| What is all this hoorah surrounding public auto auctions? | | | | stock. |
| A lot of people easily brush it off as mere hype | | | | Alternatively you can focus your efforts on |
| intended to trick people into thinking they can get cars | | | | government auctions. These are public auto auction |
| for cheap, whilst in actual fact they buy junk for very | | | | types that many people have successfully used in the |
| expensive prices. | | | | past. We know that government nowadays is bigger |
| The truth of the matter is however that if you know | | | | than it has ever been. This means that there's a |
| where to look and what to look for, you can pick up | | | | sizable active player in the economy, actively buying |
| absolute gems at public auto actions. Forget cash for | | | | and SELLING cars at cheap prices. You can look for |
| clunkers - rather save thousands of dollars buying at | | | | federal, state or even local city auctions to pick up that |
| public auctions where you can still get quality cars at | | | | dream car you have in mind. Then there are also a |
| really low prices. | | | | number of agencies that auction seized assets due to |
| Generally there are two broad categories of public | | | | criminal investigations, customs seizures, etc. |
| auto auctions. These are private and government | | | | You are just about guaranteed to find knockout |
| auctions. | | | | bargains at any of the above mentioned events. |
| Private auctions are generally a little more 'off-limits' to | | | | Remember however that competition is tight, so be |
| the general public as opposed to government auctions. | | | | sure to be well prepared for the day of the auction. |
| Generally it's more professional dealers that have | | | | The industry secret to being successful at these |
| access to these. Nevertheless you can still find private | | | | auctions is to be the most knowledgeable guy in the |
| companies conduction public auto auctions by | | | | room on all the available stock. If you know the ins and |
| themselves or through contracted auctioning | | | | outs of the auto's that are up for grabs you won't buy |
| companies. You'll find the sellers include finance | | | | a piece of junk and will focus your efforts on the really |
| companies that have repossessed vehicles, car rental | | | | good stuff. |
| companies that are selling their older models as well as | | | | So good luck bargain hunting at the public auto |
| car dealers wishing to offload some of their surplus | | | | auctions! |