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Government Auctioned Cars?
Yeah, I'm just 16 and I'm looking to buy a car. I heard from my dad that his ex-girlfriend used to buy cars from government auctions, dirt cheap. I've got about $1000 and my dad would be willing to spend the weekend on this type of thing, driving there, and driving the car back and all. How realistic would this be, should i even consider it? (btw how much more do cars actually go for compared to the starting bid?)
Public Comments
- Government agency auctions are a good place to pick up bargains but there's a catch -- there may be other people there bidding against you also looking for bargains. As in any other type of auction, the bidders sometimes get over-excited and end up paying more than the cars are worth. Here's an article with more details: http://www.leaseguide.com/Articles/carauctions.htm .
- There are many sources for these auctions. Quality of vehicles varies, and I'd just as soon have a vehicle that was owned and maintained by a person. There's more to a car than miles, and gov vehicles likely spent thousands of hours idling. Better to get on craigslist and find a vehicle in your price range that you can get an idea for how it's been cared for.
- Speaking of government auctions, you might want to check this out. It might be what you are looking for. http://get-your-dream-car-cheap.blogspot.com/
