Police Vehicle Auctions - Pros & Cons vs Car Dealerships
by: DougSmith | Total views: 18 | Word Count: 337 | View PDF | Print View
Instead of going to a car dealership and buying vehicles the usual way, have you ever considered visiting a government or police auction? If you're not aware, the police seize thousands of cars and other vehicles every month and often auction them off to the general public at extremely reduced prices.
In fact these auctions are a secret that car dealerships don't want you to know about. An educated consumer could pose as a potential threat to at least a portion of their business.
Yet over 90% of the population still goes to car dealerships to purchase their vehicles. People are simply not aware of the great deals that police auctions have to offer. The government isn't about to spend any budget publicizing the auctions either. Below is a list of pros of advantages versus disadvantages in buying vehicles at these auctions:
Advantages:
- Business Methodology allows much lower prices.
- Police auctions are held everywhere in US and Canada.
- Detailed listings of vehicles at government and police auctions are now available on the Internet
- Typically there is a wide selection of vehicles (i.e. could find a BWM, Jeep, Porsche and Chevy at one auction)
- no distribution channel (car dealership) to go through or to pay
- No annoying commissioned salesperson to deal with
- Motivated seller who doesn't have the resources or time to deal with inventory, therefore offering vehicles based on no reserve bidding
- Better income tax advantages (run as a business)
- Car taxes are typically less
- Once you understand process you can do as a side business (i.e sale cars in Autotrader.com or eBay)
Disadvantages:
- Most sales are made in cash so credit is typically not offered
- No warranty period beyond manufacturer warrenty, although most used dealerships only provide 30 days or so
If you don't mind paying cash for a near new vehicle, then the advantages obviously outweigh the advantages. Don't forget to have someone with you who understands vehicles to inspect the ones you're interested in.
About the Author
To locate automobiles at the top police auction sites check out government auctions review or more directly click Police Auctions, Seized Cars, Trucks, Boats, Vehicles
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