Your Neighbor's Closed Guarded Secrets
 A "new" BMW M6 has been added to your neighbor's garage and you're wondering how on earth is he able to afford those cars? Last year, he parked a coupe on the driveway, and the other year a Dodge. Now a BMW M6! He must be onto something and he's keeping mum about it.
Haven't you heard of police car auctions? Yes, you read it right, police car auctions. Every month hundreds of cars are impounded by the police. These cars figure in local crimes or are abandoned for unknown reasons and no owner goes looking for their cars. The police auctions off hundreds of cars periodically instead of letting these cars go to rust.
Hundreds of cars from SUVs, to vans and truck of all make and models are auctioned off. Your neighbor got that BMW for $1,600 and that's several fractions off the actual cost of the car. But if you are lucky you can get a high performance car for less than that if you bid your way around smartly (or get it as groomsman gifts!).
Now that you know, start getting those local dailies and scan for police car auctions in your locality or in the nearest county. If there is a scheduled auction, go and take a look so you can get the feel of the process. Once you've educated yourself with the basics of the auctions, start saving those dollars in your money clip wallet for the best car deal of your life and your neighbor's closed guarded secrets are closed guarded secrets no more.
Preparing for the Auction
 Before the auction, decide what type of car you need and settle on a budget. This way you won't waste your time looking for the car, remember there will be hundreds of cars up for grabs. In the first place, you are at the auction to buy a specific car, not liquor flasks, within your means.
Call the police department holding the auction and ask for details and check if the type of car you want is available. Also, bring a loaded money clip wallet and an experienced mechanic if you are not with car troubles. |
