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Auto Auction - A Great Place To Buy A Cheap Car

March 5th, 2007    Subscribe To Our Feed

If you’re looking for an automobile but have a very small budget to go around, then an auction of repossessed cars might be the answer to all your problems. Normally, the government and banking institutions seize thousands of cars every day due to a variety of laws, violations and as debt payments.

The government and banks put these automobiles for auction since it is cheaper for them. You see, when they seized or repossessed cars, they have to store them someplace and the costs of storage is a little bit high and not to mention the deterioration and depreciation of the cars would gain if they are put to storage over a long time.

That’s why they want to dispose these kinds of automobiles the soonest time possible even if it means selling them at way below their appraised value. The answer is conducting a confiscated auto auction. There are times where banks and the government sell these automobiles at 80% to 90% off retail value.

Automobiles that are auctioned off by the government usually comes from the Internal Revenue Service (IRS), U.S. Marshals Service (USMS), U.S. Customs Service, from the State and local Police/Sheriff’s Auctions, U.S. Department Of Defense, Small Business Administration, U.S. Bankruptcy Court, U.S. Department Of The Treasury, Regional Government Public Auctions, Department of Defense Reutilization and Marketing Service (DRMS) and even in other departments like Department of Energy (DOE) and Department of Agriculture (USDA).

It’s just a matter of taking time and looking around these departments’ circulars and confiscated auto auction notices. It would also help if you know someone in the inside so you could be informed immediately about any auctions.

However, when you go to confiscated auto auction venues, you need to remember two basic things, and these are applicable to most types of auctions. First, you need to run a CARFAX Vehicle History Report on the vehicle’s VIN# before you even buy the car. And second, when you have decided to purchase a car you will be needing to buy it an extended warranty. Also remember to give the warranty a thorough glance and review and compare them with other insurance/warranty companies.

But since a confiscated auto auction is such a great place to buy a car, why is it not well publicized. The truth behind confiscated auto auction is that car dealers don’t want to let the general public to get to know about this so much. If the general public will start going to these auctions and start bidding on their own, I’m sure car dealerships’ sales will definitely be affected; most probably sales will go down considerably.

Barrett-Jackson: The World’s Greatest Collector Car Event

March 4th, 2007    Subscribe To Our Feed

Price: $19.16 USD

Lowest used price: $13.68 USD

Book Description
Tom Barrett had a 1933 Cadillac V-16 Town Car he wanted to sell; Russ Jackson came to see it. How this simple meeting between two car buffs in Scottsdale, Arizona, in 1960 started what would someday be the most prestigious collector Car Auction in the world is the story told in Barrett-Jackson: The Standard for Classic and Collector Cars.Highlighting some of the most important collector cars ever offered, and featuring photographs from Barrett-Jacksons extensive collection, this book follows the unfolding of a lifelong friendship and partnershipand the building of a brilliant tradition.From the 1967 fund-raiser Fiesta del los Auto Elegance to the first classic Car Auction in 1971, from the trend- (and record-) setting events that made their name to the high-tech, family-run enterprise Barrett-Jackson has become, the book chronicles a legend built on a mutual passionan American success story founded on that most American of icons, the classic car.

From the Inside Flap
Tom Barrett had a 1933 Cadillac V-16 Town Car he wanted to sell; Russ Jackson came to see it. How this simple meeting between two car buffs in Scottsdale, Arizona, in 1960 started what would someday be the most prestigious collector car event in the world is the story told in Barrett-Jackson: World’s Greatest Collector Car Event.

From the start of the Fiesta de los Autos Elegantes in 1967 to the first classic Car Auction in 1971, to the record-breaking participation in the 1980’s, to live television coverage in the 1990s, and on to record-breaking sales in the 2000s, Barrett-Jackson has become more than just an auction.

It garnered national media attention in 1971 when Tom Barrett’s Mercedes 770 Phaeton sold for a cool $153,000. The annual auction aired live on SPEED channel in 1997, and held a cyber-cast in 1998. And with an addition of Family Value Day in 2006, Barrett-Jackson has stretched to reach people from all walks, and even those to young to walk. The annual Barrett-Jackson Collector Car Event has truly become an experience for the whole family, whether at the auction or from the comfort of the couch.

As staff, trends, and times change, on thing remains the same. Barrett-Jackson has become—and intends to stay—the World’s Greatest Collector Car Event.

A Few Words About The Barrett Jackson Car Auction In Arizona

February 26th, 2007    Subscribe To Our Feed

If you type in Barrett Jackson and the phrase Car Auction in the popular search engine, Google, you will find over forty thousand references to the Barrett Jackson Car Auction in Arizona are located on the world wide web.  As you start scrolling through the results a trend becomes evident…  It seems the Barrett Jackson Car Auction in Arizona is a great annual event and has received almost a cult following of motor vehicle enthusiasts who flocked to Arizona to be present at a recent Barrett Jackson Car Auction in Arizona.

Barrett Jackson Car Auction in Arizona have long been a Mecca for purists seeking the thrill of buying a classic car.  With large assortments of vehicles for sale at No Reserve auctions, Barrett Jackson Car Auction in Arizona are very large events which are known for drawing both the general car enthusiast public and celebrities looking for their next ride.  The recent week long event in Scottsdale, Arizona was billed the most successful collector Car Auction in history with total sales reaching nearly one hundred twelve million US dollars.

What Brings People To Barrett Jackson Car Auctions In Arizona?

Why do so many people flock to these lustrous events?  A few facts about the most recent  event should help to clarify the question.  The Barrett Jackson Car Auction in January of 2007 was held in Scottsdale, Arizona and lasted for one week.  A total of one thousand two hundred and seventy one cars were sold at this auction and all of them were sold at No Reserve.  One such collector car sold at this recent event was Carroll Shelby’s 1966 Shelby 427 Cobra which set a new record by selling for the amount of five million five hundred thousand dollars.  In all, there were four vehicles at the most recent Barrett Jackson Car Auction in Arizona that sold for one million dollars or more each.  Cars like the 1966 Shelby 427 Cobra alone are enough to draw large crowds but there is much more to Barrett Jackson Car Auctions in Arizona.

While the bidders at Barrett Jackson Car Auctions in Arizona are big spenders, they are also concerned with the problems that face the world today.  One of the cars that sold for one million dollars in the most recent Barrett Jackson Car Auction in Arizona was the “Warrior One” Hummer offered by CNN and Chip Foose.  The proceeds from this auction were donated by the seller to The Fisher House Foundation, a group which provides a place to stay for the families of hospitalized military personnel.  One bidder, Dave Ressler, also donated another $250,000 to the charity during the bidding.

With all of this excitement, why not mark your calendar to attend the next Barrett Jackson Car Auction?  You surely won’t be disappointed by the auction and you might be lucky enough to stand next to your favorite celebrity and congratulate them on their winning bids.

A Few Words About Used Car Auctions

February 22nd, 2007    Subscribe To Our Feed

Used Car Auctions are becoming quite popular today.  They are a great venue for the average citizen to be able to find a good car at a very reasonable price.  Used Car Auctions are also a very useful service for small used car sales operations as they can keep a constantly replenished stock of used automobiles that are often in very good quality or require a minimal amount of repairs to make them an easy sale to the car shopping public.  Many dealers will also make use of  used Car Auctions as a way of rotating their stock by taking cars that have been on their lot for a while to sell and buying new cars from the profits received from the sale.

Where Does One Find Used Car Auctions?

Used Car Auctions are a very easy thing to locate with the great wealth of information that surrounds us.  Many times the local newspaper will have several listings for various used Car Auctions around the area.  Just pick up the local paper and give it a good looking over, especially in the classified advertisements section and you will likely find a used Car Auction near your hometown.

Another great method of finding the local used Car Auctions is to look in your telephone directory.  If you use a search phrase such as “Automobile Auction Houses”, you will almost certainly find an auction service in your metropolitan area.  Other ideas for phrases to look for are “Auto Auction”, “Used Car Auction” or “Auctioneers”.

With the easy access to the Internet these days, why not take a peek at your favorite search engines result for used Car Auctions?  Many times the search will lead to used Car Auctions that you can participate in with never leaving your home.  Imagine sitting at your desk and buying a car.  Now that has to be the lap of luxury.

If none of these options strike your fancy, you could always ask around to find your local venue of used Car Auctions.  The local new car dealerships can usually point you towards the used Car Auctions in your area but be prepared to endure a sales pitch for a new vehicle when you make the inquiry.  After all, they really don’t want to lose your business but most of the salesmen will be good sports about the situation if you are polite and let them at least try to sell you a car.

Let’s Go To A Repo Car Auction

February 22nd, 2007    Subscribe To Our Feed

Do you clip coupons before going to the grocery store for a gallon of milk?  Do you save your Subway stamps to earn free sandwiches?  Do you drive a town away to get gas ten cents per gallon cheaper than you could get it at home?  If this sounds familiar, I have one more question for you.  Are you interested in saving money when making your next car purchase?

Almost everyone in any tax bracket looks to find a good deal and finding that great value is a reward in itself.  No matter how much money you have or lack, value is a universal concept.  Sometimes it seems, though, that certain purchases offer no room for finding extraordinary value.  One of these areas has traditionally been the purchase of newer vehicles.  With high sticker prices and pushy salesman banter, many people have been put off from shopping for a newer car with the dismissive thought that these cars were just too expensive.

Would You Like A Newer Car?

While many shoppers have been pushed out of the newer car market by such thoughts, you don’t have to fall into this negative way of thinking.  Yes, new cars are expensive to be sure and many people can not really afford the vehicles they choose to purchase but this is not a problem for you.  It is the very tool you can use to get a newer car or truck parked in your driveway.

As so many people are buying things on credit and making purchases they can not truly afford, a trend is becoming established.  If someone buys a car and then neglects to live up to their financial obligations, the vehicle will be repossed by the lender who furnished the financing for the vehicle.  The lenders generally don’t care about why an individual couldn’t make the payments, they just want to get their money back.  The fastest way to do this is to sell the car for as close to the owed amount as possible by wayof an auction to the highest bidder.  This is commonly known as a repo Car Auction.

So what does this mean for you?  Quite simply a repo Car Auction gives you the opportunity to purchase a nearly new, one owner vehicle, sometimes while still within the model year, for a substantially lower price than you would have paid had you bought the car new.  Thus the repo Car Auction offers individuals of any income level the chance to own a newer car, van or truck.  So now that you are in the know, are you ready to got to a repo Car Auction?

Let’s Talk About Seized Car Auctions

February 22nd, 2007    Subscribe To Our Feed

If  there was an easy way to pay just a few cents on every dollar for the vehicles you really want, would you be interested?  Well, I am here to tell you straightforwardly that I have found that very method and I want to sharethe secret with you.  It seems that our fine law enforcement officers have been working over time putting the bad guys out of business and, in doing so, they have over loaded their impound lots with all sorts of confiscated merchandise including cars, vans, motorcycles, trucks and various other vehicles.  So how does one solve the dilemma of  diminishing storage space when there is always a ready supply of freshly confiscated vehicles to replenish the stock?  The answer is to hold a seized Car Auction and it is fast becoming a very popular source of used vehicles for the average citizen.

What Is A Seized Car Auction

At your typical seized Car Auction, you will find vehicles of many years, makes, models, body styles and fuel types.  The cars and other vehicles at a seized Car Auction are usually in various states of maintenance and the overall condition of the vehicles at a seized Car Auction ranges from pristine vehicles to the average vehicle in need of minor repair all the way down to completely totaled vehicles that are generally sold for salvage purposes.  The vehicles typically seen at a seized Car Auction are  confiscated items that were taken from criminals or people who did not pay their taxes or the departments own surplus property that has been removed from service due to age.

The ideal behind the seized Car Auction is that a portion of the funds spent on police training, weapons, equipment and protective gear, tracking and capturing criminals and the purchase of new department vehicles might be regrouped. It is also quite common that a  portion of the money is given to various victims advocate groups to help them to defray the cost of their work in assisting those who have suffered from some crime committed against them or a family member..  In addition to these great points, the seized Car Auction is also a great venue for the average citizen to be able to pay cash for a car that might have otherwise been outside of their spending range.  For this reasons, many times you will find small used car dealerships sending buyers to the seized Car Auction to replenish their lots with vehicles requiring very little repair.

In conclusion, what could be a better deal?  By shopping at a seized Car Auction, you are supporting your local law enforcement team in their work of preventing crime while, at the same time, helping the victims of  crime and saving yourself a lot of  money in the process.  It is easy to see that a seized Car Auction should definitely be on your list of things to look into.

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