Blog Archives for 12 Point Checklist For Buying Cars At Government Auctions| GovernmentAuctions.org® Blog

Friday, September 19, 2014

12-Point Checklist For Buying Cars At Government Auctions

Car Auction ChecklistGovernment Auctions can be a great place to find used vehicles of almost any make and model, and if you’re prepared you can potentially walk away with a bargain. However, it’s important to keep expectations in check and know what to look for before attending an auction. Are you going to get a brand new Cadillac for $1,000? Most likely not. But you might find a slightly used pick-up truck for a few grand less than it’s actually worth or a retired police vehicle for a few thousand bucks. With that out of the way, let’s get started:

Previewing Vehicles:

Before the auction takes place you are allowed to preview and inspect the vehicle in most instances. At this point, we would advise you to use a mechanic unless you happen to be an expert in cars yourself. Even if the auction states that the car is sold “as-is”, this just means you won’t be able to test-drive it, but you may still be able to inspect it.

Often times, the car will also be started up and maybe even allowed to run with the hood up for several minutes. It’s a good idea to have a checklist, so you know what to look for.

Sample Checklist

1. Examine the body of the car. If there are excessive dents and dings for the car’s age, then that will give you an indication of how the previous owner(s) treated the car.

2. Look out for paint jobs. If the paint appears to be brand new, the car may have recently been in an accident or have rust hidden underneath. Keep in mind that many accidents are not reported, so running a Carfax alone may not be enough to determine if the car has been in an accident. One solution is to buy or rent a paint meter, which will reveal in just a few seconds if the paint on the vehicle is original or not.

3. Look underneath the car to see if there are any leaks.

4. Check the tail pipe. If the outer edge is black and sooty, the car may need a tune-up.

5. Bounce the car. This is a good way
to tell if the car needs new shocks. If the car keeps bouncing for several seconds after the initial bounce, then the shocks may be worn.

6. If the tires are unevenly worn, this could be an indication of bigger problems, such as an alignment issue or worse, the car has been hit.

7. Check the odometer. If it looks too good to be true, then it probably is (e.g. a 10 year old car usually doesn’t have 50,000 miles on it).

8. While the car is running look to see what kind of smoke comes out when the engine is revved up. If the smoke is blue there could be engine problems.

9. If it’s possible, ask the guy who starts the car to go through the different gears. If you hear a noise while shifting, there could be transmission issues.

10. Look at the car’s engine while it’s running. If the motor is shaking, the car might need new motor mounts.

11. While the car is not running look inside the radiator tank. The water should not be rusty or have a film on it.

12. Pull out the dipstick and check the oil. If it looks sticky, the car may not have been well maintained. If it is brown or gray, there are some serious problems under the hood. And if it’s extra thick, this could indicate a cover-up for some serious engine problems.

Following this checklist certainly won’t guarantee that the car you buy will be problem-free, but at least you will have a better idea of any underlying issues that may exist before you cast your bid.


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Posted in autos, Online Auction, Police Auctions, Seized, Surplus
Friday, September 19, 2014

1992 John Deere 2755 Tractor with Loader: Get The Job Done Right

JDaKLet’s kick today’s auction deals off with this 1992 John Deere 2755 tractor with loader, serial #L02755U762889. This tractor is in very good mechanical condition and aesthetically it’s also in good shape with just a slightly bent fender and a missing light. The tractor has approximately 2,697 hours of use on it. An inspection of the item is strongly recommended before bidding. Why spend tens of thousands of dollars on a tractor when you can get this one for a mere fraction of the cost? As of right now, the current asking price for this John Deere is just $16,511 with 13 bids already placed. This auction will be ending in precisely 4 days, 10 hours, and 58 minutes, so be sure to click here right now in order to activate your 3 day free trial account.

 

 

 

 


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Posted in Online Auction, Online Auction Items, Surplus
Thursday, September 18, 2014

Single Family Property In Tacoma, Washington: Live Among the Peace and Quiet

tacomaGoing up for live auction on October 21st, 2014 in Tacoma, Washington is this charmingly cozy single family home. Built back in 1920, this property consists of 1,940 square feet of living space and contains 3 bedrooms, 2 bathrooms, a kitchen with breakfast nook, dining room, living room with fireplace, utility room, a second floor family room, and two decks. It additionally features amenities such as a 480 square ft unfinished basement, a detached 2 car garage with shop, detached shed, and even a gazebo. Located in a residential area, the home is situated on the outskirts of the main part of the city. The winning bidder of this live auction will be required to put down a down payment of just $5,000 so keep that in mind if you plan on attending. If you’d like to find out where this auction is going to be held, then simply click here to activate your 3 day free trial account.

 

 


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Posted in Live Auction, Live Auction Items, real estate, Seized
Wednesday, September 17, 2014

Police Auctions: Some Things You Need To Know

Police AuctionsPolice departments all across the United States regularly hold auctions where they sell off all types of assets that they’ve collected through forfeiture, abandonment, and other methods. Some of the most common types of assets include household items, jewelry, collectibles, bikes, cars, and trucks. These auctions are open to the public, and can be a source of great deals if you’re willing to put in the time to do a bit of research.

How are police auctions conducted?

These days most police assets are auctioned off online. For most listings you can see detailed pictures of the item, the current bid, and the number of bidders. Some people are worried that items at online auctions might not be as described. Luckily, many online auctions allow you to preview certain items like cars during specified times before bidding. For other items you will have to carefully read the description, and decide if the risk of not knowing exactly what you are getting is worth it for you.

Why is it possible to get good deals at police auctions?

What makes police auctions risky also makes them lucrative. For example, some of the abandoned cars at these auctions might be in poor condition, and won’t attract a lot of attention from buyers. However, if you know what you’re doing, you might be able to sell the individual parts for a profit.

Why do some police auctions have buyer’s premiums?

Usually police departments enlist the services of a private auction company to auction off its property. They do this, because professional auctioneers have expertise in researching, listing, and marketing items. In order to compensate the auctioneer for their services, the buyer will have to pay a 10%-15% buyer’s premium. This amount will be added on to the final price. So if the final price is $1,000 and the premium is 10%, the buyer will end up paying $1,100 total.

How do I find out about police auctions in my area?

One way to find out about police auctions in your area is to contact the local police headquarters in your area and ask them. You can also see police auction items from all over the United States at GovernmentAuctions.org.


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Posted in Online Auction, Police Auctions
Wednesday, September 17, 2014

Single Family Property In Jacksonville, NC: It’s Even Got The White Picket Fence!

branchwoodNext up on the auction block is this fantastic deal on a single family home located in Jacksonville, North Carolina. According to Onslow County Property Records, this home was originally built back in 1977 and consists of 1,362 square feet of living space that sits on top of a 0.21 acre lot. Inside of the house, you’ll find 3 bedrooms, 2 full sized baths, living room, eat in kitchen, rear patio, spacious backyard, and fenced enclosure. There is also a paved driveway and a small tool shed located on the property. This is the perfect type of home of any couple looking to start a family. The current asking price for this seized real estate auction is just $5,000 with 1 online bid already placed. This auction will be ending in just a few short weeks so hurry up and make sure you activate your 3 day free trial account now before this amazing deal passes you by!

 


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Posted in Online Auction, Online Auction Items, real estate, Seized
Wednesday, September 17, 2014

2006 Mercedes Benz ML500: This Benz Is One Bad Mofo

ml500What better way to start of Wednesday’s auction deals than with this beautiful 2006 Mercedes Benz ML500 that is currently being held in Honolulu, Hawaii via online auction? With it’s freshly styled interior and posh exterior, this Benz SUV has an extensive array of safety features and is surefooted in bad weather. Under the bonnet, you’ll discover a powerful 5.0 liter V8 engine, 7 speed automatic transmission, four wheel drive, easy to use navigation system, AM/FM/CD premium sound system, all power, leather interior, sunroof, tinted glass, running boards, and just a little over 32k miles. All in all the vehicle is in fantastic condition with only a few scuffs and scrapes on the rear bumper. The current asking price for this vehicle is just $8,007 with 1 bid already placed. This auction will be ending in less than 2 weeks so be sure to activate your 3 day free trial now to learn more about it!

 

 


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Posted in autos, Online Auction, Online Auction Items, Seized
Tuesday, September 16, 2014

1995 Rolls Royce Silver Spur III: They Don’t Make ‘Em Like They Used To

rollzCheck out this next deal for a beautiful 1995 Rolls Royce Silver Spur III now currently available for online auction courtesy of the U.S. Marshals. This handcrafted luxury vehicle comes standard with power windows, power windows, power seats, power door locks, power brakes, cruise control, air conditioning, leather seating, hardtop roof, AM/FM radio, CD changer in the trunk, factory brand stereo, alarm system, premium factory wheels, and just over 31k miles. The vehicle itself is in fantastic aesthetic condition both inside and out, but only requires a new battery in order to be up and running again. The current asking price for this Rolls Royce is just $23,500 with no bids as of yet. The car is currently being held in Las Vegas, and the auction will be ending in just a few short weeks so be sure to activate your 3 day free trial now to learn all about it!

 

 


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Posted in autos, Online Auction, Online Auction Items, Seized
Tuesday, September 16, 2014

Lot of Subwoofers and Electronic Equipment: Crank Up the Volume!

subsWe all know audio electronics and equipment can get pretty darn expensive if you want to make modifications to your car. Luckily, you don’t have to pay an arm and a leg because the government is currently auctioning off one massive lot consisting of subwoofers, amplifiers, LCD monitors, and much more. Just some of the items included in the auction are: a 12″ Kicker CVR Sub box, Autotek ATK Crossover, 4 Channel Audiopipe power amp (2,000 watts), Soundquest power capacitor, Power Acoustik multi-media player, Visor LCD monitor, Exonic video amplifier model EXC40, and a ton of other awesome electronic gear! The current asking price for this auction is just $858 with less than 2 weeks left to bid. If you’d like to find out more about this auction, then simply click here to activate your 3 day free trial account!

 


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Posted in electronics, Online Auction, Online Auction Items, Surplus
Monday, September 15, 2014

Single Family Home Located in Centerville, Georgia: Gorgeous Homes for Under 100K!

cedarToday’s first auction bargain of the day is for this lovely piece of property located in Centerville, Georgia. This charming two story property was originally built back in 2010 and has roughly 2,844 square feet of living space that sits upon a 7,405 gross square ft lot that’s zoned as residential. Once you step inside the home, you’ll discover 4 bedrooms, 2.5 bathrooms, a spacious eat in kitchen, dining room, living room, a 2 car garage, and massive backyard. Additional amenities include separate His and Her walk-in closets, hardwood floors in the foyer and kitchen, and plenty of closet space. The home appears to be in good condition both inside and out, but you should definitely come and inspect it for yourself . The current asking price for this property is just $85,000 with no bids as of yet. To learn more about this auction deal, simply click here to activate your 3 day free trial account.

 


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Posted in Online Auction, Online Auction Items, Seized