Repossessed government or police auctions can be used to find great bargains on vehicles. If you know how and where to look, you can find a repossessed car for a fraction of its true value. This article will guide you in the right direction for locating repossessed car auctions. Use this guide to find great deals on vehicles and you can walk away from an auction with more in your driveway and in your wallet!

A repossessed vehicle is not actually sold for profit, but as a way for the government to recoup some of the money lost by the lender. If there’s one thing the government doesn’t want to spend money on, it’s the storage costs associated with keeping all repossessed cars on government property. They are eager to sell the cars at any price, just to get rid of them.

Cars can be repossessed for a variety of reasons:

• If a car owner doesn’t keep up with payments
• When a car owner is arrested, the vehicle is often recovered.
• If the owner did not pay certain taxes

As you can imagine, this can create a large number of vehicles that will be offered to the public in the form of an online or live auction. But how can the average person find repossessed cars at rock-bottom prices? Repossessed cars are usually sold at government auctions and police auctions. There are different ways to know when these auctions will be listed online or will take place if it is a live auction on the site. You can try local publications, but information on government or police auctions is sparse as they usually don’t have an advertising budget. The most current, easiest and most comprehensive means of finding these auctions is through websites that will provide access to a list of current online police auctions and upcoming live repossessed auto auctions in your area.

Please note that repossessed cars at auction are sold “as is”. You’ll need to research the types of cars available to make sure you don’t get a lemon. If you’re not a car expert yourself, you should consider bringing one to auction. I would recommend checking with one before making any purchases, and this applies whenever you buy a used vehicle.

In short, the government and police need to get rid of repossessed cars quickly, and this provides opportunities for people who appreciate great value. Because most of the general public is not aware that repossessed cars are sold that way and at very low prices, you won’t have as much competition as if you were selling somewhere else. The only thing you’ll really have to worry about is that the car you’re buying is in good working order. If you know how to verify that, you’ll get a great deal on your next vehicle!