Government Repossessed Car Auctions

by : Davion W

If you have ever heard of government repossessed car auctions, you know that vehicles there are sold at unbelievably low prices. You might have also heard that some guys make huge profits out of their car reselling business thanks to these auctions. So, if you are on an auto hunt, wait no longer. Locate the next government repossessed car auction in your area and make the best out of it!

Unfortunately, it is often easier said than done. Since these auctions rarely advertise on a large scale, an ordinary consumer gets to know about one either by a word of mouth or sheer luck. Yet, a lot of regularly hold cheap auto auctions come and go unnoticed, even the ones close to you. So, what can you do in order to track these government repossessed car auctions?

One way is to perform an extensive search on your own. Check national and local newspapers for the auction announcements and keep doing it regularly. Some large newspapers publish their classified ads online as well. The drawback of this method is obvious: if you can find an auction that is advertised in a national newspaper, so can other people; in other words, the auction is likely to draw a lot of participants, intensifying the competition.

Note that in many cases, government is not interested in paying for a big advertising campaign, since the vehicles are sold at 80-90% off their market value. Therefore, many government repossessed car auctions are held by small privately owned auction companies, hardly known to public. Ideally, you need to locate this type of an auction, because fewer people mean fewer bids and more chances to win an awesome bargain.

You can try and contact various government agencies on local, federal and state levels to gather information on auto auction locations and schedules. And though your investigation can take days, chances are you will find what you were looking for.

Don't forget to check out financial institutions and banks as well - they are the main suppliers of repossessed vehicles, so they should be able to provide you with the desired information.

In case you want to save your time and energy, there is an easier way to find what you want. Specially compiled online directories provide you with all the information on government repossessed car auctions in your area as well as across the entire country for a low one-time fee, and you can search their database on an unlimited basis.

Run an instant search at the site listed below for government repossessed car auctions near you today.