Automotive Journal

The name sounds very suspicious: police car auctions. {Some think they are selling cars that belonged to the police, cars that have POLICE written all over. People tend to think these auctions are selling only used police cars, because of the name. When people hear this term, they immediately imagine a big parking place with lots of police cars that are for sale.} Others think that in these seized car auctions they sell cars that belonged to bandits, cars with bullet holes, cars that were murder scenes and god knows what other horrible things people suspect. While any of the horrible, yet plausible statement above can be true in about 3% of cases, cars that belong to the remaining 97% have a totally different story behind them.

It’s true that police cars that are still working and look good, but for some reason have been parked around for a while and never used are sometimes auctioned. Only that the cars will not be auctioned as you would expect, with the POLICE sign all over them. The cars get repainted and all stickers and other police property will be removed. Auctioned cars either belonged to officers that are retired now or are older cars that got replaced with newer models. Since they are not trying to regain an investment or recover some unpaid credits, the cars will sell for anything they get offered. This explains the very low prices everyone is talking about. Buyers that are usual customers of these auctions are aware of these aspects, and will bid accordingly, carefully and trying not to rise prices. To a new buyer, the best and first advice given about these auctions is not to bid more that 50% of real value. Not going over that limit permits the general car prices in these auctions to continue to stay low.

It’s true that even car that used to belong to criminals that had no family to take over the taxes are auctioned sometimes. Sometimes, you will find an occasional car that was impounded or seized for any reasons that will also get auctioned. {Sometimes, even cars that were not entirely paid for are sold by the police. Cars that are new but not entirely paid for can be also sold. New cars that weren’t successfully paid can also be sold in these auctions.} {These cars are usually as good as new, and their prices will be a little bit higher that those of the firstly mentioned cars. These new cars will have prices that are a bit higher. Because they are practically as good as new, they will register bigger selling prices.} Even if the price is higher, it will not reach real value.

So, the main idea is that by going to a new car auction you could be walking away with good low priced cars. These car you could sell to others for a considerable profit, then return with the money gained and buy other cars, therefore staring a business just by doing this.

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