Impounded Cars For Sale

People have a love affair with automobiles. Bargains are also in people's minds. These two aspects combine for a general love of great deals on cars. Some of the best bargains around can be found when authorities offer impounded cars for sale. They generally do that via auction. And if you play your cards right, you can end up with a steal (pun intended.).

Where do the auctions find the cars? Cars involved in crimes, or that belong to criminals, are often impounded. For example its the law that drug dealers' possessions are confiscated and sold. The city or state then has lots of cars, sometimes luxury cars, that they want to sell. Scoff laws also generate a lot of cars. The car is offered for sale when the fines reach a point that the owner can't pay.

Sometimes the cars are sold straight to dealerships who either sell them on the lot or auction them. Auctioneers also buy cars and then sell them at their own auction. This isn't important. At some point the car is up for sale to the highest bidder and can become a whale of a deal for a savvy person. However, there are some things to consider. As the saying goes it's "buyer beware."

There's usually no warranty offered with these autos. You buy the car that's on the lot. The term "as is" covers it. Puffery is also common, and legal. When car dealers say "clean as a whistle" that's puffery. Some key words like "clean" or "like new" are also involved. These sound like specific descriptions or even promises of a well working auto. But they're pretty meaningless.

Be ready when attending. Take a good look at the cars. Bring a mechanic with you if possible. Auctions offer test drives so use them. There may be bargains when there are impounded cars for sale. But many deals aren't as good as they seem on first blush.



Technorati Tag: impounded cars for sale