The best car auctions for amazing savings are
government run surplus auctions.
Government run car auctions are usually hosted by an
auctioneer whose sole motivation is to recoup some
money on an asset which the government has already deemed
as unnecessary.
This type of a government auction is referred to as a surplus auction.
While your primary purpose might be the purchase of a car,
these auctions can also serve as unbelievable sources for
inexpensive computer equipment and furniture.
Even though the auctioneer is tasked with recouping a fair value for the
government, the reality is that the actual final bids at the
auctions are the decisions of the bidders who attend these
government car auctions.
There are often implicit reserves or minimum bid requirements,
but the final sales prices at these auctions can be substantially lower than
if purchased in the open market.
The key to succeeding in finding a great automobile at a government car auction
is to attend lesser known auctions.
For example, a government auto auction held in Brooklyn New York is likely to attract many more bidders
than an auction held in Kansas City Missouri.
By attending a government car auction with a smaller number of attending bidders,
you will face less competition, and therefore should have a chance of
buying the car at a fantastic price.
Remember, many of these auctions offer online bidding, so even an
international bidder can participate in a government surplus automobile auction.
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