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“Subscibe To and Bid on Online Government Auto Auctions only after you learn the ropes”

I got scammed by a government auto auction site that promised the world and delivered much less. The cost of the membership at $49.95 for one year was not a big deal, but in the end there were very few vehicles that met my criteria.

I have tried out many repossessed, police seized and government auction sites that I have found online. In most cases, the sites did not live up to the hype. Most seem to be looking for the quick sale and just don’t have the inventory they promise. To me that is a scam. Most of these sites refunded the money when I asked for it, but some didn’t even live up to that promise.

However, legitimate auto auction sites are out there and that is the good news. You can find great deals if you are willing to do some work to prepare to bid intelligently. This article will help you make the right decisions from the start.

I can vouch for the fact that you can purchase a used or seized car from an online auction site for a fraction of its’ market value if you first DO the research, DO NOT stray from your numbers and most importantly BE PATIENT for the best deal. Also…and I ask that you take my word for it…stick to the top 3 or 4 sites that will find and sell you your next great car. They have more auctions, more vehicles and more support and training. They run an honest site and if you keep your eyes open and remain patient your dream car will become available at a great bargain. Not matter what you are looking for it is out there, trust me.

You will never find that great deal at an online auto auction unless you know a deal when you see one. Do the research on a car model you are interested in and know that car like the back of your hand. How does mileage affect value? What are each of the options worth? What about condition? Once you get this information from sources like Kelley Blue Book or Edmunds, stick to the numbers when you start bidding. Don’t bid beyond your target price. Your deal is out there if and only if you are patient. If you need a car today, don’t buy it at an auction unless you do your research first.

After you have determined a fair value for the model you are interested in, use the top auction sites to see if you are in the ball park. These sites will show you what similar cars have sold for. Use more than one example and take an average. This check will tell you real value and could translate into a real deal once the bidding begins. Don’t get into a bidding war just because you like a car. Another one, just like it, is just around the corner at the price you have set as a goal. Never overbid; remember you are looking for a deal.

Armed with this advice, read about the 4 best government auto auction sites you should consider when conducting your search. I have rated several seized vehicle auctions here that rated 4 out of 5 stars or better

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