Thursday, October 2, 2008

POLICE AUCTIONS

POLICE AUCTIONS

Police auctions are one of the greatest places to look for quality automobiles for a a great price. Police auctions can be fun and and good on your wallet.

They can range from older cars and newer models, most of which have been taken off the road by the police or abandoned. Lots of people who go to Police Car auctions want impounded cars because they assume these particular cars or trucks were running fine right before they were impounded.

Cars are usually in most cases taken off the road by police because of
DRIVER INFRACTIONS
driver infractions. If nobody claims the property and the owner can't be be located it ends up at a
POLICE AUCTION
where it is then eventually sold to whoever is the highest bidder.

Depending upon the size of the agency, and the agency's experience conducting Police auction , a police auction will either be run by the police department itself, another
GOVERNMENT AGENCY
that is responsible for fiscal matters or an outside auction company.The police auction might be held on the steps of the County Courthouse, a room inside of some government office, or a public arena. The location of the police auction depends a lot upon the size of the agency and how much property is being auctioned off.

Watch local papers for announcements, or contact the law enforcement agencies in particular area and find out when they are running the next police auctions. Once the auction starts, simply bid on the items. Have a budget in mind and don't bid more than that. It's easy to get caught up in the bidding frenzy and end up paying far more than you intended.

The reason that

POLICE SEIZED PROPERTY
police seized property auctions exist is because states and the federal government have given law enforcement agencies the power to seize property that was either used in a crime or was bought with money that came from criminal activity.

Drug dealers ,ost of the time drive fancy cars and wear expensive jewelry. Embezzlers often live in big homes and have yachts and airplanes. Once the police prove that this property is part of an illegal enterprise, they can confiscate it and sell it at a police seized property auctions.

Even though the government usually pays far too much when they are buying things, they are not as easy to touch when it comes to selling things. Most police seized property auctions are well organized and some are even conducted by professional auction companies who try to squeeze every penny that they can.

Ive been in the buisness for years now visit my website for more information

http://ryan963.bezoogle.com/pp/auto-bargains

Government Car Auctions

What you need to know about
GOVERNMENT CAR AUCTIONS


In short, various federal, state, and local government and law enforcement agencies regularly auction off surplus, unclaimed, and seized property, including automobiles, equipment, and even real estate. These are known as
GOVERNMENT CAR AUCTIONS.


The General Services Administration is one of the largest to hold these auctions. Then there's the
DEA, IRS, FBI
, Department of the Treasury, Homeland Security, and Border Patrol. State, county, and local governments also have auctions. For more about police seized-property auctions see Police Impound Auctions.

Banks also repossess property and cars and trucks from customers who default on payments, they then sell then sell them through public auctions. Government and bank auctions are usually handled by private auction companies.



Government car auctions - How they work
Government seized property are held all over the country. Usually an auction takes place at a certain location on a pretty regular basis. Monthly or quarterly or annually. Newspapers often have listings about the time and dates. Most of the time these are more than just plain old car auctions. All kinds of personal property are included, including real estate.

These
GOVERNMENT CAR AUCTIONS
agencies and are looking to get as much money as possible for their goods. Good bargains and cheap cars can be had, even though these institutions are looking to get the most for their buck. Otherwise, the auctions wouldn't be as popular as they are now would they.

You must be at least 18 years old and have a valid drivers license. Some
GOVERNMENT CAR AUCTIONS
are restricted to licensed car dealers, but most are not.

Alot auctions have a preview period of about two to three days before the auction in which you can look over and inspect the cars, trucks, collectibles or what ever your looking for. In most cases, you will not be able to drive the vehicles but you can start them and check them over as much as you want to. Also there are no warranties or guarantees. To be a great auction buyer, you need training and expearience like anything else.

There are always risks when buying at government or car auctions. But you can really lower your risks by knowing what you're doing. Knowing ahead of time what you want and understanding how the auction process works can save you money and stress. The best bargains are usually on the older less-than-perfect vehicles that dealers don't want to spend time and money on.


How do I find government and police car auctions?
Car and property auctions of all types and sizes are held all over the country virtually every day. You have essentially two ways for locating these auctions in or near your area.

The first way to find government or police auctions is to do the legwork yourself. Contact your local federal, state, county, and local government agencies to determine if they have auctions, where they are, and on what schedule. Contact banks and financial institutions for their auctions, if they have them. Contact auction companies who handle auctions for banks and other clients.

Most official government auctions are regularly announced in national newspapers or local newspapers. These adds almost always appear on a certain day of the week or month.

I have been buying at auctions for about 7 years now and I use some great software to keep me in the loop. Click the link here
http://ryan963.bezoogle.com/pp/auto-bargains