You may not know it, but if you are looking for a new car or other vehicle, the best values ​​are at government and police auctions. Most vehicles sell for only a fraction of their value. Even luxury vehicles can be purchased for pennies on the dollar. So if you’re looking for the best deal on a near-new or used vehicle, go ahead.

The reason the best deals are found at government and other agency auctions is because they don’t like to spend money and resources on car care and storage. Because of this, they are willing to sell their obtained vehicles no matter how low the auction bid is to liquidate them. When the government sells their salvage and surplus cars to the government, they are not interested in profit margins as a dealership would be, plus they do not have the same costs associated with obtaining a vehicle. The main concern of the government is to recover as much money as possible as quickly as possible.

So where do those cars come from? Well, there are a number of sources that include government surpluses, unpaid taxes or delinquent debts, and in some cases it is because the owner was involved in illegal activities.

We all know that the government can waste a great deal of taxpayer money and will often buy vehicles or equipment for a particular project, only to have priorities change and the project never starts. Or maybe the project is done and the equipment is no longer needed. For this reason, government surplus vehicles and equipment are often new or near-new, but will be offered at lower prices than used at auctions.

For these reasons, the government has a large number of repossessed cars that they need to sell. For them, these vehicles only take up space, which, as I said, provides an opportunity for the general public. Here are some current (September 30) examples of vehicles I found on my # 1 rated vehicle and government site (to see thousands more, click the link below and then select the # 1 pick in the ‘Vehicles’ area ‘):

  • 2003 Mercedes-Benz CLK 430 2D Coupe with 41K miles for $ 4,480
  • 2005 Pontiac Grand Am with 14K miles for $ 3,060
  • 2005 Jeep Wrangler 4×4 with 15K miles for $ 3,190
  • 2005 Jeep Liberty Limited 4×4 with $ 12.5K miles for $ 3,880

Once you’ve done your research and found a list of auction vehicles in your area that is of interest, take an auto enthusiast to the auction. That way, they can check the vehicle before bidding and give you an assessment of its condition and value. If you have any information about the vehicle in advance from the government auction sites, that will give you a head start to participate in the auction.

Currently, most of the public is unaware that these government auctions exist and the securities available, which will give the more informed (like you) less competition. So do your research, skip the middle man (car dealer), and check the listings so you can find the car you’ve always wanted at a much lower price than you expected.

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