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Old 01-13-2005, 07:28 PM   #2 (permalink)
merkerguitars
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Location: Wisconsin...
Recently last summer my dad got a hell of a deal on a car from a public auction. It was an auction held by a lady that was auctioning off her dads whole estate, including her car. My dad ended up with a 1998 cadillac sedan deville, that had every option under the sun for $13k and only about 37k dealer maintained miles. Needless to say the auctioneer was pissed that it only went for so little. I've been to other public auctions and i've seen many vehicles go for dirt cheap. (like a s10 with a chevy 350 that was built to the hills, but the transmission was blown out) that vehicle only went for about $400. Around here usually when someone dies or is going out of business they hire and auctioneer service to auction off all the property, every once in awhile if you have the money on hand and if not a whole lot of people show up you can find lots of deals on vehicles.
I've never been to a police auctions before but I heard you can get good deals there.

Another good source for cheap cars is bank auctions, just check with your local banks and credit unions and they will tell you about them. These are the vehicles that alot of punk kids or deadbeats buy and then realize they can't afford them, they are repo vehicles and usually you can get them for a good chunk under blue book price since most banks want to get rid of them asap. My friend purchased a monte carlo from a bank auction for about $6k under blue book.
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