Every day thousands of Americans default on their car loans or lease payments. As a result their new, or almost new, cars get repossessed or seized by financial institutions and auctioned off in a hurry because the cost of storing the cars outweighs the banks' ability to try to make the lost money back (same with police auctions, etc.). Consequently, lucky people who have access to direct sources where these repo cars are being sold find themselves overwhelmed by dirt-cheap offers that look unbelievable to the average car buyer. This is real and is being taken advantage of by many car dealers as well as a very small number of public citizens.
The US Government also needs to sell its own vehicles after a certain time due to their policies and overall financial considerations. These vehicles have been written down in the books and offered to the public.
Yes, Government bodies not only take great pride in the upkeep and maintenance of their vehicles but it's also part of their organizational responsibility to comply with work safety legislation etc. You will find most of the vehicles come with stamped log books, complete with service history. Also, many of them are still under manufacturer's warranty. Most cars are only 2-3 years old and the majority have travelled between 25,000 - 40,000 miles.
Full Gov Auctions Database Access! All cars, makes & models, SUVs, trucks and more, sold for up to 90% off book value in your area!
Search and bid on seized and foreclosed homes, land, personal property and more in your area!
Americans have billions of dollars in unclaimed funds waiting to be claimed.
Seized Boats And Vessels
Buy your dream boat, jet ski, or other vessel for almost nothing! Get in on the big auctions, the world's largest boat and vessel liquidations now!
Personal property items
Jewelry, furniture, office equipment, collectibles, antiques, sports memorabilia and more.
IRS, DEA, FBI, US Treasury
Government surplus property.
How much can you save by buying car from here?
How many people would recommend gov-auctions?
What is the chance of getting a bad vehicle?
Because this is a very protected source of revenue for the majority of car dealerships and is not advertised to the general public. However, we have gathered enough information and access rights to be able to let our members enjoy a multitude of the direct sources where one could find their next vehicle with up to 90% savings off the book value price.
Yes, there are. There is an increasing demand for online access to repo car listings and being able to bid and buy online... and we will give you access to those sources.
Not complicated at all. Typically, you would arrive to your local-area repossessed car auction early in the morning and inspect the cars on the lot that are up for sale that day.
Typically, an auction centre or online auction source would offer a 3 month warranty or guarantee free of charge. For extended warranties, a small fee would apply, depending on the source. But in general it's not a problem, since many repo cars are almost brand new and with documented service history.
Absolutely! Many auctions offer a complimentary CARFAX VIN report before you start bidding, for your peace of mind. Or you can order a CARFAX report yourself for any vehicle.
There are no hidden fees. Standard fees such as title and registration still apply and are paid the same way as if you bought the car through a private transaction or at a dealership. However, the luxury tax is not required, since it has already been paid by the first owner upon getting the car registration.