Author: maxdirect enterprises llc
When you look for your next car why not take advantage of the Federal Governments car surplus situation. They ship their surplus cars to various repo car auction companies where all the cars must be auctioned off. The Government does not want any of the cars back. Each Government vehicle must be sold to the highest bidder, even if the bid is below the value for that car.
The low starting bids that are commonly found, like $100 or $500 will vary depending on the repo car auction company. This gives you a chance to bid on luxury cars starting at $100 or $500. This combination of a low starting bid and every car must be sold, is the winning edge you need. The Government does not care so much about maximum profit, you could almost say they are giving back to the people.
Some of the cars seized by the Federal Government are luxury cars. The Federal Government must sometimes seize the property of people who don't pay their taxes or were involved in crime. No doubt these people spent some of the tax money on luxury cars, soon to be at a repo car auction.
Most of the Government seized luxury cars are in good shape and are not very old. Just for comparison purpose, let's look at other sources for auction cars. Cars are brought to auction by private parties, car dealers, car manufacturers, banks, car rental companies and commercial business. Every effort is usually made by this group to recover any loss and to make a maximum profit. The cars may sell somewhere between the opening price and the car trade in value or excessive bidding may even cause the price to exceed the trade in value of the vehicles, but there is no winner until bidding exceeds any minimum price set by the seller.
The Government seized cars can be sold for less than trade in value if the bidding doesn't get too hot. The bidding may start low but may be bid up pretty fast at a repo car auction that has too many participants. The smaller auctions or the less known repo car sales should have the best prices if they don't get over crowded with bidders.
When you look for your next car why not take advantage of the Federal Governments car surplus situation. They ship their surplus cars to various repo car auction companies where all the cars must be auctioned off. The Government does not want any of the cars back. Each Government vehicle must be sold to the highest bidder, even if the bid is below the value for that car.
The low starting bids that are commonly found, like $100 or $500 will vary depending on the repo car auction company. This gives you a chance to bid on luxury cars starting at $100 or $500. This combination of a low starting bid and every car must be sold, is the winning edge you need. The Government does not care so much about maximum profit, you could almost say they are giving back to the people.
Some of the cars seized by the Federal Government are luxury cars. The Federal Government must sometimes seize the property of people who don't pay their taxes or were involved in crime. No doubt these people spent some of the tax money on luxury cars, soon to be at a repo car auction.
Most of the Government seized luxury cars are in good shape and are not very old. Just for comparison purpose, let's look at other sources for auction cars. Cars are brought to auction by private parties, car dealers, car manufacturers, banks, car rental companies and commercial business. Every effort is usually made by this group to recover any loss and to make a maximum profit. The cars may sell somewhere between the opening price and the car trade in value or excessive bidding may even cause the price to exceed the trade in value of the vehicles, but there is no winner until bidding exceeds any minimum price set by the seller.
The Government seized cars can be sold for less than trade in value if the bidding doesn't get too hot. The bidding may start low but may be bid up pretty fast at a repo car auction that has too many participants. The smaller auctions or the less known repo car sales should have the best prices if they don't get over crowded with bidders.
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