Seized Car Auction


by Abdul Vasi - Date: 2007-12-19 - Word Count: 418 Share This!

The automobile market is being captured by the retailers commanding high prices for the cars. The other option left before the customers are the sellers of the old and used cars. In such a deal the chances are thin that one gets a good quality car. Generally the condition of the cars deteriorates after it is being used over a period of time. Thus, the cars at the auction have emerged as a very good option to obtain a quality car at a very reasonable price. The seized Car Auction generally offer very good range of cars to the customers as they are new. In the seized car auction generally the cars offered are obtained by the police or the loan recovery department. The police obtain these vehicles from the people who had broken any rules regarding the vehicle or driving. The recovery department of any of the financial institutions acquires these cars from any of the defaulters.

How to proceed

The procedure to obtain these cars is similar to that of the other auction. The customers have to first make enquiry regarding the availability of these cars. In order to check where these seized cars are available for auction one can take the local newspapers into consultation. Generally the financial institutions and the government organizations holding the auction put up advertisements to generate awareness among the public regarding the auction. Internet can also be taken as a very effective tool to gather information regarding the availability of the seized cars for auction. There are several auctions done by the government organizations, which are not heavily publicized in order to avoid bulk of crowd. These auctions generally attract a very thin crowd and the prices of the cars generally do not tend to soar up. Generally at these auctions the prices are really low compared to the original price of a car. The information regarding such auctions can be acquired from these governmental organizations itself. There are several portals that provide assistance regarding these auctions. The customers must enquire the minimum bid requirement of an auction before attending one. The bid requirement is essential to give an idea regarding the end price of the car.

Benefits of seized car auction

The Seized Car Auction generally makes the car available at a very low rate. It is really low when compared to the original price of the car. The quality of the cars is also good, which are available here. Sometimes there are chances that brand new cars are available here.

Related Tags: car auction, used car auction, public car auction, police car auction

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