There are advantages and disadvantages to purchasing a vehicle at a government or police auction instead of going to a car dealership. Many people don't realize it, but the police seize thousands vehicles every month and in most cases auction them off to the general public at greatly reduced prices.
Government auctions are a well kept secret that dealerships would rather you not know about. They purchase these vehicles themselves for very low prices and sell them to the rest of the public for good profit. The more consumers become educated about police auctions, the more competition they face at the auction plus car dealerships sales they could potential lose that business.
So why does 90% of the general public buy from car dealerships? Well that's a good question and I think it comes down to education. People are simply not aware or these government and police vehicle auctions. The government would be ridiculed is they spent money on advertising. Here is a list of advantages and disadvantages in buying at these auctions:
Advantages:
- Business Methodology allows much lower prices.
- No matter where you live, there are typically many auctions held around your area
- Detailed listings of vehicles at government and police auctions are now available on the Internet
- There is a large selection of vehicles that can be found at police auctions including: cars, jeeps, trucks, minivans, ATV's and more!
- No middleman for you to have to deal with or pay
- No commissioned salesperson to have to deal with
- Seller is motivated and doesn't want to handle inventory, everything has to be sold!
- Possible advantages to income taxes (establish a business name)
- Usually pay less car taxes
- Start your own business (i.e. Sell cars on the Internet)
Disadvantages:
- Most sales are made in cash so credit is typically not offered
- No extended warranty beyond what the manufacturer offers. Most used dealerships give only 30 days
If it's not a problem paying cash, or you can get credit elsewhere, then the advantages outweigh the disadvantages. Just remember to bring a mechanic or car expert who understands vehicles with you to the auction. They will inspect the vehicles that you're interested in to make sure you get a great deal.
About the Author:
To find vehicles at the best police auction sites check out government auctions review or more directly click Police Auctions, Seized Cars, Trucks, Boats, Vehicles
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