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Automobiles Auctions Web Site relaunched – Is this the cheapest way to buy a used car?
Answers 2000 is pleased to announce the relaunch of AutomobilesAuctions.com - a free information website about automobile and vehicle auctions.
By: Answers 2000
In all 50 US states, vehicle auctions are regularly held, and at many of these auctions used vehicles are sold at massive discounts compared to their Blue Book value. These auctions are held by Federal, state, and local government departments, as well as by private organizations such as insurance companies.
Where do these vehicles come from and why are they so cheap? There are really two main sources as far as government auctions are concerned. The first is vehicles that have been used by government agencies themselves. The second are vehicles that the government has obtained as a result of seizure laws – for example, vehicles that once belonged to criminals, but now belong to police or sheriff departments, the FBI, the DEA, the IRS, the Border Patrol, etc.
The other really common question that many people ask is why are these vehicles sold so cheaply? The answer is simple – the government organizations have no use for these vehicles, no where to store them, and knows they are depreciating – and therefore wants to make a quick sale to realize what value they can – and hence many of these vehicle auctions are “absolute auctions” - vehicles auctioned with no reserve price.
The AutomobilesAuctions.com website is intended to be a resource for those interested in these auctions – whether they are interested in purchasing a vehicle for their own personal use, or to resell for profit (“flipping cars”). The information on the website includes informative articles, information about books for used car buyers/sellers, details of membership sites listing automobile and vehicle auctions, and a glossary of automobile auction terminology. Visit http://www.automobilesauctions.com/
AutomobilesAuctions.com is Answers 2000's website of information about automobile and vehicle auctions in the United States and others countries. Information on the AutomobilesAuctionscom website about third party products and services, generally comes from information provided by the vendors of products listed and/or publicly available information. Answers 2000 may receive a payment should you purchase a product after following a link from AutomobilesAuctions.com, including if you purchase membership of an automobile auction listing website. Please visit http://www.automobilesauctions.com/
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