Government Seized Car Auctions
Government seized auto auctions are a novel way to purchase a luxury or sports car at unbelievable prices. These are the cars, boats and other vehicles seized by the government because someone couldn’t pay his taxes or because the property is ill-gotten gains as the result of criminal activity. Cars also come to auction because the lease a governmental agency had on a car came to an end.
| Rank | Name | Rating | Info | |
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CarAuctionINC.com | Review | ||
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Car-Auction.com | Review | ||
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Gov-Auctions.org | Review | ||
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SeizeCars.com | Review | ||
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TheCarPass.com | Review |
Why are government seized vehicles sold at ridiculously low prices?
Gov auctions are held by numerous federal and state agencies to rid themselves of excess vehicles. The money they obtain through car auctions is used to assist the agency in its role. Sometimes this means that the money gained through government seized car auctions – and even government boat auctions – goes directly back into fighting the crimes that they resulted from.
Why should I buy from a government seized car auction?
The cars in these auctions average only 2-3 years in age and have had only one previous owner. Most have been driven 40,000 miles or less. The best part of the whole deal is that you can get gently used cars at up to 90 percent off the retail price. Additionally, you don’t have to deal with high pressure sales tactics on a used car lot, and you don’t have to wonder if you are buying someone else’s problems through a private sale. In short, you set the price you want to pay, and you can walk away from the deal at any time if the price isn’t right.
Who can purchase goverment seized cars?
Anyone who is at least 18 years of age and is a registered driver can bid in governmental auctions. However, employees of the government agency sponsoring the auction and their immediate families may be prohibited from bidding. Employees of other agencies are generally allowed to purchase from a government seized auto auction unless that agency specifically prohibits such practices.
How many cars will the government auction and where?
Auctions are held by virtually every governmental body in the United States. These vehicles are sold by federal, state, county and local agencies, in part, to assist in funding their businesses. For example, the U.S. General Services Administration estimates it will auction 35,000 vehicles in one year – and that’s just one agency! While these car auctions are held throughout the year, sales peak between April and September.