I'm pretty sure by now you've heard plenty of stories about used car public auctions. From saving thousands at a cheap auction to tell sell nothing buy junk, the stories differ from one extreme to the other. But which ones are true and which ones are coming from hear say? Well the answer is pretty simple: You can save thousands of dollars off of well maintained used car. But, they are not all created equal.
Since most of the cars at a used car public auction are seized by the government, police, bank, etc., the cars are usually in good condition. With the current downturn of the economy, a lot of people are getting their cars seized because they simply cannot afford their payments, owe back taxes, or have gotten their car impounded and cannot afford the impound fee. So, you can drive away with good car for next to nothing.
But, that doesn't mean that all of the cars sold there are in perfect condition. So, you really need to give each and every car you are bidding on a good inspection before you consider buying. Remember that all of these cars are sold in as-is condition, which means once you buy it, the auction house is not responsible for any repairs it might need. It might need something as small as new brakes or an oil change. Or something major like a new transmission. So, it would be in your best interest to take a mechanic along with you.
So, used public car auctions are more of a dream than a scheme. While you can get great cars for pennies on the dollar, there is also a slim chance that you will run across a couple of beaters. But, you can avoid them altogether by bringing a mechanic with you or giving the car a good inspection yourself before bidding. Either way you go, you're bound to come across some real bargains.
Did you know that some used car auctions have cars for under $1,000? Yep, it's pretty cool. Want to know where to find one? Then visit MyCarAuctionReview.com for a review of the best car auction sites around.
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