If you live in Mississippi, driving is both a pleasure and a necessity. By purchasing your car at a government car auction Mississippi, you can not only afford the pleasure of driving but save a great deal of money for this modern-day necessity.
The government seized car auctions in Mississippi are safe, and legal operations wherein you can save up to 95% off the normal retail price of cars. Yes, be it a luxury vehicle, a sports utility vehicle, or even an off-roader.
So you are in the market for a car, but you are concerned about paying the best price? Are you interested in getting a previously-owned vehicle for less than the usual market price? Well, I can tell you of at least one very good way of getting your next car at a very affordable price. That is to buy a used vehicle at a government auto auction.
Government Auto Auction Mississippi
The government auction’s off seized cars that are taken from criminals and traffic violators, as well as government old vehicles. The government has to rotate its inventory on a regular basis, and under the law, it must dispose of its vehicles by selling them at a public auction. These are vehicles that has been overstocked, or is no longer needed or has been replaced. The government also does this to help defray various costs of the government, including unpaid fines. This will also helps save the taxpayers some money in the process.
Types Of Vehicles In An Auto Auction
All types of vehicles may be sold in the government auto auctions in your area. The G.S.A. government auctions are especially worth checking out. Most of the vehicles that they have to offer are in excellent condition and have low mileage. The cars they sell include both regular sedans and more specialized vehicles. Trucks, tractors, buses, and former police vehicles and ambulances are some of the specialized vehicles that may be offered. Other vehicles that you may find include motorcycles, off-road vehicles, boats, and planes.
Auctions held by such government agencies such as the US Customs and Border Protection or the Treasury Department often have seized vehicles for sale. It is not uncommon to find luxury and sports cars for sale at such government auctions, often below their regular market prices. You cannot expect to get those types of cars at cheap prices, as the bidding for such cars is very competitive, but bargains are still very possible.
Checking For Your Eligibility
One thing you should do before going to a government auction is to check on your eligibility; you may not be eligible depending on the type of government agency that is holding the auction. The employees of a government agency and their immediate family members are precluded for participating in a public auction held by the agency for which they work.
It is simple to join an auction. You just need to learn the schedules and locations of the government auto auctions in your area. Once done, you must register to participate in the auctions. Registration for the government auto auctions is generally free.
Pros and Cons of Buying a Car From a Government Auction
People say that for every good point, there is a negative one. That of course applies too to the purchase of vehicles at a car auction. Let’s take a look at what they are:
It is widely known that the prices for some cars at a government auction start at $100. Just imagine if no one else wanted that car, it would be yours for a mere $100! But even if you have to bid for it with the others who are interested, you would still save up to 95% off the original value. That’s surely a great savings for you since you wouldn’t be able to find that price elsewhere, definitely not as a used car dealer. These vehicles are able to be offered at such prices because most of the time, the auctioning party’s concern isn’t making a profit or generating big revenues but simply getting rid of the vehicles that have been seized etc. As long as they get something back to cover the cost of repossession, they are happy enough.
Vehicles That Are For Auctions
It isn’t just sedans that are put up for auctions. There are also trucks, vans, SUVs and even luxury vehicles. It will definitely be a steal to be able to get a luxury vehicle from these auctions. They will be sold at such a small fraction of their worth. There will also be a great choice of models, brands, builds, transmissions and colors for you to choose from. If you are looking for a forklift or a tractor, check out the list of items being auctioned off; you’d never know when you can find one of these there too.
Unlike buying from used car dealers who usually give you at least a year’s warranty, these vehicles purchased at a car auction doesn’t come with any. You don’t know where the car came from, how long it has been sitting, and how many owners it has had. You could even have trouble with the ownership if it was one that has been stolen or illegally smuggled into the country. It is better to know more about what you are bidding for and to bring along a mechanic to perform basic assessments of the car at the auction.