But that doesn’t mean there still aren’t good deals to be had at local auctions, because as intimidating as it may sound, there’s a reason dedicated bidders still show up to these things every week. You just have to remain skeptical and attentive if you want to take home the right ride, because you never know what might show up, and by using these 10 tips, you might land a gem.
Every month across the United States, thousands of vehicles are seized by different Government agencies (IRS, DEA, FBI) and Police departments and auctioned off to the public at incredible deals. Due to certain laws these vehicles are listed and sold at up to 95% OFF their original value. Many auctions start as low as $100. Government pre-owned/surplus vehicles are well maintained and are usually only 2-3 yrs old. We provide you with immediate access to 4,000+ updated auctions nationwide, NOT searchable elsewhere on the Internet and with guaranteed listings in every state. If you are looking for quality cheap cars then check out US government auctions today.
Seized property disputes can sometimes arise for various reasons. For instance, financing and mortgage issues can still arise, as the buyer still needs to find their own financing for the home purchase. Less common are other issues such as title defects and other concerns with the title. Since the sale is usually due to a judicial intervention, quiet title proceedings are usually not involved. However, a quiet title proceeding can be necessary in instances where the buyer discovers a defect with the title.
The goods you buy from government auctions are “as is.” Look on the “Terms and Conditions” page before bidding to understand the process. A typical auction page states, for example, that the auction site doesn’t guarantee the quality of the product in any way. Once you bid, you enter a legally binding contract, and you need to follow through with your bid.