Federal Auto Auction

Even in these trying economic times there is still a way for the general public to acquire well maintained vehicles at significant savings. Of course I am talking about the ever reliable Government Auto Auctions, where the general public can purchase pre-owned American-built vehicles. At times, it is not uncommon to find Alternative Fuel Vehicles, which is almost impossible to find at any other Auction.

These Government surplus vehicles which are generally under the control of the General Services Administration are mainly two or three year vehicles. Such fleet comprise of cars, trucks, vans and SUVs. All well maintained and ready for immediate sale. These Government Auto Auctions are held nationwide at scheduled times throughout most of the year, and are always open to the public.

You can be assured that the General Services Administration is dedicated to serving the needs of those who, for years, have dreamed of satisfying their transportation needs with a steal of a deal. The idea behind their efforts is to make you auction experience a rewarding and enjoyable one. In fact you are encouraged to familiarize yourself in advance with the way their Auctions are conducted.

All Government Auto Auctions are conducted through registered auction lots across the United States. You are required to register and secure your bidder number at the auction site prior to the commencement of the sale.

Next, it’s time to inspect the vehicles so as to familiarize yourself with those vehicles that peak your interest. Some experienced bidders as much as check out their prospective vehicles at the auction house’s Inspection Day. Bear in mind that there may be as many as a few hundred vehicles slated for a single auction, which means that a couple hours, at the least, should be allowed for a detailed inspection.

It is important to thoroughly review the Auction Catalog so as to get as much information on the vehicles you have decided on after the physical inspection. And I said “vehicles” because there is never going to be a guarantee that you will win at your first bid. These catalogs list the vehicles in the order they will be offered for sale. The listings will include the vehicles’ make, model, year, mileage, VIN# and any special features. By now I’m sure you see why a Government Auto Auction is so superior to any other.

Finally, you should use resources like Kelly Blue Book, National Auto Dealers Association and Edmunds among others, to determine the present cost of your targeted vehicle in advance of making a bid. Another important factor to keep in mind is that all used vehicles are not the same. A vehicle may have a higher or lower mileage than a similar one. The condition may differ as well as the included options. So be sure to make allowance for these differences, since they can play a significant role in the price you bid.

Bear in mind that you will be bidding against people like yourself who are also looking for a deal. So don’t for one moment feel that you are bidding too low. However if that’s the case, remember there is that other vehicle you looked at still to come.

Article Source:

http://EzineArticles.com/?expert=Lyndon_Kitt

Buying a used car can be a hassle. Normally you will spend all day trekking from one used car dealership to another and end up not even buying anything. So you’ve wasted a day and are tired and  frustrated at the outrageous prices that dealers want for their cars. You don’t have to do that, there is an easier way to buy a used car and the best part is that you will save a lot of money.

So how can you do that? By going to a government auto auction. There are many public auto auctions located in every state. These police auctions have repo cars and trucks plus government surplus vehicles that are auctioned off and sold to the highest bidder. That means that you can get a quality vehicle for a fraction of the original cost. Imagine saving thousands of dollars on the car that you’ve always wanted.

These cars, trucks and SUV’s can be sold so cheap because they are vehicles that have been repossessed by banks. The original owner has defaulted on their loan, so now the bank has possession of the vehicle. The banks now want to get rid of the automobile as soon as possible to recoup their money. Auctions provide a way that they can move these vehicles fast and easy.

There are also government surplus vehicles at auto auctions. These vehicles come from both federal and state government, police and sheriff’s departments, fire, emergency, hospital and ambulance services just to name a few. These automobiles are very well maintained and many of them will come with log books as well as the service history. The majority of these vehicles will be only two to three years old, have low mileage and some may still be under the manufacturers warranty.

If you are looking for a reliable used vehicle that will save you thousands of dollars, police and government auctions are the answer. You sure can’t beat the price or the quality of these used cars and trucks. After buying an auto here, you will never go back to a dealership again.

Article Source:

http://EzineArticles.com/?expert=Rick_Reynolds

Did you ever wonder what happens to all that government equipment that is

purchased each year by federal, state, and local governments? They don’t just throw

it away! By law, all unused and out-dated equipment must be sold back to the

public at a public auction! That’s right. Everything is available to you and I the

American taxpayer. There are primarily two ways that the government does this: on-

site auctions or online auctions.

At an on-site auction, the government agency disposing of the property must

usually post a public notice about the auction such as the location, date, time, and

items to be auctioned off. There is usually an inspection period, especially if there

are high-priced items that are to be auctioned off. Bidding is usually open to

anyone, but you generally must pre-register on-site at the auction to bid. On site

auctions may include items like used vehicles, boats, aircraft, computer equipment

and military surplus. Some of the items are new, most are used, and a small

percentage of it is salvage.

Online Auctions are available to anyone with an internet connection and can be

found on various website. The federal government typically uses the GSA auction

site at gsa.gov/auctions. The military uses govliquidation.com. State and local

governments may have their own websites. You may need to call your local

government agency to find out how they handle surplus property.

The fun part is actually bidding and winning items. You can easily purchase things

at 80%-90% off of retail! I personally purchased a color laser printer at 10% of it’s

value! Granted, I needed to drive 3 hours to pick it up and I needed to clean it once I

got it home, but it works flawlessly.

The business part of the equation is in purchasing large lots of equipment. I

personally buy and sell large quantities of computer and office equipment. You can

purchase computer and monitors by the skid load! I resell to friends and neighbors

who get a good deal as well. I can sell them equipment 50% off of retail and still

double my money! The local government auctions usually have the best deals as

there are typically fewer bidders competing against you. I purchased $12,000 worth

of computer equipment for $65! I also picked up a conference table and beautiful

retro conference chairs!

Remember though, to bid with your head and not above it. Research carefully what

you are interested in and what it would bring in resale. Set a firm price in your mind

and don’t go over that price. Don’t ever get caught up in the heat of the moment

when the bidding starts going crazy! Take a step back and re-evaluate before you

pay more for something than you wanted to.

Article Source:

http://EzineArticles.com/?expert=Dean_Novosat

A federal auto auction is a great source of used government cars and legally seized vehicles. The used cars tend to be just two or three years old and you can get up to 95% off the current market value of these cars at auction. As you can imagine vehicles that have been legally seized can range from the ordinary to the luxury end of the market. You may find at some government auctions that other goods ranging from property and boats to jewelry and unclaimed cash are also auctioned. You can get a really good used car at a price that is much lower than you would expect if you know how to approach this type of car sale.

Firstly, you will need to know where the auctions are being held. This information can occasionally be found in local newspapers but they are not widely advertised to the public, even though members of the public are welcome to attend. There are online services that provide you with comprehensive auction listings in your area.

I would advise you to be prepared. Remember professional buyers get what they want at the lowest possible price. If you go in blind you will be distracted by all the shiny things you see and you may not achieve your goals. Get a list of the vehicles up for sale and make a shortlist of the ones you are interested in. Check out the market prices and if possible run a vehicle check so that you know the full history of the car.

If you are interested in a seized vehicle and like me, you are not familiar with the inner workings of a car, it is often worthwhile asking a friend or someone knowledgeable about cars to attend the auction with you. They can make sure everything is in order with the vehicle. However, if you are thinking of buying a government used car then you will usually find that they come with stamped log books and a full service history.

You will find some really great bargains at a federal auto auction, particularly if you choose one that is not busy with attendees. Bids usually start at as low as $100. In order to get the inside scoop on all the auctions in your area, so that you have the best advantage at the auction and pay the lowest price possible, I would suggest that you look at an online service that provides comprehensive listings. These services often provide additional information that can really help you secure your car at the very lowest price.

Article Source:

http://EzineArticles.com/?expert=Joe_Reilly