| Ever wonder how dealers get their cars so cheap | | | | Typically an auction center will provide a free 3-month |
| before they mark them up and sell them to you at a | | | | limited warranty on any seized car you buy. An |
| profit? Sometimes they do it by purchasing | | | | extended warranty may also be available for an extra |
| government and bank seized cars at auctions. | | | | cost. One thing to keep in mind, however, is that some |
| Auctions on government and bank seized cars are | | | | of the vehicles are newer and may still have the |
| held throughout the United States. How much you end | | | | balance of the manufacturer's warranty. If you don't |
| up saving depends, of course, on a number of factors. | | | | check into warranty information you may end up |
| The most important factors are the type of vehicle | | | | buying a vehicle "as is". If you do so and you bought a |
| (make and model) and how much competition there is | | | | lemon, you cannot return it and you are stuck having |
| for the vehicle you want. Many times, there is little | | | | wasted your time and money. |
| competition at auctions. It is oftentimes possible to buy | | | | If you want to get started buying seized cars, trucks |
| seized cars for as much as 90% off blue book value. | | | | and SUVs, the first step is finding a reputable auction |
| There are also online auctions almost daily where you | | | | site. They will give you all of the information you need |
| can purchase the exact car you're looking for. These | | | | to buy seized vehicles. They should also provide |
| auction sites will require a small fee for their services, | | | | tutorials and guides that help you show up prepared. |
| but they allow you to search by exact make and | | | | And preparation is the key. If you don't prepare |
| model. You may be able to purchase the exact | | | | properly, you may find that you've successfully bid on |
| vehicle you're looking for online, even though it may be | | | | a vehicle but that you don't have enough to pay for it |
| located across the country. Because you will not be | | | | or the right payment method. |
| physically inspecting it, you may want to make sure | | | | There is also plenty of other information out there |
| you get a vehicle history report before purchasing this | | | | about how you can buy bank seized cars. |
| way. | | | | |