Bank Seized Cars For Pennies on the Dollar – Find Out the Secrets the Dealers Don’t Want You to Know

Ever wonder how dealers get their cars so cheap before they mark them up and sell them to you at a profit? Sometimes they do it by purchasing government and bank seized cars at auctions.  Auctions on government and bank seized cars are held throughout the United States.  How much you end up saving depends, of course, on a number of factors. The most important factors are the type of vehicle (make and model) and how much competition there is for the vehicle you want. Many times, there is little competition at auctions. It is oftentimes possible to buy seized cars for as much as 90% off blue book value.

There are also online auctions almost daily where you can purchase the exact car you’re looking for. These auction sites will require a small fee for their services, but they allow you to search by exact make and model. You may be able to purchase the exact vehicle you’re looking for online, even though it may be located across the country. Because you will not be physically inspecting it, you may want to make sure you get a vehicle history report before purchasing this way.

Typically an auction center will provide a free 3-month limited warranty on any seized car you buy. An extended warranty may also be available for an extra cost. One thing to keep in mind, however, is that some of the vehicles are newer and may still have the balance of the manufacturer’s warranty.  If you don’t check into warranty information you may end up buying a vehicle “as is”.  If you do so and you bought a lemon, you cannot return it and you are stuck having wasted your time and money.

If you want to get started buying seized cars, trucks and SUVs, the first step is finding a reputable auction site. They will give you all of the information you need to buy seized vehicles.  They should also provide tutorials and guides that help you show up prepared.  And preparation is the key.  If you don’t prepare properly, you may find that you’ve successfully bid on a vehicle but that you don’t have enough to pay for it or the right payment method. 

There is also plenty of other information out there about how you can buy bank seized cars.

Seller’s Guide For Junk Cars

So, you have a junk car in your backyard and you want to get rid of it as soon as possible, but you do not know where, when and how to sell a junk car? Let me tell you one thing, you are not alone, as there are thousands of other people facing the same situation. This article will give you all the information you require for selling a car.

When it comes to selling junk cars, then there are two choices. You may either place your quote online or you sell it using traditional means. I am talking about placing ads in newspapers and contacting car dismantling companies. I personally suggest using online means for selling your old car, as online car dealers offer better prices.

You should sell your old car as soon as possible, as delay of even a single day will decrease the value of your old car. Some people keep on waiting for the right time to come, expecting that they will get more money. Though, it is good to be optimistic yet we must also accept reality and the reality is that your car is becoming older day by day.

There are a few pitfalls to avoid while selling junk cars. Firstly, you should be very careful while selling your old car. Prefer dealing with the car dealer who is reliable and who is authorized buyer of junk cars. In addition, he should have good track record. Another important thing is to call your mechanic. Your mechanic will tell you the exact worth of your car after inspecting it properly. It is highly suggested talking with several car dealers at a time so that you can sell to one who is paying you maximum amount of cash.

Following are some of the tips for selling your old car at higher price.

  • Get the body of your car painted or apply a new spray on it
  • If there are any minor repairs, get them repaired as soon as possible
  • Keep the car service records with you

You can get a minimum of $1,000 for your car even if its engine is not working. If luckily, the model of your car is relatively new and its age is also less, then you can get several thousand dollars. Just the metal costs $200 per ton these days. So, if there is any junk car at your home which belongs to your parents or grandparents, then feel free to sell it as old cars are in great demand these days. I hope this guide will be helpful in selling old vehicles.

How to Find Used Cars For Sale By Owner: Your Top Options Reviewed

Are you looking to buy a new vehicle? If so, you may wonder what is the best way to find used cars for sale by owner. Which method is likely to yield the best results? You do have a number of options. In fact, you are encouraged to check each avenue of buying. These avenues include:

Find Used Cars for Sale by Owner: Search Craigslist

There are a number of different websites that current owners can use to advertise their vehicles online (more information on these other websites will be covered). With that in mind, Craigslist.org is by far the most popular website used. This is due to the fact that used car listings are free to post on Craigslist, meaning buyers have nothing to lose by quickly creating a used car ad.

On Craigslist, you are able to search one location page or city page at a time. You will see all for sale vehicles that were listed for sale on this city page. If you live in between two cities posted or if you do not mind driving to look at a vehicle, you are encouraged to do a search on all local areas. You must do this separately unless you use a Craigslist search tool.

Find Used Cars for Sale by Owner: Search Car Buying Websites

There are a number of car buying websites online that enable individual owners to upload their vehicle information. These websites, which do include eBay.com, tend to charge sellers a set fee or a percentage of the sale price. When taking these fees into account, some sellers will slightly increase the asking price to accommodate for the fees.

The only downside to this approach is that there are hundreds of websites that sellers use. In addition to a well-known marketplace, such as eBay.com, there are locally owned and operated websites, car buying message boards that have a classified folder, and so forth. You may be able to save time by using a car search tool that enables you to search all of these websites at once.

Find Used Cars for Sale by Owner: Local Searches

Without a doubt, it is easier for sellers to list vehicles for sale online. By doing so, they are able to reach a larger buying market and this increases their chances of making a sale and generating a profit. On that same note, not all sellers are internet savvy and that is why a local search is advised for the largest selection of cars. Where should you look locally? Start with the auto section of your local newspaper, checkout community message boards in gas stations, look for vehicles with for sale signs posted in the window, and cars placed by the side of the road with a sale sign.