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If you are in need of a car but with a tight budget, you may want to try checking out the latest police car auctions. No, the cars up for grabs here are not laden with bullets or smashed windows. Contrary to what most people think, vehicles found in police car auctions are considered great rides, but you can get at affordable rates. Police Impounded Cars Cars impounded by the police, or the other agencies such as the highway patrol, FBI, sheriff, Border Patrol, and DEA as criminals' seized properties are kept on government facilities. These vehicles are obtained through "seizure and surplus" laws, and the government wants to get rid of them as soon as possible. Since they practically got it for free, they are able to sell the vehicles to the highest bidder at very low prices. More often than not, they would want to dispose the vehicles since it just takes up space. Older models can be sold for as low as $1000. There are several types of vehicles sold at police car auctions. Aside from cars, motorcycles, ATVs, trucks and even airplanes can be sold. Auction Process The auction taking place is the same as how the other vehicles are sold. You need to get in touch first with your local police department to find out when the next police car auction will be. Sometimes, notices are also posted on the newspapers so you can check that as well. You can then find out what the requirements for registration are. Most potential bidders are asked to register for the auction prior to it taking place. At times, a small fee is also paid to qualify for bidding. Check with the police department if they have a list of vehicles for auction. They may also allow you, if possible, to check any of the cars up for auction. Sometimes, the cars are auctioned online so checking the cars may not always be possible. If you are going to do online bidding, check the website and inspect the specifications of the car you are looking to bid for. Check the make & model, as well as information available about the car. Look for the car's title as well -- it is needed if you want to obtain insurance for your car. It will also let you do some research on the history of the vehicle. The auction sites also provide information on how much the price of the car will more likely be. Take note of other amounts aside from the purchase price itself, such as sales tax, so that you have an idea on how much is the maximum amount that you will spend. The sites may also give details on what paperwork you are going to need if you have the winning bid. A car loan can also help you bid confidently and afterwards close the sale. Final Purchase Don't get carried away in bidding; you might end up paying more than you expected, thus defeating the purpose on why you are joining the auction in the first place -- that is to save money, but being able to purchase a new car. If you are looking for information on police car auctions 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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