The Secret to Purchasing Seized Cars For Under $340

Not many people know that you can buy a vehicle for $339.95 simply by visiting a local government police auction.

Here's how it's done! At the majority of government and police auctions if a vehicle doesn't meet a predetermined opening bid during the auction, it will be put up for sale at the auction's conclusion for $300. This is because the government likes to eliminate any costs involved in storing vehicles after the auction.

The first time I noticed this, I was going through some of the car listings on the site mentioned below (last paragraph) and then I noticed something peculiar. Many of the cars were indiscreetly labeled 'If vehicle does not sell at this auction it can be purchased afterward for $300'.

In fact upon further research including calling a number of the auctions, using the number provided on the Government Auctions site, I was surprised to hear that due to the current recession, cars selling for $300 at these auctions has been increasing. This is because car dealerships cannot obtain credit or sell their current inventory resulting in many more cars available (in great condition) then people there to buy them.

The cost to gain access to these government car auctions with all of the vehicle listings and associated information is $39.95 (so car total is $339.95). It is worth it though, as you get listings of the less obvious auctions with detailed vehicle information for each auction. The membership also contains listings of items such as car parts, jewelry, furniture, home/garden equipment, electronics and even foreclosed homes, all offered for pennies on the dollar.

Once you choose the vehicles of interest from the government auction in your area, then attend that auction and low bid on each vehicle. Better still wait until the auction is over then pick up the unsold vehicle(s) you like for $300. I would recommend calling the auction prior to attending so you have an understanding on their policies regarding this.

You'll be surprised at what you can get for $300. I know, I've purchased 3 cars this way including a older model Beemer in great condition.

To locate these $300 car listings and access a free ebook of how to purchase a used car visit Police Auctions or to locate other government auction products such as foreclosures visit Government Auctions.