How To Find A Bargain Vehicle At A Car Impound Auction

A car impound auction can be a great place to pick up a vehicle at a bargain price, and it can also be a source of interesting and unique vehicles. The vehicles which are sold at these auctions are put up for sale by federal and state government, and also by financial institutions. Some of the vehicles which have been seized by government have been used to carry out crimes, or were at least intended to be used in carrying out a crime. If you need a vehicle with increased engine power, this may well be the place to pick one up.

The other prolific source of vehicles for the government is seizure due to the non payment of taxes. This will be happening ever more often as the economic depression bites into the profits of businesses. Often, taxes on money which has already been earned in the better times cannot be met from the reduced incomes of the businesses who are now due to pay them. If you are an individual looking to pick up a new vehicle at a bargain price, these vehicles represent a pretty good bet.

Some of the vehicles which can be found at a car impound auction will have been seized in drug busts. These vehicles will be unique, as they will usually have had special compartments created in unusual places for the concealment of narcotics. This can give you a rare chance to own a unique vehicle, so long as you are not intending to use it for the purpose for which it was originally designed!

Although many of the cars at a car impound auction will be tuned to the highest degree, as they were specially modified to be used for nefarious ends, many others will be in poor condition. The golden rule at auctions is buyer beware, so bear that in mind before you get overly greedy at the thought of picking up a bargain, unless you have enough mechanical knowledge to carry out an inspection of a used vehicle at auction, you will need to bring along someone else who has. Bidding on vehicles without inspecting them is not recommended.

As well as carrying out a thorough inspection of any vehicle you wish to bid on, the other prime consideration is that you need to know yourself,M and operate within your own limitations. If you are not familiar with the pace of auctions, take as long as you need to become familiar before you consider making any bids. Make the dummy run as realistic as possible by carrying out a thorough inspection of any vehicle you wish to bid on, and then bidding silently as you attend the auction. Train yourself mentally to stop bidding at the exact figure you have set. This discipline will be your greatest resource in profiting from a car impound auction.

 

 

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Obama's Chrysler 300 On Sale For $1M - WCTI12.com

International Business Times

Obama's Chrysler 300 On Sale For $1M
WCTI12.com
She's unlikely to get anything like a million dollars, said Craig Jackson, president of the Barrett-Jackson auto auction company. The hearse which carried the body of John F. Kennedy following his 1963 assassination in Dallas recently sold at a .
Obama's Chrysler 300 on sale for $1 millionCNN
Obama's Chrysler on eBay: An 'Old-School Conservative' Auctions Off Sedan at $1MInternational Business Times

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283 Mile Ferrari F40 sells for $710,000 [Car Auctions]
# carauctions The 1991 Ferrari F40 Lee Iaccoca bought new sold for an impressive $710,000 at yesterday's RM Auctions Arizona event. While the car had two owners after Iacocca sold the car it had an amazing 283 miles on it when it arrived in Arizona to be auctioned. More »..


Latest market commentary from CCFS auction analyst Richard Hudson-Evans 27 Jan - Classic Cars for Sale

Latest market commentary from CCFS auction analyst Richard Hudson-Evans 27 Jan
Classic Cars for Sale
Although a 'Pagoda Top' 1968 Mercedes-Benz 280SL in fine cosmetic order cruised past the Anglia Car Auctions rostrum to a results-topping 28875, by far the biggest bark in show was emitted by the mighty 6-Litre Oldsmobile Rocket 88 V8 which lit up .

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BURCHMORE APPOINTS NEW AUCTION MANAGER - 3D Car Shows

3D Car Shows

BURCHMORE APPOINTS NEW AUCTION MANAGER
3D Car Shows
As auction manager, Roux manages a multitude of operations EUR from sourcing the vehicles to marketing the sale and customer liaison. EURśWith his energy, passion and knowledge of motor cars, he's really ideal for this job. An auction manager, he needs to .

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Auto auction to open at former Yellow Freight site - Lancaster Newspapers

Auto auction to open at former Yellow Freight site
Lancaster Newspapers
By TIM MEKEEL Three former Manheim Auto Auction executives are opening a wholesale auto auction on part of the former Yellow Freight property. ABC Lancaster Auto Auction is due to begin operating in March on 40 acres at 1040 Commercial Ave., .

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BizBox to be Featured at Barrett-Jackson Collector Car Auctions
SCOTTSDALE, Ariz. , Jan. 9, 2012  /PRNewswire/ -- New technology will share the spotlight with old in 2012 as Barrett-Jackson , creator of "The World's Greatest Collector Car Auctions„˘," is teaming ...


283 Mile Ferrari F40 sells for $710,000 [Car Auctions]
# carauctions The 1991 Ferrari F40 Lee Iaccoca bought new sold for an impressive $710,000 at yesterday's RM Auctions Arizona event. While the car had two owners after Iacocca sold the car it had an amazing 283 miles on it when it arrived in Arizona to be auctioned. More »..


Giant Mecum auto auction draws thousands of collectors, gawkers to Kissimmee - Orlando Sentinel

Orlando Sentinel

Giant Mecum auto auction draws thousands of collectors, gawkers to Kissimmee
Orlando Sentinel
The event, which began Tuesday and runs through Sunday, is the brainchild of Dana Mecum, a charismatic showman who has been selling cars at auction for 25 years. This year, Mecum will hold 12 auctions across the country. His first event in Kissimmee a .
Mecum auctions classic muscle cars in FloridaAutoWeek

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Auction Genius Turbo Charges Auction Buying for Car Dealers - MarketWatch (press release)

Auction Genius Turbo Charges Auction Buying for Car Dealers
MarketWatch (press release)
25, 2012 /PRNewswire via COMTEX/ -- Auction Genius has just announced a unique web-based software solution for auto dealers buying vehicles at auction. The system provides a quick and simple way to access critical information allowing dealers to make .

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First "General Lee" ever built heads to auction [Car Auctions]
# carauctions At next weekend's Barrett Jackson Scottsdale auction the first 1969 Dodge Charger ever used in "The Dukes of Hazzard" will cross the block with No Reserve. The car was used and destroyed filming a jump off a dirt ramp that was featured in the opening of all 145 episodes of the show. More »..


Valley car auctions generate $176 million, breaking slump - Tucson Citizen

Business Insider

Valley car auctions generate $176 million, breaking slump
Tucson Citizen
22, 2012, under Arizona Republic News Collector-car buyers, seemingly removed from economic hardships, bought more than $176 million in cars over the past week at six Valley auctions. Two mid-1950s Mercedes-Benz 300SL Gullwings, a trio of Ferraris and .
collector-car auctions seek their nicheAZ Central.com
$16M house (21-car garage) pitched to car-auction buyersArizona Republic
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Selfridges IT chief moves on to British Car Auctions
Duncan Gray, formerly the group IT director at luxury retailer Selfridges, has been appointed as the new chief information officer at British Car Auctions (BCA)...


Sold for: $4.6 million - CNN

USA TODAY

Sold for: $4.6 million
CNN
Values for Mercedes' classic Gullwing cars have taken flight. Two examples ranked among the top-10 prices paid for collectible cars at this year's Scottsdale, Ariz. auctions. In fact, this car brought the highest price paid of any at the week of events .
Mercedes-Benz gullwing sports car sells for $4.2 millionUSA TODAY
$4.62 Million Mercedes Gullwing Leads Strong Auction Weekend in ArizonaNew York Times (blog)
Gooding & Company Achieves Great Success at its Scottsdale Auctions with an .PR Web (press release)
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