Ever wondered about "Government Auctions"? I know you have seen those ads online or in the paper that read "Cars seized! Mercedes, Lexus, Bentley and more - as LOW AS $299!"
What normal human being wouldn't at least be slightly interested in the possibility of getting a new Mercedes for $300?! I mean, even if you absolutely HATED Mercedes, I am sure you could see an opportunity for some profit right?
After grabbing your cell phone to dial the toll free number in the advertisement, you wait patiently. Finally, the Government Auctions worker answers the phone. The worker will get some basic information from you just to make sure that you can "participate" in one of their auctions. Good news! You ARE able to go to the auctions! In fact, there are several and they are right by your house!
But, the Government Auction place just can't give you all of their "secret info" for free. Yes, it is the US Government and it is an auction, but if they gave you the information for free they would have to give everybody the information for free and they just don't do that. The listing costs $60. BUT once you get the listing you will be able to see everything they are auctioning off and decide if you want to proceed.
After paying the $60 for the listing you will be receive two things. The first is the Consumer's Guide. But, The Consumers Guide does not contain any listings! The only thing that you will find in here is locations of the auctions. The second item you will receive has to contain the listings, right? That's what you paid for, isn't it? The second pamphlet is called the "Consumer's Listings of Government Auctions." The Consumers Listings of G.A also DOES NOT contain any listings of vehicles at all! The Consumers Listings is the same damn thing as the Consumer's Guide! The whole process can be very frustrating.
The TRUTH About Government Auctions and the Government in general is that you have to know their system. There are great deals to be had and some lucky people have purchased those BMWs for prices so low it would bring you to tears. Unless you want to spend months or even years trying to figure out the system you need some help.
The Government is a non-profit agency. Now that does not mean that they give things away, but they certainly do not have the time or the desire to maximize there profits. That’s why there can be some amazing deals at these auctions. What you need to understand is that high end luxury cars are not repossessed every day. You need the ability to search online to see what vehicles are being auctioned at a particular location so you don’t waste all your time. A great resource for this is Gov-Auctions.Org. They offer the ability to search for vehicles that are being offered and there is only a one time fee to access as many auctions as you like.
In closing, please be aware of the Government. There are some great deals to be had but unless you know your way around the system you could go nuts trying to find them. I personally have known a few people who really take advantage of auctions. They are able to get cars at great prices and every now and then strike gold with that super high end luxury car for pennies on the dollar. For more information please visit Seized Luxury Cars.
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