Well-equipped vehicles including air-conditioning, power steering, power windows and locks, and AM-FM radios. It is important to keep in mind that by focusing on the types of cars which are most readily available at GSA auctions, you will be able to pay the lowest prices. The Government Services Administration (GSA) has contracted with AANE to sell government driven vehicles and some seized vehicles.
Some better deals can be had through dealer targeted auctions (Manheim and Adessa) but sometimes these companies require registration fees or a dealer license. Auctions are a great place to purchase a vehicle below the car’s actual cash value or book value. The Marshals use brokers such as Skipco ( ) of Canal Fulton, Ohio, to peddle their misbegotten wares; these brokers list descriptions and photos of the goods online and handle the auctions.
You can apply for a pre-approved used-car loan at your bank or credit union, or at an online auto loan company such as Auto Credit Express , and be prepared in case you win a bid. When cars seized through the DEA – IRS – FBI – other government agencies and the police through events like seizures and foreclosures the GSA holds auctions to the general public to unload the vehicles. Manheim and other wholesale auto auctions require you to hold a valid CA dealers license in order to register and buy their cars. The best chance of finding new vehicles at auctions is through the treasury department and the US marshal service. Just go to the GSA Fleet Vehicle Sales site and look at the scrolling information.
But you can save hundreds, even thousands of dollars over retail on a late model, very well maintained vehicle at a GSA auction at Central Auto Auction! Government car and property auctions of all types and sizes are held all over the country virtually every day. As we’ve already mentioned, there are always some risks in buying at government or repo car auctions. The fourth window provides links to explain how GSA auctions and auctions in general work, with one for first-timers.
Whether the traditional kind or the online variety, auctions have a number of advantages over the used car lot or the classified ads as well as a couple of potential disadvantages to be aware of. CarCo charges a fee to bid on your behalf, but once again, the deals you can find at these auctions make the fee well worth it. Once their leases are up, the GSA sells them, to the tune of about 35,000 cars and trucks a year.