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11-11-2001, 05:44 PM
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#1
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Horizontally Opposed
Join Date: Mar 2001
Location: Las Vegas, Nevada
Posts: 16,864
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Siezed Vehicle Auctions
I've never been to one, but I think I'm interested. Anyone have experience and know the ins-and-outs?
You only get to inspect the cars the day before, right?
What if, lets say I find a car I like, but it's a turbocharged car. I'm not going to but it before doing a compression test. Do they have people handy to do that stuff, or no?
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11-11-2001, 07:49 PM
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#2
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Oldie
Join Date: Jan 2001
Location: Ottawa
Posts: 2,819
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I am also interested in these auctions, but dont know how to get in on them.
__________________
You can live in a car, but you can't drive a house!!
MSN: carnut16@hotmail.com
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11-11-2001, 07:55 PM
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#3
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Horizontally Opposed
Join Date: Mar 2001
Location: Las Vegas, Nevada
Posts: 16,864
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I see ads in the paper and commercials on TV a lot.
Do they charge and admission? And do you have to put down a deposit to bid?
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11-12-2001, 09:55 PM
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#4
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Funding the welfare state
Join Date: Feb 2001
Location: Petoskey, Michigan
Posts: 17,804
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All I know is you have to be ready to sign papers buying the car before you leave there. I am not sure how the whole financing thing might work.
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Resistance Is Futile (If < 1ohm)
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11-13-2001, 03:35 PM
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#5
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AF Enthusiast
Join Date: Sep 2001
Posts: 458
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There are deals to be had at them. My Grandfather purchased a Porshe 911 (87') with about 140,000 miles for 90$. Biggest POS I've ever seen. The previous owner tried his damnest to make it a targa with bondo and totally neglected engine maintenence. Thing had a flat cam and serious piston slap. I drove the bejesus out of it for about 2 weeks until the motor rolled over and died. Just keep in mind where these vehicles come from and who drove them and how they took care of them. If I had the opportunity to purchase another POS Porsche for 90$, I'd jump on the offer  .
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11-14-2001, 12:11 PM
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#6
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Oldie
Join Date: Jan 2001
Location: Ottawa
Posts: 2,819
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Idealy, it the car would have been owned by a criminal, and he is in jail for a LONG time. Or it was repossed from someone who couldnt make the payments (or a murder/suicide). Those would be good-quality cars for good prices.
__________________
You can live in a car, but you can't drive a house!!
MSN: carnut16@hotmail.com
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11-14-2001, 03:42 PM
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#7
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AF Enthusiast
Join Date: Sep 2001
Posts: 458
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It's definately worth it to check it out, just be aware of where the cars originated from.
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08-12-2003, 09:41 AM
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#8
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AF Newbie
Join Date: Aug 2003
Posts: 16
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There is a site that charges $50 and they give you a list of the cars. I would like to learn more about it though, i hear you can get good deals.
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08-12-2003, 09:00 PM
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#9
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AF Enthusiast
Join Date: Jul 2003
Posts: 130
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Quote:
Originally posted by mdh2087
There is a site that charges $50 and they give you a list of the cars. I would like to learn more about it though, i hear you can get good deals.
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Your about 2 years late on that thread! 
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08-13-2003, 04:50 PM
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#10
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SPEED World Challenge GT
Join Date: Jul 2002
Location: Chicago area
Posts: 5,876
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Re: Siezed Vehicle Auctions
Quote:
Originally posted by jay@af
I've never been to one, but I think I'm interested. Anyone have experience and know the ins-and-outs?
You only get to inspect the cars the day before, right?
What if, lets say I find a car I like, but it's a turbocharged car. I'm not going to but it before doing a compression test. Do they have people handy to do that stuff, or no?
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The auction I go to lets you inspect 2hrs before auction time, NO TESTING, TAKING A PART, just starting the engines & check if everything operates. No you can't drive them either until purchased. Auctions can be bad & good, you might get stuck with some flood damaged car or you might get a mint car. Just be very careful. There is a reason why the cars @ at the auction. We picked up (2) non-running Honda Accords for $400 total (for both) - invested about $100 in parts, cleaned up, & sold for a nice profit.
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08-13-2003, 11:03 PM
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#11
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AF Enthusiast
Join Date: Jul 2003
Posts: 130
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How can I find out when and where these auctions are held near me (in sw connecticut)? Are there good websites to find this info out? Thanks!!
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