Many people, who live in Chicago, take out a loan with the bank to buy a car. They even do not know that Chicago is a great place to buy a used or even a new car at the auctions, where prices can be as low as 500$ for a new car. Are you interested? If so, you are in the right place. This article will tell you more about government car auctions and why prices there are so low.
Do you know what government does if you do not pay your loans or taxes? The government confiscates you car, house or other valuable property you have. Then it holds the auction where everyone can buy your confiscated property.
That’s way the prices at these auctions are so low. There are millions of people with confiscated cars and the government sells cars at any price just to free up storage place. If you want to take part in the auction, you should pay a small fee because the auction holders have to defray costs of running such auctions.
There are many ways to find these auctions. You can search through the newspapers or even check out the local municipals for more information. However there is another way, to find hundreds of these auctions every day – online auction. I use online government auction every month because i resell cars. This is the best opportunity for me. That’s way i recommend you to use them to. If you are interested, visit my link at the end of this article. This is one of the best government car auctions in US.