Saturday, September 23, 2023
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT US
198 Automobile News
No Result
View All Result
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us
No Result
View All Result
198 Automobile News
No Result
View All Result
Home Auto Auctions

Bank Seized Cars For Pennies on the Dollar – Find Out the Secrets the Dealers Don’t Want You to Know

by The Editor
October 9, 2020
in Auto Auctions
0
Bank Seized Cars For Pennies on the Dollar – Find Out the Secrets the Dealers Don’t Want You to Know
Share on FacebookShare on TwitterShare on EMail

[ad_1]

Ever wonder how dealers get their cars so cheap before they mark them up and sell them to you at a profit? Sometimes they do it by purchasing government and bank seized cars at auctions.  Auctions on government and bank seized cars are held throughout the United States.  How much you end up saving depends, of course, on a number of factors. The most important factors are the type of vehicle (make and model) and how much competition there is for the vehicle you want. Many times, there is little competition at auctions. It is oftentimes possible to buy seized cars for as much as 90% off blue book value.

There are also online auctions almost daily where you can purchase the exact car you’re looking for. These auction sites will require a small fee for their services, but they allow you to search by exact make and model. You may be able to purchase the exact vehicle you’re looking for online, even though it may be located across the country. Because you will not be physically inspecting it, you may want to make sure you get a vehicle history report before purchasing this way.

Typically an auction center will provide a free 3-month limited warranty on any seized car you buy. An extended warranty may also be available for an extra cost. One thing to keep in mind, however, is that some of the vehicles are newer and may still have the balance of the manufacturer’s warranty.  If you don’t check into warranty information you may end up buying a vehicle “as is”.  If you do so and you bought a lemon, you cannot return it and you are stuck having wasted your time and money.

If you want to get started buying seized cars, trucks and SUVs, the first step is finding a reputable auction site. They will give you all of the information you need to buy seized vehicles.  They should also provide tutorials and guides that help you show up prepared.  And preparation is the key.  If you don’t prepare properly, you may find that you’ve successfully bid on a vehicle but that you don’t have enough to pay for it or the right payment method. 

There is also plenty of other information out there about how you can buy bank seized cars.

[ad_2]

Source by Edward Lake

ShareTweetSend

Related Posts

Car Impound Auctios Focus – Pick Up Cheap Vehicles at Car Impound Auctions

Car Impound Auctios Focus – Pick Up Cheap Vehicles at Car Impound Auctions

by The Editor
October 9, 2020
0

The present generation of car lovers would surely love the idea of buying cars with up to 50% discounts from...

Used Car Online Auction

Used Car Online Auction

by The Editor
October 9, 2020
0

I am going to show you the ropes of just how easy it is, to purchase a car from a...

Car Liquidation – What It Can Mean For You

Car Liquidation – What It Can Mean For You

by The Editor
October 9, 2020
0

There are two types of car liquidation: voluntary and compulsory. A voluntary liquidation is when a car dealership agrees to...

How to Buy Back Your Own Car at a Vehicle Auction

How to Buy Back Your Own Car at a Vehicle Auction

by The Editor
October 9, 2020
0

Until you've gotten some huge cash, if you get a automotive typically you'll take out a mortgage on the automotive...

A Guide to Los Angeles Public Car Auctions

A Guide to Los Angeles Public Car Auctions

by The Editor
October 9, 2020
0

If you wish to dwell or work in Los Angeles, it's important that you've a automotive. Certain, there may be...

Used Cars In Cincinnati – Police Car Auction – Your Best Decision

Used Cars In Cincinnati – Police Car Auction – Your Best Decision

by The Editor
October 9, 2020
0

There are numerous methods to purchase a used automobile in Cincinnati and different cities. As for me, the perfect alternative...

Load More
Next Post
Common Salvage Car Issues to Avoid

Common Salvage Car Issues to Avoid

Automobile Sector – The Indian Scenario!

Automobile Sector - The Indian Scenario!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

No Content Available
Load More
198 Automobile News

Get the latest automotive news and follow the coverage of updates, new release, auctions, deals and and more from the world's top trusted sources.

Follow Us

Categories

  • Auto Auctions
  • Autodeals
  • Blog
  • Brands
  • Business
  • Clubs
  • Global Trends
  • News
  • Reviews
  • Videos

Recent News

CerebrumX’s deep learning platform hints at the future of connected vehicle data

CerebrumX’s deep learning platform hints at the future of connected vehicle data

August 5, 2022
Food delivery strike in Malaysia today – Grab responds

Food delivery strike in Malaysia today – Grab responds

August 5, 2022
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2020 198 Automobile News.

No Result
View All Result
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us

Copyright © 2020 198 Automobile News.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?