gov-auctions

Government and Police Auctions for Cars, Trucks and SUVs

Are you Ready to Buy your First Car?

Like your first date or first day of school, buying your first car is a milestone that can be both daunting and exhilarating. Nothing quite beats the freedom of your own vehicle to get you where you want to go, but with a car comes financial responsibilities that can quickly turn into burdens if you’re not prepared. With that in mind, here’s some tips and information to help you decide if you’re truly ready to buy your first car.

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5 Things You Should Budget for When Buying a Car at Auction

Buying a car is a big investment, however the purchase price for the vehicle doesn’t represent the entire cost. In order to start driving, you’re going to need to budget some additional money to pay for upkeep, insurance and a few other things that might arise.

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4 Incredible Vehicles that have been Sold at Auction

At any auction house, you’re bound to see a few strange and fantastic cars come through. From cheap luxury car models sold at auction, wacky custom models and hand-tooled projects to famous cars straight off the movie set, you never know what you’ll find at an auction.

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5 Winter Car Maintenance Hacks You’ll be Thankful for These Holidays

As those chilly winter months hit, you’ll need to start taking steps to ensure your automobile’s safety. During winter, it’s no longer a question of having enough gas in the tank and the keys in the ignition; you’ll have to deal with frost, and the wear and tear it can put upon an engine in both the short term (i.e: starting it up) and the long term. During the winter cars take longer to start up, wear out more quickly, and have a much bigger chance of failing when you really need them, but following a few tips and tricks can make a big difference. Let’s go over a couple that’ll extend the life of your vehicle and ultimately save you a lot of money in repairs and maintenance costs.

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How Does MPG (Miles Per Gallon) Affect Car Prices At Auction?

Even if you are buying a car at an auction, it is still essential that you base your choice in certain criteria. After all, you are spending money. One of these is miles per gallon (MPG). Miles per gallon is exactly what it is—how much miles you travel per gallon. For example, if the vehicle as 30 mpg, it means it reaches 30 miles before one gallon of the gasoline is used up. Since 2010, vehicles now bear an mpg label from the Environment Protection Agency (EPA), the numbers of which stand for three things: city mpg, highway mpg, and combined mpg. These numbers can be found usually in a window sticker. If you are not sure where it is, ask the seller or the auctioneer. Where it is, is the least of your concerns, however. What you must understand is why mpg matters especially on its effect on possible car auction price. Importance of MPG Mpg has been used as a measure of fuel efficiency or fuel economy, which means how good the car is in burning fuel. To make this explanation even more simplistic, a car with high mpg means you are getting more for your money. That is some good news for people who are getting more concerned about the rising fuel costs. By knowing the mpg, you should have a much better idea as to how much you will likely spend every time you travel in different conditions. Further, a higher mpg may be viewed as more environment friendly since it consumes less gasoline and produces lower carbon emissions. When it comes to auction prices, therefore, cars with a lower mpg may cost less to make them more attractive to potential buyers. But … Wait! To consider mpg as the only factor in choosing a car at an auction is not ideal. In fact, many auto experts believe that the system is far from perfect for a variety of reasons. One, trading a car with a lower mpg with something higher does not always translate to cost of savings. It could be possible that the new car may also require more expensive maintenance. Some also argue that there seems to be a mismatch between the numbers in the EPA label and the actual mpg. For example, a car that is supposed to have 25 mpg may have 23 mpg in reality. Of course, many factors can affect the actual number such as driving skills and weather, but the bottom line is, those in the EPA label may not be gospel truth. Further, as a buyer, you need to find a vehicle that suits your purpose. Trucks usually have a lower mpg, but they may make better sense than getting a sedan if the intention of buying is for business. While mpg may still have weight, it is not the be all end all when it comes to choosing your vehicle. Go beyond it and consider other buying-related factors, and you have a much higher chance of choosing the right vehicle in an auction

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How to Increase the Resale Value of Your Car

A car is a major purchase, so it’s worth putting extra effort into maintaining your car’s value from the very first day of ownership. While cars start depreciating in value from day one, there are definitely things car owners can do to maximise returns when the time comes to sell their vehicle. These tips for maintaining and raising the value of your car will allow you to obtain the best possible price for your vehicle whether you’re planning to sell now or a few years in the future.

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A Guide to Finding The Best Car Loan Rates

For most people, purchasing a car will be one of the largest purchases they’ll ever make. There’s not really much that stacks up to the sheer monetary value of a car in most people’s houses, with the exception of the house itself.

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GSA Auctions Can Produce Cheap Car Deals for Buyers

How do you acquire a second-hand car? Most probably you go to your nearest or trusted car dealer, ask for recommendations from friends and family, or check out the listings in Craigslist or eBay. Do you know that you can actually get a great vehicle for an incredibly cheap price at an auction? In fact, to be more specific, you can join a General Services Administration (GSA) auction. What Is GSA? GSA is an independent agency of the federal government, which simply means that it forms part of your very own government. It performs a variety of functions, but they are related to procurement and management of a wide variety of assets. While that may sound easy to you, it really isn’t. To give you an idea on how important the agency is, know that it has a budget of more than $26 billion each year and is composed of over 10,000 employees! What’s Their Business with Auctions? One of the most common misconceptions when it comes to auctions is that the government has no business in participating in it. On the contrary, some of the biggest auction programs are sponsored or organized by the government itself. There are many reasons why GSA auctions are beneficial especially for those who are seeking high-quality second-hand vehicles: They have a very huge inventory of vehicles. All agencies in the government need vehicles, which may range from sedans that are converted into police cars, trucks, airplanes, and vans. These vehicles are more likely new. Can you imagine the government spending money on vehicles that may not be reliable in the first place? For this reason, they have to decommission or change their old units after a few years. They are also more likely to be properly maintained. The government allocates a good amount of money for the maintenance of the vehicles not only to make them last longer but to also ensure the safety of the users. They have clean titles. Of course, the government will never use vehicles that may have unclear or missing titles, more so keep vehicles that may be branded as lemon, junk, or salvage.   Unloading of Assets GSA ends up holding auctions mainly to unload their growing assets. As mentioned, the agency is in charge not only in the acquisition but their management. They know that vehicles that are no longer needed or have been labeled as surplus will only eat up a part of their budget for maintenance. Rather than cost something, they might as well earn something from these assets. GSA auctions are available to the public, giving you a great access to some of the best possessions of the government. They may be scheduled in a local level, so don’t forget to visit your state’s official website or GSA website for information on when the auctions will be. Another option is to subscribe to online auction listings that can generate an extensive number of auctions that may be happening within your area, including GSA auctions.

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6 Signs It’s Time For A New Car

Buying a new car can be overwhelming. Questions like “Will it work with my budget?” and “Will it suit my needs as a driver?” are important to ask. If you do your research, ask the right people, and know when the best time is to start looking, your new car could be cheaper and more efficient than you imagined. We know it can be hard to let go of your old reliable vehicle (maybe it has sentimental value) but sometimes we have to accept when it’s time to get a new one. After all, if it’s costing your bottom line and creating more hazards than preventing them, it’s draining your quality of life and it shouldn’t be.

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Bidding Tips for Online Auto Auctions

Would you like to join an online auto auction? We’ve got some nice tips for you so you can wing it like a pro:   Know where to buy your vehicles. There are actually different types of online auto auctions: for dealers or wholesale buyers only, government, and public. Of the three, the best would be a government auction since you’re more assured of the types of vehicles that are being auctioned. Keep in mind that units are sold in as-is basis. It’s not the job of the auctioneer to repair and maintain these vehicles while they’re still up for bidding.   Pick auction sites with lots of cars. More cars, higher chances of buying one that’s cheap. Further, because bidders can be spread out, and the car you’re eyeing for may have a few bidders. Less competition means smaller incremental increases on bidding price. This gives you the opportunity to snatch a vehicle that’s at least 30% less its market or trade-in value.   Research, research, research. Although online car auctions save you the hassle of traveling and being exposed to heat, they don’t allow you to inspect vehicles personally. In other words, you will never really know if the vehicle’s photos and descriptions are honest. The next best thing you can do is to research. Find out:   VIN of the vehicle History of the car Features of the vehicle Possible issues with the car   Fortunately, you have time to learn all these since lots are often published many days before the auction begins. Read and learn as much as you can about them. You can get the information you need through the auctioneers and other reading materials available online and offline. You can also consult an auto technician for more information.   Compare prices. For any bidder, price is always one of the topmost concerns. After all, it’s why you’re joining the online auction in the first place. Compare prices between online auctions, then between an online auction and your local dealers. Use websites such as Edmunds.com, NADA.com, or Kelley’s Blue Book for research. Based on the estimated prices from these websites and your car research, you pretty much have an idea about how much you’re willing to pay for the vehicle.   Consider many vehicles. You’re up against many bidders, so there’s a good chance you won’t get what you like. Unless you have set your eyes on a particular model, consider at least three to five vehicles.   Begin near your turf. One of the things bidders often forget is that they’re responsible for getting the vehicle from the auction. Since you can’t drive it yet, your options are towing, securing a transport carrier, or using the auction house’s transport service, all of which means extra costs that can be worth more than a thousand dollars. Thus, try online auctions within your area first.   Don’t get carried away. Strong emotions such as excitement or frustration can cloud your judgment. When bidding, learn not to invest any emotion. Use your set price as your guide so you won’t end up spending more than you should.

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