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Meta
Police Car Auctions
30th August 2009
Even the sounds a bit strange : police car auctions. Just by saying police car auctions we get a couple of chills. {Some think they are selling cars that belonged to the police, cars that have POLICE written all over. People tend to think these auctions are selling only used police cars, because of the name. When people hear this term, they immediately imagine a big parking place with lots of police cars that are for sale.} Some people when think that these cars were crime scenes or other part of offer terrifying events. These terrible, but still probable statements are usually not true, but they can be the cause of a car auctioning in about 3% of cases.
The police cars that are out of legal function, but are running perfectly still can get aucntioned. Only that the cars will not be auctioned as you would expect, with the POLICE sign all over them. These cars will get a new paint and will be stripped of all stickers and other police inscriptions. These cars usually belonged to retired officers or are currently replaced by other newer models, so there’s no point in stocking them forever. Because at the moment a car is replaced or unneeded it is considered used asset and deducted from stock that respective car will sell in an auction without reserve. This is why people say that police cars can be bought 90% off real price. Buyers that go to these auctions know this, and never overbid on a vehicle, trying to keep prices as low as possible. If you want to go and try your chances, you will have to pay cash, no bank transfer accepted, and calculate any offered car’s price at about 50% off its normal price. Keeping the price line steady low will be used as a general guideline.
It’s true that even car that used to belong to criminals that had no family to take over the taxes are auctioned sometimes. Sometimes, you will find an occasional car that was impounded or seized for any reasons that will also get auctioned. {Sometimes, even cars that were not entirely paid for are sold by the police. Cars that are new but not entirely paid for can be also sold. New cars that weren’t successfully paid can also be sold in these auctions.} {These cars are usually as good as new, and their prices will be a little bit higher that those of the firstly mentioned cars. These new cars will have prices that are a bit higher. Because they are practically as good as new, they will register bigger selling prices.} Still, the estimated value of one new car will not be reached. Here you can also buy repossessed scooters or motorcycles, but you likely won’t find a almost new Razor pro scooter.
In conclusion, if you decide to stop by a police car auction, you will end up with valuable assets for low prices. You can then sell it and make a huge profit, then use the money to attend to the next police car auction and start a car selling business just by doing this frequently, in your spare time.
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