| I find it unfortunate that many people simply write-off | | | | getting a great deal due to someone else's misfortune. |
| the potential savings found at public car auctions. It | | | | But there's nothing you can do about that and |
| seems like many people assume that the cars sold at | | | | someone's going to buy that car. |
| these events are all clunkers in bad condition. | | | | Buying at an auction really isn't very different than |
| It's too bad because there really are some good deals | | | | buying anywhere else, whether it be directly from a |
| to be had on nice cars as well. Sure, there are old cars | | | | Dealer or a vehicle sold by the owner. There are good |
| in bad condition at these auctions. But it is also true that | | | | ones and there are bad ones. No matter where you |
| there are nice, low-mileage ones too. | | | | purchase your next car, your job is the same ... to |
| For example, there was recently a Treasury | | | | avoid the bad ones. |
| Department auction here in Miami that had a beautiful | | | | Get car values from Kelly Blue Book and NadaGuides. |
| Rolls Royce and a bunch of gorgeous classic models | | | | Get the vehicle's History Report from CarFax or |
| that had been repossessed by the IRS. There was | | | | AutoCheck. And check the car out mechanically the |
| nothing the matter with these vehicles. People simply | | | | same way you would if buying from a Dealer or an |
| didn't pay their taxes and the IRS seized them. | | | | individual. This means if you don't know vehicles, get |
| Many bank and credit union repos also find their way | | | | someone who does to help. |
| to these auctions. Some are practically brand new. | | | | So, if you've written-off your local car auctions, you |
| It's not that unusual for a person to have unforeseen | | | | may want to reconsider. The savings are often |
| financial difficulties, sometimes within just several | | | | substantial. |
| months of their purchase. Now, it may not feel right | | | | |