Every year the government seizes thousands of cars from all types of people. I should know cause I was one of them, I got my car seized when I was 20 because I could not afford the car payments. I was not happy about that but it happens, especially when someone gets a car note that they cant afford. Actually 62% of people that finance a car cant afford it with their budget. So they end up going in debt and keep going in debt. That's one reason why the economy is as bad as it is now.
When the government seizes these cars, it costs too much money for them to store them. So what do they do with them? They auction off the cars and this is when it is great for us the consumer. The only thing about these auctions is that they are private and you have to pay to sign up for the guest list. These Government Auctions have all types of cars, trucks, motorcycles, and dirt bikes that you can choose from. And you can search for any car that you want and it will tell you what auctions they will be at. So you can find the exact car you want.
The absolute best part about these auctions is the price of the cars. These cars go for about 70% less than what they are worth. That means if a car is usually about $10,000 the most you would pay would be about three thousand. It could be cheaper especially if you are the only person bidding on the car.
I have gotten three cars from government auctions. I have gotten a 2007 Chevy Impala for about $2000 which I sold for about $8000 which is a $6000 profit. With that $6000 I bought a 2006 BMW for $3000 and I bought a 2007 Nissan Maxima for $2500 for my little brother. I plan to get another car soon but I am fine right now with my BMW. I would like for you to be satisfied with the car you want with the price you want. Cars does not have to cost you your whole life not if you are smart about. Government are perfect if you don't have the money to finance a car. I would suggest anyone to check out a government car auction near you just to see how it works.
When the government seizes these cars, it costs too much money for them to store them. So what do they do with them? They auction off the cars and this is when it is great for us the consumer. The only thing about these auctions is that they are private and you have to pay to sign up for the guest list. These Government Auctions have all types of cars, trucks, motorcycles, and dirt bikes that you can choose from. And you can search for any car that you want and it will tell you what auctions they will be at. So you can find the exact car you want.
The absolute best part about these auctions is the price of the cars. These cars go for about 70% less than what they are worth. That means if a car is usually about $10,000 the most you would pay would be about three thousand. It could be cheaper especially if you are the only person bidding on the car.
I have gotten three cars from government auctions. I have gotten a 2007 Chevy Impala for about $2000 which I sold for about $8000 which is a $6000 profit. With that $6000 I bought a 2006 BMW for $3000 and I bought a 2007 Nissan Maxima for $2500 for my little brother. I plan to get another car soon but I am fine right now with my BMW. I would like for you to be satisfied with the car you want with the price you want. Cars does not have to cost you your whole life not if you are smart about. Government are perfect if you don't have the money to finance a car. I would suggest anyone to check out a government car auction near you just to see how it works.
Labels: cars reviews
