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.