How To Buy Cheap Used Cras With Low Mileage

THE BAD NEWS: A few years ago when the economy was actually booming (we all remember those times, don’t we?), lenders made it relatively easy for shoppers to buy cars they couldn’t afford by stretching out loan payments to five or six years, and also relaxing standards for car buyers with blemishes on their credit reports.

As happened with the sub-prime loan crisis that is now causing waves of home foreclosures, more and more Americans in recent years have had their cars repossessed. These cars are then sold at car auctions for a fraction of their retail price, sometimes as much as 80% - 90% off the retail price. One local auction company in the Boston area saw repossessions nearly triple last month compared with a year ago.

THE GOOD NEWS: It’s a great time to buy your next car through a used car auction. There are thousands of cheap used cars, trucks, SUVs, and even luxury models up for auction every week across the country.

The quickest and easiest way to find an auction is to use an auction database. Just plug in the make you want and your zip code and gain instant access to all auction houses in your area with full contact information.


There are quite a few databases online, but not all were created equal. Based on user experience there are a few sites worth checking out:


Car-Auctions.com is a WYSIWYG (What You See Is What You Get) site. For $29.99 you get unlimited access to their database of car auctions without a whole lot of other bells and whistles.


Seize Cars.com is another good database. For a one-time fee of $49, you get unlimited access to all car and truck auctions, as well as auctions for boats and houses and electronics, etc. So, if you want to buy a car AND a family boat, this is a good choice.


Gov-Auctions.org was named America’s most trusted and largest resource for Government and police auctions. They also charge $49 for unlimited access to car auctions, as well as boats, homes, electronics auctions, etc. But they offer some things the others don’t.


For one, they have real 24/7 customer support. If you have a question – a real human being gets back to you with an answer. Pretty rare nowadays.


They also have a free auction tutorial which is not offered anywhere else. If you’re new to auctions, this tutorial will explain, step-by-step, how to get the car you want for the price you want.


Gov-Auctions.org also has a free car loan service where you can receive instant car loan offers with the best rates on the market, without any of the usual hassles. A definite time-saver.


Happy car shopping.