Most cars that are up on seized are repossessed or seized cars. Generally, the cars are still in good condition. There are a vast selection of available vehicles these days in repossession car auctions.
There are several ways to buy cheap cars. You can buy cheap used cars from second hand car dealers, check the classified ads for cars on sale or use eBay where there are people selling cheap cars.
However, one of the best ways to save money on cars is through seized car auctions. You can buy seized cars for sale at a cheap price.
These days, the number of vehicles seized by the government have grown exponentially to the point where the government can’t afford to keep and maintain all the seized cars since it cost money.
Therefore, you can find many cheap car deals on repo car auctions. They need to get rid of these seized cars as soon as possible to free up space for more repossessed cars. So it is not uncommon to buy cars that are still relatively new and cost only 10% to 50% of the current market price.
These seized car auctions are held all over the country though the dates are sometimes difficult to find out. You can search classified ads in your local newspaper where sometimes, they will post an ad.
Another way to find these seized car auctions is online. There are several websites that are dedicated to listing the latest seized car lots 1000 down. Sometimes, they will also provide the latest seized car auction listings, bid offers, starting prices and so on.
This provides a good way of knowing which model of cars are on auctions and their prices before you even need to go the auto auction.