So it’s time to buy that new family car and finances are a little tight. This is not a big problem and shouldn’t concern you. With the economy in the state that it’s in, it comes as no surprise that that folks are trying to save on their purchases as much as they can
We’ve all heard of the savings one can make at a police auto auction, but the question remains: Are they really as lucrative as many folks make them out to be.
Perhaps you can best answer this question by looking at the origin of autos sold at police auctions. These are all vehicles that have been seized from criminals. This simply imples that, compared to a financial institution, police departments don’t have any motivation to achieve high prices at the auction events. This is a near perfect scenario for potential bidders, as you are transacting with a seller that doesn’t need to sell his product at an acceptable market value.
