There are important things you must know before buying at a Federal Auto Auction.
Like thousands of other people who have bought used vehicles at auto auctions, it can be easy and rewarding if you know what you're doing..!!
Firstly, a bit of background. There is a Federal Agency (GSA) that has the responsibility of purchasing fleets of vehicles which are leased to other agencies. At the end of the lease period, the GSA collects these Autos for sale at a Federal Auto Auction. The proceeds then help purchase the next fleet.
These cars being sold at the auto auctions have been cleaned and detailed for the purchaser to drive away in. Usually they are less than 3 years old and have been used for normal administrative duties; home visits, administrative pool cars etc.
The key things about these vehicles is that they usually have been well maintained, have low mileage, power steering, power windows, radio with tape players, and are popular makes. There are no buyers fees with prices being at wholesale.
However, they are sold on an As Is Basis. This means that it is up to you to carry out a thorough inspection of the Auto before you make any bids. Starting the Auto and inspecting is allowed but you can not drive it. Get a copy of the terms and conditions from the Federal Auto Auction organizers before hand as well.
These auto auctions mainly cater to auto dealers but are happy to assist the public who are interested in purchasing. Make contact early and ask about the bidding process if you are new to it. You will also need to register for the sale before hand so plan to arrive early.
Payment is typically made using credit card, debit card, cashiers check, or money order but it is best to confirm before the Federal Auto Auction starts..
The most important thing has been left to last and that is the source of information for auto auctions. For a Free search of past sales showing makes and prices paid click Here.
More than 250,000 people have used this service to find their dream car. You can even register with them and get up to date auction lists for a small one off fee. Free Search Site
About the Author
The Internet has made car buying a breeze with access to so many near new makes and models using Car Auctions. But Do You Have The Right Information To Search For Your Dream Car ..??
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