Used police car auctions are great places to go when you want to save a couple hundred or thousand of dollars off of your next car. The cars are usually in good condition, have clean titles and not to mention dirt cheap. But did you know that there are a couple of secrets that you can use to save even more money off your next car when attending a police auction? Follow these tips and you'll be one your way to having some extra gas money.
1. Arrive early.
I know this seems obvious, but you'd be surprised by the amount of people who overlook it or know to do it and brush it off. Getting there early gives you time to fully inspect each and every car that catch your eye. That way you'll be able to notice any repairs it may need or damage it may have which would end up costing you extra money if you bought it. Arriving early also lets you observe the crowd and see what cars are getting the most attention.
It's those cars that you can be sure of that are going to end up costing more than they are probably worth because people will be more likely to enter a bidding war. One the other and the lonely car that nobody seems to notice might very well be a diamond in the rough that ends up saving you thousands.
2. Bring a Kelly's Blue Book
By having one of these little things with you, you'll be able to know approximately how much the car is worth and thus the maximum amount you should pay. Ideally, you want to pay at least a couple hundred less than what the car is really worth or there is no point of even going to an auction. But, most people that attend these auctions blindly go into bidding, get into a bidding competition with other and end up paying way more than the car is worth. So, keep your cool, know how much the car is worth and walk away if the price gets too high. There will be plenty of other great cars to come your way.
3. Don't go to auctions announced in the newspaper.
Why? You might ask. The reason is because everybody else knows about them! If everybody in the city will be there bidding on a limited amount of cars, the prices will shoot way up. You're better off going to a car auction that not too many people know about. You can find these by going to a car auction website that contains a list of auctions in every state. You can only see the auctions by becoming an member, so they are kept relatively exclusive.
So, when looking to save money at your local used police car auction just remember to get there early, with your Kelly's Blue Book in hand and never go to the ones that everybody and there mom knows about.
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