Here is a well kept secret that not many people are aware of. Did you know you can buy a car or other vehicle for $300 simply by attending a local government auction (I'll cover where the $39.95 come into play later). Here's how it's done! At the majority of government and police auctions if a vehicle doesn't meet a predetermined opening bid during the auction, it will be put up for sale at the auction's conclusion for $300. This is because the government likes to eliminate any costs involved in storing vehicles after the auction. I noticed this when I was going through some car listings on the Government Auctions site. With car after car that was listed, there was information stating that 'if this vehicle does not sell at the auction it can be purchased after auction for $300'. Furthermore this information was not that obvious so it's not like there will be excessive competition at these auctions. In fact upon further research including calling a number of the auctions, using the number provided on the Government Auctions site, I was surprised to hear that due to the current recession, cars selling for $300 at these auctions has been increasing. This is because car dealerships cannot obtain credit or sell their current inventory resulting in many more cars available (in great condition) then people there to buy them. The cost to gain access to these government car auctions with all of the vehicle listings and associated information is $39.95 (so car total is $339.95). It is worth it though, as you get listings of the less obvious auctions with detailed vehicle information for each auction. The membership also contains listings of items such as car parts, jewelry, furniture, home/garden equipment, electronics and even foreclosed homes, all offered for pennies on the dollar. Once you choose the vehicles of interest from the government auction in your area, then attend that auction and low bid on each vehicle. Better still wait until the auction is over then pick up the unsold vehicle(s) you like for $300 (auctions may have slightly different policies on this so call in advance). Also if you are unfamiliar with what to look for when purchasing a car there is free information about this available on the site described below. By thinking out of the box and going to a government car auction you will unlock a whole new world of value pricing for cars. How do I know this, I just picked up 3 cars last month including my Beemer at one of these government auctions!
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