Tuesday, September 05, 2006

Buy Cheap Vehicles From Federal Government Auctions - 5 Tips

By Anthony Lee

According to observers and analysts, it is surprising to note that, nowadays, there are more and more people who are preferring to buy cars at the Federal Government's car auctions.

Because there are more and more shoppers at government car auctions, sometimes, what are supposed to be cheap cars are made expensive and more costly. That is because the auction process solicits bids that topple each other just to get hold of a particular car.

It would be helpful if such people would take note of the following practical and logical tips on how they could secure vehicles at Federal Government auctions, at practically cheap prices. Here are some of those tips.

1. Be on the look out for announcements about forthcoming vehicle auctions by the Federal Government. As the saying goes, 'early birds catch early worms.' Being the first to bid would not ensure that you get the car, but it will give you a better bearing and position to keep the billing ball rolling.

2. Set your preferences and goals before going to the auction. Your main goal is to purchase at cheap prices, so doing otherwise would not only cost you more, but make you fail in attaining your goal.

3. Invite an expert or a more experienced peer or friend when coming over a Federal Government-sponsored vehicle auction. The move would ensure that you get the sound and right guidance and advice about bidding and choosing a particular repossessed and foreclosed vehicle for sale.

4. Inspect the car of your choice. Do it very thoroughly and carefully. Since the car is already a second-hand good, it would be inevitable that there are little or major flaws and defects on the engine or other parts. The presence of such defects should reflect in the tag price, making that car cheaper.

5. Inquire about the legal papers and documents that must come along with the car. You would not want to press yourself against such issues when you've already won the bidding process, so better do it ahead.

When aiming to buy vehicles from Federal Government-sponsored auctions, make sure that you so not lose your focus. Focus on the car, the price and the other tenders.

1 comment:

Anonymous said...

There is a database that list all of these auctions. Here is a link:
http://www.auction-database.com