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.
In fact these auctions are a secret that car dealerships don't want you to know about. An educated consumer could pose as a potential threat to at least a portion of their 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.
- Police auctions are held everywhere in US and Canada.
- Information regarding government and police auctions with vehicle listing detail is now available on the web
- There is usually a wide selection of vehicles that can be found at government auctions - sports cars, SUV's, pick up trucks, motorcycles, jeeps, etc.
- No middleman for you to have to deal with or pay
- No annoying commissioned salesperson to deal with
- Seller is motivated and doesn't want to handle inventory, everything has to be sold!
- Better income tax advantages (run as a business)
- Car taxes are typically less
- Start your own business (i.e. Sell cars on the Internet)
Disadvantages:
- Most of the sales are cash only (any credit would have be done externally)
- 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 locate automobiles 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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