Friday, February 1, 2008

Government Seized Cars - Truth or Scam?

Everyday people are buying government seized and repossessed cars online up to 95% off and saving $1000's. This goes on silently as auction winners keep this information to themselves because of the amazing deals they're getting. It is also a common technique that car dealerships use in order to turn a nice profit. Dealers buy a handful of used cars from these online car auctions and then sell them to people like you and I for a highly marked up price. I say, cut the middle-man out, and get a great deal yourself!

First you're probably wondering if these cars are legit, or if there's something fishy going on since the savings are so great!? Well every day the government seizes cars from people who default on their lease payments or car loans. After the cars are seized, they get auctioned off quickly to recover the costs of storing and maintaining the vehicles. Basically it is much too expensive for the government to keep these vehicles around, so they simply must get rid of them fast!

Another great thing about government seized online car auctions is that the government bodies take extremely good care of their vehicles, so they're all in great shape. It is actually part of their organizational responsibility to comply with work safety legislation and properly maintain each vehicle.

A nice bonus is that most of the government seized online car auction sites also give you access to SUV's, trucks, RV's, motorcycles, ATV's, and boat auctions. There are really a ton of awesome deals to be had!

If you're wondering about how many miles/kilometres the cars have, this information is actually supplied for pretty much every auction. The majority of cars sold on these online car auction sites come with service history information and various stamped log books so you can view all the important details before you even place a bid. Not to mention that many of the great deals you'll find are on cars that are only a couple years old and still under the manufacturer's warranty!

Not only are there amazing deals on great economy friendly cars and family vans, but I recently happened to find a really nice 2005 Acura that I picked up for dirt cheap!

These government seized online car auctions are definitely something you need to check out if you're looking for great prices on barely used cars.

My TOP choice for a website that lists government seized cars and the auction locations and timings is Car-Auction Database. Go ahead, click here, sign up for the low one-time fee and save yourself $1000's.