People have a love affair with automobiles. And they’re always in search of great deals. Whether it be haggling with a dealership for new cars, or kicking the tires while talking down a used car salesman, people also love deals on cars. Some of the best bargains around can be found when authorities offer impounded cars for sale. This is normally done via an auction. For those who know their stuff incredible cars are available at incredible prices.
Where do these cars come from for the auctions? Cars involved in crimes, or that belong to criminals, are often impounded. Drug dealers, for instance, can lose everything they own if caught. When these cars are taken it isn’t long before it’s time to sell them for a little cash. 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.
Often the cars are purchased by individuals who sell them for a profit. Or auto auctions might buy them and then sell them in turn to the highest bidder. This isn’t important. There are some great deals when cars are auctioned, period. However, there are some things to consider. Buyer beware at an auction.
The first thing to keep in mind is these cars are generally sold with no warranty. It’s a case of what you see is what you get. In other words, the car is “as is”. The seller can even engage in puffery in most states. When car dealers say “clean as a whistle” that’s puffery. There are even some tricky words involved in puffery such as “clean” or “in great condition.” The law allows quite a bit of latitude on this phrases that imply quality. However, on closer examination they really don’t mean too much other than “here’s a worm, grab the hook.”
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. Impounded cars for sale can be a bargain. But many deals aren’t as good as they seem on first blush.