The time has come. The family is nagging you for that new car. However, finances are limited and we know money is not growing on trees. This is not a big problem and shouldn’t concern you. It’s definitely not strange to see people saving as much as possibly can on their purchases with the prevaling economic situation

We’ve all heard of the savings one can make at a police auto auction, but the question remains: Are they really as lucrative as many folks make them out to be.
You can get a better idea on the value of these auction by looking at the structure the auctions and origin & types of auto available at police auctions. These cars are generally vehicles which have been confiscated due to criminal activity. This simply means that police departments do not have the same objectives as creditor institutions who wish to attain maximum prices at these auction events. This is a perfect world for prospective buyer as you’re dealing with a seller that doesn’t really need to sell a product at market value.

So the idea of these police auto auctions seems attractive to you. So what should you do next?

The least complicated way to start is by contacting your local police department for the information. The odds are pretty good that the first person you’re speaking to won’t really know how to help you. Although not entirely impossible, consider yourself lucky if you are transferred right away to a relevant department that will have the information you need. Don’t overcompliacte things. Start simply by getting the list of dates and going to the next auction.

The general public also hear of the auction events through local newspapers, online announcements and other hardcopy advertising.

Now that you know the auction dates, really only about fifteen to 20% of your work is done. Your next move would be to get a catalogue from the auctioneering company which will list all the vehicles up for sale at the event. Using this catalogue you will be able to pinpoint the cars that you’ll be interested in.

After you obtained this list, focus your energy on doing your homework on these vehicles in the form of inspections, valuation calculations and in-depth research. This will help you identify the cars that are worthwhile bidding for and the ones that aren’t. They golden rule is not to get emotionally exited at the auction event but rather let your actions be guided by your research work. If you follow this particular ‘blueprint’ you will purchase your next vehicle for significantly less than what you intended!

So the time has come to purchase your new vehicle and money is a little in short supply. This is not a big problem and shouldn’t concern you. With the economy in the state that it’s in, it comes as no surprise that that folks are trying to save on their purchases as much as they can

We’ve all heard of the savings one can make at a police auto auction, but the question remains: Are they really as lucrative as many folks make them out to be.
Perhaps you can best answer this question by looking at the origin of autos sold at police auctions. The cars come from being confiscated from criminals or involvement in illegal activities. This simply imples that, compared to a financial institution, police departments don’t have any motivation to achieve high prices at the auction events. Buyers couldn’t ask for anything better than this. It’s simple to see why, because you are buying something from a seller that will sell at a suitable non-market related price.

So you like what you hear and the idea of autos at police auctions. So what should you do next?

The easiest thing you can do is to get in touch with your local police station. The possibility is of course always there that the first person you contact won’t have a aclue how to direct or assist you. If lady luck is on your side, you may actually be pointed in the right direction straight away and transferred to the relevant finance department. Get the information from these guys and go to the very next auction – really simple.

The general public also hear of the auction events through local newspapers, online announcements and other hardcopy advertising.

So once you know when the next event is held, you’ve only really done about 25% of the job. After having done this you shoul obtain a brochure which will list all the cars that will be sold by the police department. You can normally get this from the auctioneer. On this list you can identify a shortlist of vehicles that are of interest to you.

Once you have this list, focus on doing thorough research, background checks, inspections and valuations on these cars. This will really enable you to identify the autos that are worth your time to bid on, and the cars that aren’t. They golden rule is not to get emotionally exited at the auction event but rather let your actions be guided by your research work. Following these rules will result in you saving thousands and paying less than what you originally hoped for!

Sure they do. You will find anything in car auctions, from full throttle cars to un-drivable junks. For some, other’s junk cars can constitute a profit opportunity. There are businessmen that buy these cars, running or not, from accidents or just too old, and use their parts to repair other cars. Others simply don’t have a lot of money and want a car for driving around, and can’t afford more than a damaged car.

So, because of this increased request of malfunctioning vehicles, car auctions holders decided to organized special auctions for damaged cars. The damaged car auctions occur pretty often, because not all cars sell so quickly and many people prefer selling a damaged car rather than repairing it. They try to get a minimal profit for the old car here to cover some of the expenses of the new car they’re gonna buy. It’s quite obvious that damaged cars are sold for very little, and sometimes they can be really good cars, that require some repairing but were initially expensive cars. Fixing a scooter for your kid easy, but you likely won’t find a cheap Razor Powerwing scooter in these actions.

No one should be going to these types of auction simply because they heard rumors of low prices. Make sure you know exactly why you want a damaged car. Having technical background is a good reason. Being a car salesman is also a pretty good reason. But the normal person, that wants a car for driving, what can that person do with a damaged car? If you can answer this question, and make a detailed plan of how to repair it and what defects you can cope with, then you can go head and make a purchase at a damaged cars auction.

Make sure you know what you’re bidding on. Do check parked vehicles before auction starts. {Check any visible defects, and also ask the owner to open the car so you can inspect the interior. Check the exterior, the lights, the engine and also enter the car if possible. You should try to enter the vehicle after checking the exterior parts.} If a heavy smell can be felt, if rust and uncomfortable chairs are present, know that these can be caused by water therefore that is a car damaged by floods. It’s not recommended to buy such a car unless you are prepared to change almost everything about it. The cars witch have non working engines must be viewed by a specialist, so bring your mechanic along.You can look at damaged engines yourself if you have a little skills and also inform yourself well before coming to the auction.