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Have you ever felt you wanted to own a car, but were held back by your tight budget? A GSA auto auction may be the answer to your transportation needs. However, are you aware of what takes place on an auction, and what it really is? Auctions An auction is a buy-and-sell process wherein goods and services are first offered up for bidding. Afterwards, the sellers take bids and note the prices offered by the participants. The item will be sold to the highest bidder. The earliest records of auctions taking place were as early as 500 BC. It is the least common way of trading and exchanging goods and services; haggling and selling with a set price being the more common ones. Car Auctions Cars are one of the items more frequently auctioned. That's why if you feel that you want to buy a car, it’s highly advisable to check first if there are government public car sales taking place. You may see there are a lot of great options if you check those out that offer lower prices than the usual car sales. GSA The United States General Services Administration (GSA) auto auction takes place every month. They auction a large number of vehicles that were held by government agencies such as the IRS, DEA and FBI. The cars are sold at very low prices; some as low as 95% off their original value. You don’t have to worry about the quality of these cars as the vehicles auctioned are just 2-3 years old, and are still very well maintained. The auctions are held on registered auction lots on various locations around the United States. All you need to do is to register. Registration is very simple as it would only need you to confirm that you are at least 18 years old, give a valid Social Security Number or Taxpayers ID number, and declare that you are free from any debts on any property purchased before from the US Government. There are no fees that need to be paid for; it's free to register, and there are no buyer's fee charged as well. After registration, you can just get a bidder number at the auction house before the sale takes place. If it's your first time to take part on a GSA auto auction, you can familiarize yourself with how it goes by attending mock auctions that happens before the auction itself. Reminders If you have questions during the auction, don't hesitate to ask for help. Auction spotters can always give a hand if needed. It would also help to bring a friend along to overcome shyness. A lot of vehicles are being auctioned at the venue so it would help checking out the auction catalog to narrow down your choices. At least, you have an idea which vehicles are the ones most likely to catch your eye. Quality and Savings Auto auctions are held to assist buyers who need quality cars for a lower price. For all you know, you'll be able to find here the ideal car, on an ideal budget. If you are looking for information on GSA auto auction just click on the link. Or you can visit http://usedonlinecars.com/ for a free 5 Day Auction Guide available where you can get upfront info before signing up with the membership site.
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