Where Are the Cheap Car Auctions Being Held?
- Author Madhan Kumar
- Published May 11, 2010
- Word count 411
Buying a new branded car has become a distant dream for many of us especially during a time when there is recession and global economy is trying to revive. But do we need to stop dreaming to drive a branded car? In fact, this is a good time to buy really cheap cars with good conditions. Is it difficult to find these cars? Not really, if you know where you need to look for them.
You can find these types of cars at various auto auctions, and that is the place where most of the car dealers buy their requirements even at a huge discounts. If you can be smart enough you can strike a good deal. The price of the car may be some time as cheap as 10 percent of the book value.
Going at the root of how these cars come for auction. These cars are repossessed due to various reasons like government excess vehicles and may be that someone was not able to repay his loan. They come from various sources like police departments, hospitals, non-profit organizations, Federal and state Governments. These vehicles will be mostly probably be well maintained, will have a very low mileage and will most probably be less than three years and you can get with log books with complete service history.
These types of used cheap cars, trucks will have clean titles. Every day and every week, huge list of automobiles keep getting added to the list and hence, there is never a short supply for the demand. There is always a wide range of choice available, be it any model, make, price range, economy or luxury, you can always find one you are looking for.
Every state host these live auctions which are many times allowed to be attended by general public and are sometimes allowed to take part in the auction. These auctions will happen in many cities and around each and every state so you should be able to locate one which is close to your vicinity. There are various types of auctions which happens like fleet liquidation sales, local police auctions or government surplus auctions.
In case you want to buy a car and there is a budget constraint, you need to think again, and likely there is used cheap car sales are going on somewhere close by. Do not spend on new branded car where you can buy a good reliable car for few thousands of dollars less.
Madhan Kumar is a expert to comment on Repo Cars. For more great information on used cheap car sales, visit http://repocarsforsale.info.
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