|My Account Tip Center Report|
Every month across the United States, government agencies such as the IRS, DEA, FBI & police departments seize thousands of vehicles. This results in a large inventory of police seized cars that are auctioned off to the public. These police seized cars for sale are listed and sold up to 95% less than their market value. Many police seized cars for sale start at $100 and most police seized cars for sale are less than three years old. A police seized car can be a great way to find bargains on cars. A police seized cars can range from junk vehicles abandoned by owners, to vehicles seized from criminal involvement.
There are a number of agencies that host auctions of police seized cars for sale all over the country. It can be local police, state law enforcement, a federal law enforcement agency such as the DEA, or FBI or by professional auction companies under contract by the agency.
Upcoming auctions for police seized cars is typically advertised in the largest of local newspapers. The announcements are usually made on a specific schedule, for example, the first Sunday of the month. Most announcements for auctions providing police seized cars for sale typically provide a fairly detailed list of what will be sold, although some provide little or no information at all.
You can do the research yourself and find seized car auctions on your own or pay a fee and use online services with directories of seized car auctions all over the U.S. Using these seized car auction directories do cost money but can save you a lot of time.
You can locate the police seized car auctions in your area from the newspaper, online recources or by contacting the department in charge of seized car auctions at your local police station. If there is an inspection period before the police seized car auction, be sure to go early to view the seized car(s) of interest. This inspection period usually lasts two to three hours.
It is very important to research used car values before bidding on a police seized car for sale. You can use a cell phone with internet access for a website such as KellyBluebook.com while at the seized car auction. If you do not have a cell phone to access the internet, bring a used-car value guidebook to find the value of the seized car of interest. There are rules and procedures at seized car auctions and they move very fast. It can be a little confusing at first so you may want to audit a couple before taking part in the bidding on a seized car for sale.
If you anticipate bidding on police seized cars at an auction, it is imperative to bring all finances to pay for items won in the bidding. Some police seized cars auctions require proof of ability to pay to even bid. Typically cash, cashiers check, or credit approval documents are all acceptable forms of payment. Some police seized cars have pre-registration fee or a buyer's premium fee on top of the sale price so be prepared to pay these fees at the time of admittance or purchase.
One very important thing to bear in mind when considering the purchase of police seized cars for sale is that all sales are final, as-is. There is no warranty or returning the car if problems are found.
You can get a great deal and most certainly excitement by attending police seized car auctions, but always do the homework and a get a CARFAX vehicle history report before buying a police seized car.