auctions
The many agencies within the federal government also host their own auctions or combination auctions. At these you can find a variety of different types of cars, trucks and light work vehicles, too.

Government auctions are fantastic for finding really good deals on a variety of cars and trucks. Since the agencies aren't looking to make a "profit" per say, the prices on the starting block can be more than reasonable.

Online Government Auto Auctions – Buy Cheap Seized And Repossessed Cars

Most people do not know you can buy cheap seized and repossessed cars at online government auto auctions. There are many sites available where you can bid for the cars that you want to purchase. This can also work to your benefit, like for example, you are a parent and you want to give your kid a car as a graduation gift – you can buy your gift online and there is no way your kid will ever find out about it.

Seized car sites such as Autocastle provide services like car bidding, buy and sell for free. All you have to do is fill up an online form to request the car that you want and dealers will bid their prices and it will be up to you to choose which the best deal is.

You can compare the prices and quotes and you don't even have to leave the comfort of your house. These dealers range from wholesalers, bank repo guys, and private seller. The best thing about this is that the service is free.

And if you're an individual car seller, you can also bid if there is a request for the kind of car you are selling.

Another site called Gov-Auction also provides online government auto auction services. They had great resources to seized vehicles all over the country. For a fee, you can become a member and gain unlimited access to their resources and databases.

Repossessed and seized cars are usually released by the government agencies all year round. Since it cost money and space to store and maintain these vehicles and the government agencies always have a constant surplus of seized cars, they are more than willing to let go of these cars at cheap prices.

In fact, you can buy a cheap used car at government seized auctions for more than 90% off the retail market price. Some of these cars are still in relatively good condition as well.

Used Car Buying Tips

Some of these used car buying tips won't be new to you. Often the trick is just to apply what you already know. On the other hand, when it comes to expensive areas of life like buying a car, one new thing learned can save you hundreds of dollars. Try some of the following.

For more information on cars buying visit http://car-buying.am-articles.com/

1. Make a low offer. Okay, you knew this one. A trick you may not have used, though, is to make a low offer, and then leave your phone number with the seller. Time has a way of making sellers desperate, especially after you just helped convince them that they are asking too much.

2. Be careful with car price guides. Use the "blue book" etc, but try not to pay more than wholesale. I can't think of many times when people I know have paid more than "bluebook," so these "average" sales prices are doubtful.

3. Talk to people. This is one of the simplest and effective used car buying tips. Just let friends, family and others know you're looking for a car. Quite often people would be happy to avoid the whole process of advertising and showing their car if they could just get rid of it by giving a good deal to a friend.

4. Check out the engine. Have a mechanic look at the car, and tell you what it's likely to need in the next year or so. Then make a list, so the seller can see in writing why you are offering less than he wants.

5. Auctions. See if there is a public auction in your area. If not, maybe you can go with a dealer friend and give him a $100 to buy a car for you.

6. www.carfax.com. It's around $25 to run vehicle background checks for a month - long enough to find your next car. They'll show the chain of title, accident reports for the car, and even safety and reliability scores for that model.

7. "Ugly" cars. Watch for cars that sit on the lot for months. Dealers will often sell these "ugly ducklings" at a loss just to move them. Again, you may want to leave your phone number with a low offer.

8. Rental company cars. They are sold fairly cheap when they get the new ones in. Buy at bluebook wholesale or less, because they have had many different drivers, so they've more wear than normal.

9. Repos. Credit unions and some small banks do their own selling of repossessed cars. You usually bid on paper, maybe with a $50 deposit, and then get your $50 back if you're not the winning bidder. If they don't sell their own repossessions, ask where they are sold.

10. Consider gas mileage. High mileage may be better, but maybe a car that costs $500 less will use only $400 more gas in the two years you expect to own it. Do the math.

Use the tips here the next time you are shopping for a used car. Meanwhile, why not learn a few negotiating strategies. This helps in many areas of life, and is the most important of these used car buying tips.

For more information on cars buying visit http://car-buying.am-articles.com/

Finding Bargains at a Repossessed Car Auction

A repossessed car auction is the place to be to get that dream car at a price you never thought possible. But now that you've heard that you can save big at a car auction how do you find out where they are taking place? Just by doing a simple search on the internet you can find any number of sites that specialize in finding car auctions in any area of the country.

Did you know you can buy your dream car for 90% off at repossessed car auctions?  You see, there are lots of bargains if you buy your car at repossessed car auctions.  But they, the car dealers, have been trying to keep it secret for fear people will start purchasing cars directly from the car auctions. What the dealers do is buy cars, and sell them for huge profits.  And they do it because the prices of cars at repossessed car auctions are an absolute steal.

At a car auction there are basically two types of cars being auctioned off, automobiles that have been seized because they were used in the commission of a crime or used government vehicles. Although some people may feel a little strange about buying a car once owned by a criminal, you can find great deals on luxury cars. Buying a used government car at a car auction has its benefits too, government cars usually have regular tune ups and maintenance and some have very low mileage.

Many of these repossessed car auction vehicles are practically new with very low mileage, and because the original owner would have carried the luxury tax, this is not an issue when they are sold at auction.  What you end up paying will of course depend a lot on who turns up at the repossessed car auction to join in the bidding, but with so many auctions and so many vehicles, you're bound to find an excellent bargain.

Salvage Cars

Salvage cars are very popular nowadays due to many reasons such as; they are cheaper, the whole process does not involve as much time as buying a used car, or cost as much as buying new cars.

Of course, as with any other thing on the market, there are several difficulties, and in this case, there can be found many more downs than ups. Yet, for example, if you have enough money put aside and need to buy a car fast, and you do not worry that much about possible quality problems, then salvage car auctions are the thing for you.

For example, let us assume that you want to buy a car for your son, since he has not got that much experience as a driver it may be safer if in the beginning he would own a cheaper car and learn how to deal with small possible problems that may appear.

Of course, a salvage car can be great if you want to buy a second car for your or your family, because you can get it cheap and fast, because everybody needs at some point a new car for their family.

As mentioned before, the biggest advantage with salvage cars (and obviously, salvage cars auctions is that they are very cheap). Most of the times these cars are very cheap because they need to be sold right away and the buyer is more willing to offer a smaller price than bargain for a huge price.

This way, at auctions, in some cases, the final price might meet the ideal price for the seller, but most of the times, it will be under his price. Therefore, if you are low on money and need a car fast, if you can find a salvage car auction somewhere near you, it would be a great idea to take advantage of the situation.

The second great thing about these salvage car auctions is that because of the buyer's rush to sell the car; it will not take anybody's time. Practically, it is only a matter of days after you were announced the winner of the auction until you will actually have the car in your hands to drive it with all the papers written.

Of course, with salvage cars it is more difficult to tell if they are real quality, meaning that while at an used car dealer you can spot many faults in the car's system by discussing with the dealer, driving the car, carefully examining it on your time. It is harder to do that at an auction because there will be many people there trying to do that, and everybody seems to want to find something out, and get in your way.

Yet, there is a solution to people who are too afraid to a buy from these kind of auctions – they can buy the car for body parts. Repo vehicles can be used as spare parts for your own car, and this way save a lot of money with possible purchases.

You have all the parts you need now. Of course, it is a matter of luck and opportunity, and sometimes you may not find a model just like yours, or something similar. However, if you do, you can consider your car saved!

Car Loans After A Repossession?

If you haven't made your car payment for three to four consecutive months, your auto loan lender will most likely repossess your automobile. Whatever the reason, a car repossession will damage your credit rating and make it harder for you to get approved for future credit. Still, there are ways to obtain a Car Loan

1. You can approach an Auto Dealer who offers in house financing. The dealer will most likely require money down and will carry you for the balance. Some Dealers do charge higher than normal interest, however beggars can't be choosers. Sometimes you need to look at dealer financing as a gift as you well know no Bank will touch you!
2. Get a No Credit Check Car Lease? Yes some Private Leasing Companies offer once again equity leasing with reasonable interest rates. When acquiring an equity lease you will most likely be asked to put down 20-25% of the vehicle cost! One thing to remember is a lot of these lease companies don't report your lease to Equifax or Trans Union. They are in house and they take your payments directly from your Bank Account.
   

Please note that applying for a Car Loan after Repossession will be difficult as many in house lenders worry that you since you didn't pay your last car loan, why or will you pay a new one?

If you can provide good reason for your repossession, like illness, divorce or some other reasonable answer many in house finance companies will take the chance and extend you credit. Having a secure Job with long tenure does help!

So the answer to your question of can I get a car loan after repossession is yes!

Auto Source Financial also works with people with past repossessions and has many in house sources to help you obtain New Vehicle Financing!

Buy Seized Cars for Sale - Where to Buy Cheap Used Cars Online

There are several ways to buy cheap cars. You can buy low&wshyp;priced used cars from second hand car dealers, check the classified ads for cars on sale or use eBay at which there are persons selling cheap cars.

However, one of the best ways to save bucks on cars is through seized car auctions. You can buy seized cars for sale at a inexpensive price.

Most cars that are up on seized car auctions are repossessed or seized cars. Therefore, sometimes, the cars are continuing to in fairly good condition. There are wide selections available these types of days in repo car auctions.

These days, the merde of vehicles seized by the government have grown exponentially to the point at which the government can not afford to keep and maintain all the seized cars from the time of it be worth money.

Therefore, you can foresee many cheap car deals on repo car auctions. They need to get rid of these seized cars as soon as possible to free of charge up space for more repossessed cars. So it is not uncommon to buy cars that are still relatively new and cost alone 10% to 50% of the contemporary economic price.

These seized car auctions are held all over the globe though the dates are sometimes difficult to find out. You can search classified ads in your local newspaper at which sometimes, they will post an ad.

Another way to find these types of seized car auctions is online. There are several websites that are dedicated to list the current seized car auctions in your area. Sometimes, they will also extend the latest seized car auction listings, bid offers, appearing prices and so on.

This provides a desired way of comprehending which model of cars are on auctions and their price points before you even need to go the auto auction.

Buying seized cars for sale is certainly one of the lesser known ways of buying low&wshyp;priced cars. Many people actually use this to embark on a business of obtaining and selling cars.

Repossed Cars for Sale – Q&a's

Repo Cars for 90% Off! Seized Cars for $200! Cheap Surplus Cars!

Are these claims true? Sounds like a terrific way to get a bargain car. How does it work? Are these real deals? Is there a catch?

Government car auctions - In a nutshell

Various federal, state, and local government and law enforcement agencies regularly seize possessions, including autos, of bad people and auction them off. Or they buy new service vehicles and auction off the old ones. These are collectively known as "government auctions."

Banks and lending institutions also repossess property and automobiles from non-paying customers, and sell the goods through auctions.

These auctions are real. They take place almost every day in various parts of the country. In most cases, anyone can attend and participate. And it's possible to find good deals, but most people don't know they exist.

Here are some of the common Q&A's for buying repossessed cars.

Why Are The Cars So Cheap?

Every day thousands of Americans are defaulting on their new or almost new cars car loans and lease payments. Banks and other financial institutions are being forced to repossess more cars than they can store. Automobile storage is a very costly expense, and banks want to get these cars liquidated quickly so that they don't lose any more money. In fact, car dealers purchase these cars and sell them for a huge profit. You're effectively cutting out the middleman. You can get access to direct sources where the cars are being sold at prices that look unbelievable to the average car buyer

Can I Really Purchase A Car From $100?

Yes, there are cars to purchase from $100 and they are not junk vehicles. You have the option to inspect them before you purchase them. Many cars at the auctions are almost new with low miles. As an example, if the government seizes a vehicle from an illegal activity, you will have the option to purchase it for pennies on the dollar.

So Why Wouldn't Everyone Buy A Car This Way?

This is a very protected source of revenue for the majority of car dealerships and is not advertised to the general public. The simple fact is that many people don't have any idea that they can purchase cars this way so they lose money by paying highly inflated prices to car dealerships. Lots of consumers think these auctions are only available to licensed dealers because they're not advertised. Car dealerships obviously aren't going to tell you about it, but we get our members access to the direct sources where they can literally find a vehicle for pennies on the dollar.

Are There Online Auctions That Sell Seized Cars?

Absolutely! The Internet has changed the way auto auctions are done, increasing the ease of access for the public. There are a number of seized auto auctions being conducted online and you can save money right from your own home.

How Complicated Are The Bidding At The Auctions?

They're not! They 're actually a lot of fun! Just arrive at the auction early so you can get a look at the cars that will be up for sale that day. Most bids start at $100. If there are not many bidders at the auction on a given day, you can get your car for a ridiculous price! With our extensive database you won't have any problem finding these kinds of deals.

Are There Warranties For Auction Cars?

Generally, auction centers and websites offer a 90-day warranty at no cost to you. If you would prefer an extended warranty, you'll need to pay an additional small fee depending on where you are getting the car. However, many of the cars may even be covered by the original manufacturer's warranty.

Are There Any Hidden Fees To Worry About?

No. You will be responsible for standard fees like your title, registration, license, tax, etc. You will not be required to pay a luxury tax and you will not be required to pay any dealer-added fees like you would at a dealership.

Are These Vehicles Damaged?

No, they are not. These are repossessed vehicles not salvaged ones. You can inspect these vehicles before you purchase them.

Is There Financing Available?

Yes most of the auctions will have financing. They will provide you with a list of finance companies that will finance you regardless of your credit.

Where Are These Auctions Located?

They are auctions in just about every city throughout the United States.

Did you find the above Q&A on buying repossessed cars useful? You can learn a lot more about how buying a seized car at http://tinyurl.com/yrdbfh

How To Get Approved For A Car Loan After Bankruptcy Or With Bad Credit

Bankruptcy and bad credit can make you think your ability to get a car loan will be an impossible task. But it does not have to be. Also, any new loans including a car loan will help you to build and reestablish your credit and credit history.

Most finance companies will not deal with you if you are in the middle of bankruptcy, but they will when it is finalized as you can then legally take on debt and reestablish yourself. Bad credit should not mean no credit. You can still get a good car loan and even a reasonable or good rate and payment. Here are some excellent tips and pointers to help you get the best car loan and terms possible regardless of your credit history.

First, get a copy of your credit report.

This is a crucial step as your credit report may and probably will contain some erroneous and derogatory information. It is a known fact that over 90 percent of credit reports contain some sort of error or incorrect information. This can range from wrong contact or loan info to derogatory debt info that should be removed as it is older than 7 years.

The rule is that most derogatory credit and debt reporting can only stay on your credit report for 7 years (a bankruptcy is 10 years). Many collection companies and other creditors abuse this law by relisting bad credit with different loan numbers and such. This is actually illegal and a violation of the Fair Debt Reporting Act. If you find any fraudulent reporting like this hire an attorney and sue the violating company.

Basically, anything that does not belong on your credit file can be investigated by inquiring with the credit bureaus (Trans Union, Equifax and Experian). When an inquiry is opened, they must contact the original creditor and receive proof that the debt is valid. If they do not receive proof within 30 days the disputed information must be removed. The credit bureau in question will then send you a free, corrected credit file. Note, this dispute process is not to be abused for knowingly valid debts.

By correcting the data in your credit report you can only improve your credit rating. You are also entitled to add a small entry to explain any valid derogatory entry. For instance if it was caused by a unexpected illness, automotive accident by an un-insured motorist or something that was not your fault. Creditors may take this info into account and give you a better rate or terms or extend credit where they normally would not.

Make friends with the special finance manager at your local car dealership that handles bad credit.

This can only help as many times a loan is made or determined on the finance managers personal opinions. They can put in a good word for you or a personal favor or recommendation. Especially if they are at a large dealership and they do a lot of loans. They may be able to throw it in with a package of loans and get you approved or get you a better rate. Do not discount this, I have personally seen this happen.

The special finance manager will also determine how much money you can put down and what payments you can afford. If you are friends with them you will most likely get a much better deal, car and payments.

Look online before you sign the dotted line.

There are numerous online finance companies and websites that may give you better terms and or rate, but you will never know if you do not check. Just look up the keywords bad credit car loan on Google or Yahoo and you will find plenty of them. Find a few and see what kinds of offers or terms you will get. Do not be surprised if you are approved, but for a newer car. Many finance companies will not do loans on cars older than 5 or 7 years or with prices below $5,000.

Buy here pay here.

If you wish to buy a car older than the range most companies will finance, under $5,000, or your credit will not let you buy at a normal dealership (very rare), then there is one last resort the BHPH (Buy Here Pay Here dealer). These car dealers finance the car themselves and will usually expect weekly payments. Do not expect your car loan with them to be reported on your credit report so it will probably not help your credit. If you miss a payment, they will tow off or repo your car.

Then you will have to pay extra repo fees and all payments to get you up to date to get the vehicle back. BHPH is kind of like legalized loan sharking, but for some it is an acceptable or only alternative to riding the bus or walking. Expect high interest rates (whatever the state maximum is) and weekly payments of between $50 and $100 with a sizeable down payment (usually around $2,000 or so depending on the year and price of the car being loaned).

Now, once you have a car loan, do not mess up and miss or make late payments. Your goal is to correct the mistakes of your past and build good credit. If you keep making on time payments and continue to build your credit, with 1 to 2 years you will improve your credit and may even be able to do things like purchase a house or condo and qualify for better rates and terms.

Consider A Bank Repo Boat And Beat Used Boat Prices

Consider A Bank Repo Boat And Beat Used Boat Prices

With the economy ailing the way it is, most people think of people losing their jobs, homes, and automobiles because of the recent downturn. Times are also hard for upper middle class families as well and many of them happened to be boat owners.  Remember when the "belt tightening" has to be done, recreational and luxury items are the first to go.  Which would prefer to lose?  Your car, home, or boat.

There are gigantic opportunities in buying repossessed boats.  Savvy investors are picking up boats at 40%-70% discounts and reselling to people who can still afford them.  Many recreational boaters are also finding a much better bargain on used boat prices than they can get at their local boat dealer.

Most bank repo boats were owned by people who cared for them and kept them well maintained.  And since boating is seasonal in most parts of the USA, wear and tear is usually minimal as compared to an automobile which is usually driven daily.  Generally the work needed on a repo boat is minor and clean up type work such as painting.  The original owners kept them well maintained for insurance and safety purposes.

Lenders and finance companies who repossess boats have a non-performing asset on their books which they usually want to dispose of quickly. They know that they cannot hope to get market price in this economy. The longer they hold the boat the less they will receive when it finally does sell.  

Remember, when considering a repo boat purchase be sure to do your due diligence just as if you were buying a home or an automobile.  Finance companies always sell "as is" and they generally will not pay anyone to inspect or maintain the boat while they have ownership.  Be sure to take someone who  is familiar with used boat values and engine maintenance. You should also do a close visual inspection of the interior and the shell to make sure there is no damage or cover-up work to be considered. If you do find flaws, that should be factored into your bid price.

Whether you are purchasing your repo for personal use or to resell for a profit, make sure to do your research.  The internet is a great place to start.  There are auction sites that list boats for sale all over the USA and Canada.

Buying an e-book online or subscribing to an inexpensive auction membership site that deal in repo boats should give you enough information to make a quality decision and purchase.

Buy yourself a Great Car From a Police Repo Auction

Police repo auctions can be a place to get some real deals if you know what to look for. Buying at a car auction you don't have some salesman bugging you to by this car. Also you will get that same car for a lot less money. Like in everything there are some things to watch out for. A used car has been used by someone else so use common sense when looking to buy a car. I make it my motto to research before I even set foot on the auction lot. Know what kind of vehicle you are looking for. What model and so forth. Make a short list of the kinds of car you want .The car you really desire may not be there.Then you may have to pick another type.

When you do find the car your looking for that is on the auction block, now is the time to check it out. Most auto auctions give you the chance to look it over, kick the tires and pop the hood .You'll want to start the vehicle, check the type of smoke pouring out the back end. Look for rust and dents.Take it for a little run around the lot. Just remember if it's not running how it should be there are other cars or auctions.

Now you have found the right car. The time to bid is here. Most cars have a reserve bid on them (some can sell unreserved). The reserve bid is the minimum that this car will sell at. Bidding will start below this number to get the bidders warmed up. Most auto auction companies will let the bidders know when the reserve bid has been met. This is where you have the chance to get a good used car for a bargain price. Bidding in auto auctions can also be done online. If you want to bid in an online auto auction, make very sure you have checked the car out first.

Whether online or live, make sure that you set yourself a budget and stick to it. Auto auctions are very fast moving. Don't get carried away with the excitement. Many people can get carried away with auction fever and bid to high for a car. You may want to go to a couple auctions first just to observe. Used car dealers often go to auto auctions to find the cars for their lots, so if you bid against them and win, you have probably saved yourself a lot of the money that they would have made on the car if they would have sold you the car from their lot.

Why Buy a Used Car?

Have you been thinking about buying a new vehicle? If you have then you must allow yourself time to carefully consider all of your options. Many spur of the moment purchases can be regretted, especially a poorly thought out car purchase.

While most people have their own ideas about the make and model of vehicle they want all perspective car buyers will have to decide between two major options. Should you buy a new vehicle or should you settle on a used one. Almost all car buyers want a brand new vehicle for a variety of reasons. There is nothing like being the first person to slide behind the wheel of a car and take it home. Unfortunately, that dream is not affordable or practical for many car buyers.

A new car usually comes with a five year/ 100k mi. guarantee, so the manufacturer ensures you that the car will function properly this entire time. In addition, if sometimes breaks, it will be covered by the warranty and the vendor will change that faulty item free of charge. However, all these advantages come with a price. In addition to being more expensive, not only do you pay a lot more when you buy it, but also the car will lose its value very fast. In fact, a new car looses about 15% of its initial value each year.

Knowing that you can take your car back to the dealer the minute something goes wrong severely reduces the stress level of the average consumer. Ironically enough people who purchase brand new cars have just as much of a chance of taking their car in for repairs as those who have purchased used cars. With that in mind, if you might end up taking your new car to the shop anyway what is wrong with purchasing a great used car whose vehicle history has been fully disclosed.

Since purchasing a brand new car is not always feasible many car buyers will start looking at used cars. A used car is a great solution, especially if you can find a car in good working condition. State and federal laws prohibit dealers and individuals from selling cars that need a lot of repairs to unsuspecting buyers. Since most dealers know that they cannot get away with selling a 'lemon' they will offer warranties that will cover most basic problems.

When it comes to buying second hand cars, there are many solutions available. While you can read the newspapers and follow those ads, you can buy a used car in a more convenient way. Auto listings on various online sites can also help you narrow your search within your area. I usually look within 100 miles of my address.

Many good cars can be found in public and online auctions. There are many online cheap repo car sales and if you are lucky, you can even find a car up to 95% off its retail value. These auctions are made up of cars that have been repossessed for non-payment and are now put up for auction by the finance company. Since the finance company is desperate to get some sort of money for the car they are willing to accept whatever is offered. Usually these cars have traveled few miles and for the past recent years they have stayed in a garage and not on the streets. Sometimes auctions have paintless dent repair technicians and auto mechanics look over the car before anyone even bids on them to make sure they are in top-notch condition. Choosing a cheap repo car can be the perfect solution for you, especially as you can be sure of the car's origin and about the fact that the car has not been hit or damaged.

 

Buy Seized Cars for Sale – Where to Buy Cheap Used Cars Online

There are several ways to buy cheap cars. You can buy cheap used cars from second hand car dealers, check the classified ads for cars on sale or use ebay where there are people selling cheap cars.

However, one of the best ways to save money on cars is through seized car auctions. You can buy seized cars for sale at a cheap price.

Most cars that are up on seized car auctions are repossessed or seized cars. Therefore, sometimes, the cars are still in relatively good condition. There are wide selections of seized cars available these days in repo car auctions.

These days, the number of vehicles seized by the government have grown exponentially to the point where the government can't afford to keep and maintain all the seized cars since it cost money.

Therefore, you can find many cheap car deals on repo car auctions. They need to get rid of these seized cars as soon as possible to free up space for more repossessed cars. So it is not uncommon to buy seized cars that are still relatively new and cost only 10% to 50% of the current market price.

These seized car auctions are held all over the country though the dates are sometimes difficult to find out. You can search classified ads in your local newspaper where sometimes, they will post an ad.

Another way to find these seized car auctions is online. There are several websites that are dedicated to listing the latest seized car auctions in your area. Sometimes, they will also provide the latest seized car auction listings, bid offers, starting prices and so on.

This provides a good way of knowing which model of cars are on auctions and their prices before you even need to go the auto auction.

Buying seized cars for sale is certainly one of the lesser known ways of buying cheap cars. Many people actually use this to start a business of buying and selling cars.

The Truth Behind Making Money at Police and Public Car Auctions

I've bought and sold over 500 vehicles at various car auctions since 2002. Police auctions, Bank-repo auctions and State & Local Government auctions are all fantastic places to buy cars at wholesale prices. Like anything, however, not every car at these auctions is a winner waiting to be purchased for pennies on the dollar. Finding the best deals at the best auctions takes a little research. But, the fact remains, you'll never find a better deal on a used car anywhere else.

Why are Auctions such a great place to purchase a car?

The biggest reason, of course, is the price. It is very common to get vehicles for 50% below retail. Especially, given the state of the economy, people want to buy reliable, fuel-efficient cars at great prices. If you can do the leg-work to acquire these cars at auctions...you can quickly start making a very good income for a few hours of work a month.

The other big draw to car auctions is that there are no dealers to argue with. Used car dealers are notorious for doing anything to sell a car. They have this reputation for a reason. By buying at auctions, you don't have to worry about haggling over prices or having a salesman follow you all over the car lot.

Despite the obvious advantage of buying at auctions, I'm amazed how many people stay away because they think that the vehicles are in poor condition or that there's some big 'secret' to finding these car auctions.

These are the two biggest and most expensive myths about Car Auctions....

Firstly, are there junky cars at these auctions? Yes. But are there great cars in great condition? Absolutely.

Over the years, I've bought many low-mileage seized autos that were in excellent condition. They were seized from a drug-dealer (or whatever type of criminal) by the police and auctioned off to help the local government raise money. I've also found a lot of great deals at Bank-repo auctions. Great cars in great condition that were simply repossessed by the bank because the person didn't make their payments....and I was there to take advantage of a great deal. I've bought a lot of higher-end cars from these two types of auctions (especially BMW's) because criminals tend to drive nice cars and banks repo cars that someone thought they could afford but really couldn't.

Another great source of what I like to call more 'functional' vehicles are government agency auctions. A lot of state & local agencies are constantly buying new vehicles for their fleet and selling off the old ones. Not just police but, environmental agencies, department of transportation, city inspectors, etc. all drive government owned cars. These are traditionally very well taken care of (they're required to by law) and have relatively low mileage. These make great resales because they're cheap, reliable cars and people (especially in this economy with these gas prices) are always looking for such cars.

How do you find the good deals at these auctions?

A lot of people are still scared away from auctions because they think they have to be a mechanic to be able to separate the good cars from the "lemons". I admit, I fell into this group when I started. At almost every auction you can inspect the cars before submitting a bid. While you won't be able to take them for a test drive, many will still come with a manufacturer's warranty. I've bought a lot of 'government' cars without even seeing them because they are always in such good condition. But here's a quick checklist which I recommend for anyone just starting out - this will help you avoid getting a 'lemon':

1. If possible, start the engine and listen for anything unusual (or to see if it starts at all). Note most auction sites will sell these cars "as-is". If you're able to get a look at the car while the engine is running, you'll be able to tell a great deal about in what condition it's in. Check the exhaust to make sure it's clean, check the air conditioning, heat and all the power options (windows, seats, sunroof, etc.).

2. Check for water damage under the seats, floor mats or in the trunk.

3. Lift the hood and check the oil. Check for white bubbles on the dipstick (this means there's likely water in the oil tank) and check for any grains (i.e. sand or sediment). If the oil looks think and pasty it's likely the car wasn't regularly maintained. These aren't necessarily deal breakers but I'd adjust my bid accordingly.

4. Check the transmission fluid too - you'll want to see that's it's clean and not dark or sticky. Look at the tailpipe for excessive soot.

5. Check the exterior as well. This is easy and you're really just looking for what condition it's in. Is there rusting? If so how much? Look for paint bubbles or welding marks. Also, keep an eye out for slightly different shades of paint, rough surfaces or body panels out of alignment. Also, make sure and check the engine compartment for new bolts or bolts which don't match in color.

As you get more comfortable with buying at car auctions you'll learn what's a 'dealbreaker' and what's not. As I mentioned, unless a government car looks really bad in the picture, I'll submit a bid without even looking at it. Even if a car I've just bought needs a tuneup, new brake pads or an alignment, I keep that in mind when I'm bidding. If I can make $2,000 on a resale, I'm happy to spend another $300-$400 to get it into shape. You're still getting a great deal because of the purchase price.

I would also recommend (especially as you start out) getting a CarFax or AutoCheck vehicle history report. These are cheap ways to get a lot of information on the car you're interested in.
When I started out, I got an AutoCheck report for every vehicle I was interested in and it gave me more than enough information to make an informed decision.

Even if you DO end up getting a 'lemon'...i.e. you didn't get an AutoCheck report and bought it sight unseen and it needs a new transmission that you don't want to spend the money on? Then you can always sell it at the next auction. Someone will always want to buy it and fix it up...

How do you know what to bid?

Before bidding on any car you should know the "comps" or resale values. Look at Kelly Blue Book, Edmunds.com, the NADguides, the MMR prices (check out our website for more on this) and, of course, ebay motors and autotrader.com. Look for comparable cars with similar mileage and establish a range of prices. The low end of this range is you target bid price.

If the bidding gets too high just walk away...I remember something an experienced auto trader told me at my second auction when I was getting worked up about a BMW I was bidding on. "don't get to excited kid...In this game, you always have another 'at bat' ". What he was saying is: don't spend too much on a car because there is always another deal out there. I ended up letting that BMW go to someone else but I got another one a week later for several thousand less. I always try to remember that bit of advice.

How do you find these auctions?

A lot of these auctions can be tough to find. Only very recently have they started advertising online but most have had websites up for years. The result is...a simple "Google search" isn't going to turn up anything.

You can always find some local auctions in the paper which is a good place to start. I've spent years compiling a list of these auctions by state which is another good resource to save you a lot of time and money. Check out my site for more.

The bottom line. You can't afford NOT to look at Car Auctions.

I've been amazed at some of the deals I've found over the years at these auctions. It's been enough to surpass my day job and for much less work. Even if you're interested in just buying one car for yourself, you can't afford NOT to look at a Car Auction. So what are you waiting for?!

Deceptive Car Dealer Ads and Activities - Pervasive As Ever

You hear them on the radio and TV everyday. Some have outrageous ads and sales gimmicks. "Push, pull or drag your trade in for $4000 minimum trade", "Best price in the world!" "Best bumper to bumper warranty ever - we cover everything." "Repo'd car sale today." Bet you didn't know that these ads can be and usually are very misleading and can be illegal.

According to Leslie Anderson, AAA, Misleading advertisements and deceptive marketing from car dealers has been on the rise in recent years. Car dealers, due to a struggling economy are resorting to grey market sales tactics and ads. Many of these ads are either borderline or even illegal in nature. With all the publicity in recent years of scams and illegal business activities by businesses from every state you would think most states would have toughened up their laws and started to crack down on bad car dealers. Only one state, New York, has really done anything.

There are laws already on the books that make many of these advertisements and such illegal, but few states will even look into these activities. In New York, if you run a Push, Pull or Drag sale the odds are you will get fined. The thinking behind New Yorks laws is that if you promise someone a set figure for their vehicle it should not be factored into the discount or markup of the newer, replacement vehicle. This is deceptive advertising. Yet I hear these same ads, with even higher amounts promised on the radio and TV in North Carolina and South Carolina all the time. Then there's the matter of expressed and implied warranties.

Expressed and implied warranties are actually covered under federal laws. Every car dealer must have a federally approved warranty disclosure placed in the window. This is to show if a warranty exists and what is actually covered. This was done as there was too much discrepency in the past with car salesman blurring the line of what is really covered and what isn't. On a recent drive from North Carolina to South Carolina I saw 11 used car dealerships that did not have these in the windows - at one we found they were in the glove compartment. When we asked the salesperson why it wasn't in the window he said it wasn't necessary. In New York, every car dealer you drive by or visit will have these prominently displayed.

Then you have the usual lies - car dealers advertising a repossession sale, cream puffs, etc... They will lie about the origination of cars just like in a recent Carfax ad. Oh that was just a little fender scratch (complete repaint from a 50mph accident) or new upholstery (due to a flood and complete submersion). These repossession sales, like Repo Joe, do a media Blitz and claim they have all repossessed vehicles for a great buy. When in fact they probably don't even have one repossessed car that is for sale. Most car dealers get their cars from either trades or local auctions.

Regardless of what they claim they most likely do not know the vehicles history. You can't even rely on Carfax 100% as many vehicles are repaired without full salvage disclosure or even any repair history. A carfax report is only as good as the information that is actually entered into the system. Before you rely on that Carfax or what the dealer says is the cars history listen to this - Tennessee attorneys Frank Watson and David McLaughlin charge that Carfax's ads promise more than it can deliver. "Carfax fails to disclose the limitations of their database," says Watson. "People think they have a little insurance policy on their Carfax report, and it's just not accurate," says McLaughlin. Carfax is an online company that searches databases for a vehicle's history, claiming to be "your best protection against buying a used car with costly, hidden problems." But, critics say when it comes to many accidents, online reporting companies fall short. A class-action lawsuit against Carfax claims the company doesn't have access to police accident data in 23 states.

This article should be a wake up call to car buyers to be more on the alert to car dealer scams, lies and untruths. It should also be an alert to states from Oregon to Florida that more needs to be done to curb bad car sales tactics. Most car dealers aren't small mom and pop organizations. They are large million or billion dollar companies that will do anything to make a dollar. Even crossing the line or blurring what is legal and what isn't. And according to one big dealer in Charlotte, North Carolina whom didn't want his name or dealership mentioned for obvious reasons - "its all about that bottem line and if we get caught, thats what our lawyers are for. Per another car dealer, "it's a buyer beware market: Buyers must beware and be detectives too."

Behind the Scenes of a Car Repossession

The economy is still mired in its slump and everyone is feeling the pinch. It won't surprise you to learn that the number vehicle repossessions has skyrocketed over the past year. Experts suggest that the number of daily repos increased nearly 20% during 2008. What's more, the increase in activity is not limited to certain types of cars. Luxury models are being repossessed as quickly as low-priced models.

Because this is an area of the automotive industry that few people know about, I'm going to explain what happens behind the scenes. We'll follow the trail of a repo'd vehicle as it changes hands throughout the process.

The Person Who Owns The Vehicle

Let's suppose that you purchase a new Mercedes. You found a dealer who was willing to let you drive it off the lot without your having to put any money down. Of course, the monthly payments are staggeringly large. Eight months later, you've lost your job and have begun to have a problem with making your payments on time. Eventually, you simply stop paying the lender each month.

The lender will send several notices to you requesting that you bring your account current. If they don't hear from you, they'll begin legal preparations for the repossession. For example, the lender will file a lien, request the court to grant a levy, and notify you regarding where the Mercedes will be sold. Then, the repo agent is dispatched to pick it up.

The Person Who Repossesses It

Repossession companies are hired by the lender. The laws surrounding what a repo agent can and cannot do in order to acquire a vehicle vary by state. Also, state law varies regarding what the owner (in this case, you) can do. For example, some states will allow the agent to cross into private property without the owner's permission in order to acquire the car. On the other hand, several states will let you relocate your car in order to evade the repo agent. In that case it's up to the agent to find you (and your Mercedes).

The Auction And Dealership Lot

Let's assume the agent found you and took possession of your Mercedes. In most cases, the vehicle will end up at a private auction attended by the lender, a representative of the dealership, and any number of other dealers who are interested in buying it for resale. If your Mercedes is purchased - and it's likely that it will be - it ends up on the new dealer's lot.

Hopefully, you'll never need to experience firsthand the process of having a car repossessed. That said, it is an important part of the automotive industry and explains how many used cars end up on a dealer's lot. As for whether repossessed vehicles are reliable, they typically are. But, use the same level of caution you normally would when shopping for a used car.

Benefit from the Deals Repo Auctions Have to Offer

Expert bargain hunters know that repo auctions can be some of the best possible locations to find great deals on used cars and trucks. But, many people beyond the serious bargain hunters tend to shy away from these auctions for fear they might net bad results. The truth is repo auctions are hidden treasures if buyers know what to look for.

The advantages to buying at repo auctions are many, and include such things as:

* Instant purchases. When you buy at a repo auction, you're expected to pay and close the deal right away. When a good purchase is made, the gratification is instant.

* Selection. Repo auctions that are held on behalf of banks and other lending agencies tend to include a huge variety of cars and trucks. Kind of like a fast-moving, used car lot, these auctions can include everything from cars that are only a few weeks or months old to models that are slight bit more aged.

A repo auction that's held for multiple lenders can include almost every make and model under the sun and some shoppers might not expect to see.

* Quality. A lot of repo auctions include vehicles that are in incredibly good shape. Just because prior owners fell short of making payments doesn't mean they didn't care for the vehicles in question. The truth is bad things can happen to good people, and those who frequent repo auctions can benefit from the deal.

* Savings. This is the biggest benefit to shopping repo auctions for car and truck deals. Since the lending agencies only want to make their money back or close to it, cars and trucks can often be had for a song.

This is why many used car dealers frequent these auctions. They wouldn't be there if they didn't think they could make money off the buys, so it's a given some serious savings can present themselves.

While repo auctions are a great way to go to get solid deals on cars and trucks, it is a buyer beware world. With this in mind, it's a good idea for anyone who attends a repo auction to have a good idea of what's going to be on the block before they head out to buy.

If possible, research the auction in advance and take a look at the makes and models up for grabs. If this information can be found out in advance, it's easy to get a good list of potential buys, there value estimations and so on in advance to help guide bidding.

Once at the repo auction, it's also a good idea to arrive early, if possible, to inspect models in advance. While it's not likely you'll be allowed to test drive, you can at least check the cars and trucks out to make sure they are in good working condition.

Repo auctions can be treasure troves of great car and truck deals. Checking them out in advance can net a laundry list of benefits for shopping this way. Just exercise a little caution and it will become quickly evident why dealers themselves frequent these productions.

Getting The Most Out Of Repo Car Auctions

Have you ever looked for a new or second hand car online? Did you find a great deal or did you have to spent hours looking can calling for a deal? I know that finding cars can be challenging however if you play your cards right you can find a great deal all in the one place.

Car auctions are usually public or government auctions where you can save money. Most of the work youll ever need to do is check up on the cars on auction and check the prices on the market at a car sale website. Compare your prices and see if youre saving a penny or two.

You can find everyday cars, SUVs, motorcycles, RVs and even trucks. Most of these vehieals have been seized or reposed which is why they are sold at a much cheaper rate. There are so many different reason how these cars get into repo car auctions. Defauliting on loans, seized property, old police cars, delearship clearance of old models, just to name a few.

Most of the time dealers and manufacturaces are getting rid of old models to clear room in the storage houses. One of the benefits of buying from car auctions is your car does not devalue instantly as soon as you drive away, unlike buying a new car from the dealer where you loose 30% of the cost as soon as you drive it away.

Back in the days only dealers and car brokers had information on repo auctions and it was not publicly known. They would buy them under the blue book value and resell them on the public market with a nice profit on time which is why car dealers use to make tons of money.

However with todays current information age and the internet, anyone can find great car deals at repo car auctions. Some websites even offer listings of repo car auctions, even a list of cars at the auctions. So all youll ever need to do is check online before you visit these auctions to make sure youve got yourself a good deal.

Find these sites are not hard. Do quick search for repo car auctions and youll end up with a few hundred sites. But theres really only a handful of good auction sites offering information on top repo car auctions.

So in summary before you go to these car auctions first you should check up on the car you want to buy. Make sure its listed. Then check the blue book value. Second check the private car sale value. See whos selling at what prices. Then youll know what you should bid for when your at the auctions. Good luck and I hope you find a hot deal!

Cheap Repo and Seized Cars for Sale

When it's time to buy a new car you always want to get the best deal possible. Sure, you can go to your local dealer and haggle with the car salesman just like everybody else. But if you want to really save then you need to find an auto auction with cheap repo and seized cars for sale.

The repossessed car auction is a great place to find deals on all models and makes of cars. You can throw the Blue Book prices out the door because there is a high degree of probability that you can purchase a car, truck, or SUV for thousands of dollars below Blue Book price. And we all know that if you buy a car off a dealer lot you very seldom get a deal below the Blue Book price.

Everyday thousands of car, trucks, SUV's, and RV's are seized or repossessed for a variety of reasons. People get behind on their loans only to find their vehicles being repossessed. Local police and federal law agencies seize automobiles from drug dealers and criminals. In fact so many vehicles are seized that it is impossible to store them for any length of time so the easiest way to deal with this oversupply is to auction them off to the lowest bidder.

The ability of the average person to participate in the thousands of auto auctions in this country every year has been greatly increased by the advent of the internet auto auction website. Up until then these car auctions were the secret car buying grounds of the car dealerships. They could buy cars at well below the retail value and sell them at a pretty hefty profit.

Probably one of the best reasons to buy a repo or seized car is the value. Most of these vehicles are no more then two years old and you won't get hit with the de-valuation you get when you drive a new car off the dealers lot. Nothing depreciates quite like a new car. A repossessed car has already been depreciated to a degree and if you can get one a few thousand dollars below Blue book value you don't have to worry about it being worth less then what you paid.

Finding a repossessed car in your area you wish to bid on is now as easy as doing an internet search. The internet auction site searches the many public and government auction databases and returns results based on your search criteria. You'll be pleasantly surprised at how many cheap repo and seized cars for sale meet just what you are looking for.

Save Money On Your Next Care At A Repo Car Auction

It's been a used car dealers best kept secret for a long time. Repo car auctions were a place used car dealers could pickup several good used cars and/or trucks bring them back to their lot and sell them for a nice profit. While that is still the practice of some used car dealers it's easier now for the average joe to learn the ropes, and get his/her own deal on a repo car from the auction.

Find the Information

This can be the toughest part of the entire process. Discovering where and when auctions take place, and if you can or can't get into one is the first step. Your local town office may have information about repo car auctions in your area, also watch the news papers for notices of police or government surplus/repo auctions. These auctions will not only have cars and trucks but also other merchandise such as boats, atv's, and other motor vehicles.

With the advent of information sharing on the Internet it's made it even easier to locate repo auctions. There are services set up solely for this purpose of providing info on auctions in your area as well as what items will be going up for auction.

Where do the vehicles come from

There's a variety of places cars can come from that are up for auction. More times then not they've been repossessed by finance companies, banks, the police and even the town or state. Most times cars and trucks at repo auctions are newer model years, with low mileage, and in good shape. Making it the perfect place for you to pick up your next new to you car.

The best way to navigate the repo car auction circuit is to use a professional service that specializes in providing consumers information on auction locations, cars available etc. Understanding how to bid on a car you may be interested in, making payment if you win, and pickup are all items that should be posed to a professional.

No question if you're willing to do a little bit of research you'll save a bundle buying your car from a repo auction rather then a used dealer. You could very well bid against the same person you'd buy the car from otherwise. Using a service to do your research online prior to heading out to locate an auction is ideal. You'll be able to see what similar cars have sold for at other auctions, and sometimes even place a bid online.

How to Find Charity Car Auctions

Charity Car auctions are a great deal to everyone involved. The donator gets a free tax break while foregoing the hardships of selling and old vehicle. The buyer gets a vehicle for a very low price; usually below its actual market value. And the charity gets a portion of the proceeds from the car sales. Charity car actions aren't available just about everywhere though, as there isn't an abundance of donated cars around. Here are a few pointers of where to look for charity car auctions.

The first place to look for a charity car auction should be your own locale. Ask around town, maybe someone knows of one somewhere close. Also check your local newspaper for scheduled auctions in town. Public auctions regularly appear in classified ads of the local paper whether it's for charity or not. Reading the smaller ads might actually be good for you. Smaller ads understandably gets lesser attention, and the chance that only a few people attends these auctions also makes the price of the vehicle dip lower; since fewer people means less competition and lower final bids.

It is also a good choice to talk to the charities you want to help. Some charities do conduct their own auctions like the Salvation Army. You can check with them about their schedule of auctions and the exact locations where they would be holding their auction. Even if the charity you like doesn't hold its own auctions. You can still ask them which companies sponsor them, and they'd be more than happy to give you names, locations, and contact numbers. Sometimes the charity itself gets the donated cars. And you need not look any further. You can just ask them what's the brand and make of the cars that have been donated to them and the prices that they are willing to sell those at. You can then select a few charities to visit so that you can inspect the cars for yourself and have a feel for its performance.

The internet is also a good place to look for these options. Sites like cheapcarauctions.biz or car-auction-rewiews.biz could provide you with the information you need. You can also go to sites like donateacar.com and find out to which charity they send out the vehicles they receive to. Then there are sites like oppurtunitycars.com that don't go through charities. They just hand out the proceeds directly to needy families that need the financial support.

When calling your charities, you might also want to research about how much the charity actually gets from these auctions. Since the one who gets the car, cleans it up, and presents it at auctions for most cases isn't the actual charity itself. They do have contracts with certain companies to handle all these details and the charity just gets a cut from the total profits. Sometimes, the middlemen actually get a lot more than the charity itself. When participating in a charity car auction, it's always good to know that the majority of the profits went to the charity.

Getting a Car at Low Cost Auction Prices

The current economic climate has not only had a dramatic impact on the vehicle sales market itself, but also on the amount of money a consumer is prepared to pay when acquiring a new or used car.
For those lucky enough to have access to private or government auctions, there are still plenty of chances to pick up the bargain of a lifetime. Unfortunately, many of these auctions are restricted to selected or trade purchases meaning the man in the street has to look elsewhere when it comes to saving money on his next vehicle.
Because of the current recession, buyers shouldn't necessarily write off the possibility of buying a new vehicle if they have a healthy budget to begin with. New car showrooms are offering the types of deals that have seldom been seen before to try and move new models off of their forecourts.
Cash buyers won't actually be able to name their price, but they should be able to shave up to a couple of thousand pounds off of the asking price as well as having non-standard items fitted for free. Even finance is made attractive with 0% credit options spread out over a longer repayment period.
Second-hand traders are also struggling to move their stock. Many used car outlets offer extended warranties and a comprehensive series of pre-sale checks to ensure the vehicle for sale is in excellent working order. A cheap price with a good after-sales package can prove to be a very cost effective purchase.
Private used sales are an even better proposition. Many owners are literally desperate to sell because of their own financial obligations so getting the vehicle you want at the right price is becoming increasingly easy.
When purchasing privately, it really pays to take somebody along to check over the car that has a sound mechanical background. The vehicle should be thoroughly scrutinised for engine leaks, brake and tyre wear, dents and scratches to the body work and any other fault that may need money spending on in within the next few months.
Finding faults shouldn't necessarily mean the car shouldn't be purchased, as the costs of repair can be used as an effective bargaining tool when the time comes to negotiate a price.
In the current climate, a buyer should never be afraid to barter over the price of a vehicle. Effective use of body language, feigning disinterest and making a big deal over the 'imaginary' car you looked at earlier that was considerably better are powerful tactics that can drive a price down to rock-bottom levels.
Be prepared to invent partners who wouldn't like the vehicle anyway, and be very meticulous over shoddy body work. Touch dents and scratches to make sure the seller knows you've seen them.
Have a price in mind, and don't go above it of you really feel that the car isn't worth it. There will always be other cars, but there might not be another chance to drive off with that satisfying feeling of knowing you've just secured an absolute bargain.

Repo Car for Sale

Sometimes it's hard to find good deals on anything. Most people don't realize that there is a way to save thousands of dollars when they want to buy a new car. If you can find a repo car for sale at a public or government auction you can save big. And if you really do your homework you can buy an almost brand new car or truck at a huge discount. Everyday thousands of cars, truck, SUV's, motorcycles and RV's get seized or repossessed. There are many reasons for these seizures including defaulting on a bank loan, property seized due to local and federal police actions or car dealerships trying to get rid of older models. This can be a great find for someone looking to buy a new or used car because in most cases these agencies are just trying to get rid of the vehicles at any price. Another nice thing about getting a repo car at an auction is you don't get hit with the devaluation you normally would driving a new car off the lot. There's nothing worse than buying a nice brand new car and the moment you get in and drive it home it loses thousands of dollars in value. If you can find a car less then a year old at an auction chances are you will pay much less then what it would be worth as a used car and you don't have to worry about the loss of value. The original owner has already taken care of that for you. For a long time only dealers and car brokers knew that these repo car auctions even existed. For them it is a great deal because they can purchase cars for cheap, normally under the blue book value, and then seriously mark up the price when they put them on the used car lot. For a car dealer it was and still is a wise investment of money. These days with the advent of the internet it's easy for anyone to find not only a car auction but also a specific type of car or truck for sale at an auction near them. Internet auction sites give the car buyer the ability to search large public and government auction databases and find the car they want. If you are looking for a repo car for sale consider trying an internet auction service, there are thousands of good deals to be had.

Compare Different Car Loan Quotes to Choose the Best Rates

Often driving a new car is a fabulous experience but then selecting your car and negotiating upon the price of the car with the salesman is a headache. Above all if you have less than perfect credit, finding finance for your car makes it a dreadful experience. People often apply for the car loan with whichever rates they are offered first without taking into account the available rates in the market whereby they ultimately end up paying much higher rates. Thus comparing car loan rates makes a point while financing your car.

Getting best interest rates requires a great deal of analysis; which has been in short provided to you in the following Para. Understanding how car loans works, factors determining the rates and using a car loan calculator to calculate car payments can help you getting the best deal on your car financing. Basically rates are determined on the following factors:

Loan terms

Firstly you need to take into consideration the time period of loan, the time period of loan should be short enough to have your car within the short span and stop worrying over car repo. Secondly, the rate of interest as even a negligible difference in the interest rate can save over your millions of dollars on your car payments.

One should be clear in his mind before applying for a car about how much he/she could afford to pay each month. The amount should be decided considering your income and should not exceed your monthly budget. Keeping all this thing in mind you should aim to pay maximum each month in short time span. You also need to take in account the fees and prepayment penalties which you should avoid, that are charged by some of the lenders. One can take help of car loan calculator to determine the affordable monthly payment and interest rates.

Type/Value of car

Your new question to yourself should be what type of car you want to buy; a new or used and up to how much value? As this do affect car loan rates. Used car loan rates are generally higher as compared to new car loan rates because if the car loan goes into default lender cannot recover the whole loss from the used car. In short, purchasing a low-priced used car at a higher loan rate can be same as to buying an expensive new car at a lower rate.

Credit worthiness

If you don't have a credit history, or your credit score is below 600, you can still think of applying for a car loan. It can help improving your bad credit. However, getting a car loan pre-approved is always a better option as it gives an edge over your dealer.

Now-a-days with the sub prime lender you can get a lower rate as compared to normal market rates for people with bankruptcy, sub prime or zero credit scores. Applying online for this sub prime lenders prove even more advantageous as there you get a chance to compare rates from different lender at one place.

Hence it is so much essential that you compare car loan rates to get the best deal which make your payment more affordable while saving on your hard earned income. Online car finance companies give you the opportunity to comparing car loans rates with its nation wide network of lenders. As soon as you fill the application form, they forward it to auto loan specialist and they further sent it to your local lender network and allowing them to compete with each other, thereafter offering you with the best deal. Online Car Loan calculator can also help you determining your loan interest rates with your affordable monthly payments.

Cars For Sale – Government Car Auction – Japan Used Cars On Sale

Cars for sale at Goverment Auctions:

Government car auctions are now becoming more and more popular as time goes by simply because this is the perfect way for any individual be it car dealers, realtors, or even teen to buy cars or homes due to affordability. Cars for sale dealerships and realtors simply run to this auctions and buy cars and homes at extremely low prices and later sell them off at double or triple the price. In the past its only car dealers and realtors with special licenses who were allowed into this kinds of auctions because the government and other financial institutions had to sell off this repossessed cars and homes quickly inorder to cut cost of storage and maintenance. Today however things have changed because of the Internet, It is now possible for the government and other institutions to spread the word round about this auctions via Internet to enable anyone attend the auctions and buy. Click here to join now.

Once you join the Government car auction site you will get an excellent service to enable you save time and money with a detailed database site and much more information about government and other state auction sites and their contact telephone numbers. You will get access to thousands of repossessed cars for sale including Japan used cars both new and used cars including luxury cars and homes to choose from, you will also have the opportunity to shop at local and online auctions in every U.S state. You can now become that lucky buyer to drive away the car or home of your dreams because this auctions sometime have few people attending and therefore the repossessed cars and homes are auctioned at highly discounted prices.

Repossessed Cars for sale:

When buying repossessed cars don't think that these cars are always in bad shape, there are no pieces of junk, in fact you will be amazed to find that some of the cars are still in their brand new conditions with their warranty still on and you will be able to get a background information on the car you wish to buy since all this information is provided to you by the government auction free of charge.

Cars for sale auctions offer multiple benefits among buyers because bids are normally offered at low starting prices which makes it possible for you to save a lot of money, you can expect a wide rang of vehicles and homes to choose from and the price of the vehicles is not compromised by the quality of the vehicle and therefore it is possible for you to find the a car of your dreams at a price you can easily afford. You will be able to browse through all car models then bid and buy a car at an extremely discounted price of upto 90% off, you also get full access to other government auctions, dealer car auctions, online bidding, seized car listings Including Japan used cars, bank repo cars, police repo cars, buy offline from basic to luxury cars and homes and save thousands of dollars.

Everyday many citizens default on their car payment or are involved in criminal activities and tax evasion or simply fail to abide by certain laws which in turn causes the law enforcement agencies to seize and repossesses their cars and other properties indefinitely. Most of these cars and homes are repossessed from people involved in criminal activities or individuals and institutions with large amounts of loans and debt which they refuse or are unable to pay, for this reasons vehicles and homes repossessed in these kind of situations are quickly auctioned to enable the government and other lending institutions cover loses and minimize cost of storage and maintenance of this properties. These online auctions and auction centers need you to attend and buy because of the high expense of storage incurred. This is the perfect source for attaining the car or home of your dreams. Save time and money now, Click here to join Cars for sale 2009.

Cars For Sale – Repossessed Used Cars – Collection Of New And Used Japanese Cars

Repossessed Used Cars:

Every day thousands of Americans fail to abide by certain law or default on their car payments, which in turn cause the law enforcement agencies to seize and repossess their cars and other properties. Most of these used cars for sale/properties are repossessed from individuals or institutions with large amounts of debt and bank loans with they are unable or refuse to pay, the cars and property may also be repossessed from criminals or individuals involved in tax evasion. For this reason cars seized in these kinds of situations are quickly auctioned on non-profit basis to enable the banks and financial institutions cover losses and to minimize the cost of storage and maintenance.

Collection of new and used Japanese cars for sale:

Once these cars are repossessed by either the banks, police, IRS, customs, DEA, lending institutions etc, they are the brought together in a car auction this is usually a huge collection of all kinds of vehicles including used and new Japanese cars. These cars are then sold at highly discounted prices of up to 95% off, all this cars have clean records, low miles and in perfect condition. These is therefore a closely guarded recourse only used by car dealerships, realtors and exporters to buy and sell cars and homes due to the highly discounted prices and great car deals offered.

Car models at auction for sale:

Some of the car models at the auction are: Suzuki, GMC, Mercedes-Benz, Toyota, Honda, Mercury, Volkswagen, HUMMER, MINI, Volvo, Hyundai, Mitsubishi, Ferrari, Land Rover, Saab, Chrysler, Lexus, Saturn, Dodge, Lincoln, Subaru, Ford, Mazda, Acura, Infiniti, Nissan, Audi, Isuzu, Oldsmobile, BMW, Jaguar, Plymouth, Buick, Jeep, Pontiac, Cadillac, Kia, Porsche, Chevrolet, and many other models direct from Japan.

Largest variety collection of new and used Japanese cars for sale:

If you need to buy a car or would like to start a car dealership you are now in the right place, here you will be able to join Best car deals blog you will get instant access to one of the largest and the best automobile/homes auction that will save you a lot of money due to great discounts and very good irresistible deals. This is simply the perfect way for any individual be it a car dealer a realtor an exporter or even a student to get the best discounts possible.

Used cars auto auction:

Once you become a member of the auction you will get instant access to thousands of repossessed new and used cars for sale including luxury homes and other seized property, you will also get an opportunity to shop at local and online auctions all over the U.S (every U.S State). You can now become that lucky buyer and drive away with the car or home of your dreams since the site has implemented an awesome system for its members to utilize. The repossessed cars are kept in a warehouse, the homes repossessed and auctioned off in a hurry. These auctions sometimes have a few people attending and therefore the repossessed cars are sold at discounted prices.

Benefits of joining automobile auction networks:

Most people have a mentality that used cars are always in bad shape, once you become a member you will be surprised to find out that some of the repossessed cars are in brand new condition with their warranty still on them and you can also get background information of any vehicle you wish to buy, the auto auction will provide you with detailed information of any property to intend to buy plus money back guarantee incase of defaults.

Repossessed property auctions offer multiple benefits among buyers because they are being offered at low starting price and this makes it possible for you to save big money. Buyers can expect a wide range of vehicles to choose from and the quality of any vehicle is not compromised by the price. It is possible for you to find the car you have always wanted including rare models available at a price you can easily afford.

Cars for sale auction will offer you quality cars in a lot of ways, There are no pieces of junk, you will be amazed at how unbelievably good and well maintained these cars are being sold at a price that even teens can afford.

You also get full access to easy online bidding, seized car listings, dealer car auctions, bank repo vehicles, police repo vehicles, other government auctions, browse online listings or buy offline, From basic to luxury cars for sale and homes and save thousands of dollars.

In the past, only car dealers and realtors with special licenses could access these auctions, but now because of the internet, things have changed, big business has saturated the market in turn making it impossible for many of these repossessed cars and homes auction centers to get the word out. These auction centers and online Auctions need you to attend and buy because of the enormous expense to store these thousands of vehicles and homes. This is the absolute best way of attaining the car or home of your dreams for a fraction of what it would cost you otherwise. Visit best car deals blog now and become a member for you to benefit on this great discounts. (cars for sale 2009).

Repo Car Sales Can Save You Big on Your Next Vehicle Purchase

It's hard to deny that the price of buying a new car is always on the rise, making purchasing a car akin to buying a house. At least getting a loan for one is as much as a home equity loan in many cases. One way to get around paying such high prices for a new automobile is to find a repo car sales auction and get one for a fraction of the dealer sticker price.

This makes sense if you think about where most auto-dealerships get their used cars; repossessed and seized car auctions. By buying cars well below blue book value your local used car dealer then turns around and sells these cars to the public at or above blue book value. For years the car dealers were the middle men between vehicle auctions and the car buying public. That has changed with the proliferation of online car auction sites.

So where are all these cars being auctioned off come from? Many of them are bank repossessions where their customer can no longer make the payment on their loan and the bank takes the car back. The bank then puts the car, truck, or SUV up for auction with the idea of making back the amount that was left on the loan but not much else. This is the reason that you can find such good deal at repo car auctions.

There are several advantages to buying you next car at an auction instead of visiting your local dealership.

There is usually a large selection of quality cars, trucks, and SUVs to choose from. You will find every make and model as well. Again, many of these vehicles are new or 1 to 2 years old and are in excellent shape. Just because they were repossessed does not mean that they were not taken care of before hand.

You can also find significant savings on your next vehicle purchase, which is what makes these auctions so enticing for new car buyers. In many cases the winning bid will be thousands less then you would pay for the same car at a used car dealer.

Instant gratification in the fact that you got the car you wanted for a great price. Not only that you also get to drive it home with the title in the glove box. You will be expected to make full payment but once the deal is done you own the car free and clear.

If you are in the market for a new vehicle then repo car sales can be a great way to get the car you want for a great price. Take advantage of what car dealers have known for years, there isn't a better place to buy cars at big discounts then an auto auction.

Cars for Sale – Buy New & Used Cars – Repossessed Cars on Sale

Cars for Sale:

Are you looking for a "cars for sale" auction to buy a car/cars? At best car deals website you will get instant access to thousands of new and used repossessed homes, cars, trucks and SUV's on sale that have been seized by the government, police, IRS customs, DEA, banks and lending institutions etc, all car makes and models, new and used cars for sale from up to 95% off, used cars with low miles and clean records. This is a closely guarded resource only used by car dealerships and realtor to buy and sell cars and homes due to the extreme discounted prices and amazing deals not possible in any other way. Click here to see Best Car Deals site.

Repossessed Cars:

Every day thousands of Americans default on their car payments, or fail to abide by certain law which in turn, causes the law enforcement agencies to seize their cars and other property indefinitely. Some of these cars are repossessed from criminals and individuals or institutions with large amounts of bank loans and debts which they are unable or refuse to pay and also in cases of tax evasion. For this reason vehicles repossessed in these kinds of situation are quickly repossessed and auctioned on non – profit basis for the banks and lending institutions to cover loses and to minimize cost of storage and maintenance. This is therefore a perfect source for you to buy your dream car used / new. The general public does not know about kind of cars for sale and homes auctions! After being a member of the site there is no reason to buy from a dealership or realtor ever again!

New and Used Repossessed Cars for Sale:

Repossessed cars for sale auctions are now becoming more and more popular. This is the perfect way for any individual be it a car dealer or even students to buy cars due to affordability. Once you become a member of auction seized cars website you will get an excellent service to help you save time and money with a detailed database site and much more about government and state auctions sites and their contact phone numbers. This is the most updated database on government and state auctions with online support and live service to assist you and help you find exactly what you are looking for and make your shopping experience a pleasurable one.

Buy New & Used Cars:

Once you become a member you will get instant access to thousands of repossessed cars for sale both new and used cars to choose from including luxury homes. You will get an opportunity to shop at local and online auctions allover the U.S (every U.S state). The site has implemented an awesome system for its members to utilize and now you can become that lucky buyer and drive away with the car or home of your dreams! The repossessed cars are kept in a warehouse; the homes repossessed, and then auctioned off in a hurry. These auctions sometimes have a few people attending; therefore these repossessed cars are sold for bargain prices.

Some of the cars on sale are: Acura, Infiniti, Nissan, Audi, Isuzu, Oldsmobile, BMW, Jaguar, Plymouth, Buick, Jeep, Pontiac, Cadillac, Kia, Porsche, Chevrolet, Land Rover, Saab, Chrysler, Lexus, Saturn, Dodge, Lincoln, Subaru, Ford, Mazda, Suzuki, GMC, Mercedes-Benz, Toyota, Honda, Mercury, Volkswagen, HUMMER, MINI, Volvo, Hyundai, Mitsubishi, Ferrari

You will be able to browse through all this models and more then bid and buy these cars at unheard – of low prices of up to 90% off. You also get full access to easy online bidding, seized car listings, dealer car auctions, bank repo vehicles, police repo vehicles, other government auctions, browse online listings or buy offline, From basic to luxury cars for sale and homes and save thousands of dollars.

In the past, only car dealers and realtors with special licenses could access these auctions, only now cause of the internet, things have changed because big business has saturated the market in turn making it impossible for many of these repossessed cars and homes auction centers to get the word out. These auction centers and online Auctions need you to attend and buy because of the enormous expense to store these thousands of vehicles and homes. This is the absolute best way of attaining the car or home of your dreams for a fraction of what it would cost you otherwise.

Advantage of repossessed new and used cars auction:

Repossessed cars for sale auctions offer multiple benefits among buyers simply because they are being offered at a low starting price and this makes it possible for you to save big money, buyers can expect a whole wide range of choices for vehicles and the quality of the vehicles is not compromised by the prices. It is possible for you to find the car you have always wanted available at a price you can easily afford.

Besides a low starting price repossessed cars on sale auctions offer quality cars in a lot of ways, most of the cars are in top condition and will look quite new with the warrant still on. There are no pieces of junk in fact, you will be amazed at how unbelievably good and well maintained these cars are being sold at a price that even teenagers can afford.

If you buy repossessed cars, don't think that these cars are always in bad shape. You will be surprised to know that some of these repossessed cars are in brand new condition. You can get a background check on the vehicle you wish to buy; you should also be able to do a little research on its history and records. Repossessed cars for sale auctions usually give information regarding the repossessed cars for free, including history reports on the car that you wish to buy. Buy new & used cars click here to view and join cars for sale and Repossessed cars on sale at auction seized cars on sale site.