How to Find Repo Car Sales
Banks and law enforcement agencies often auction off vehicles that have been repossessed or seized. The public can get great deals on these vehicles because the sellers are in a hurry to get rid of them. When and where these auctions are held is not typically common knowledge, but they're easy to find if you know where to look.
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Instructions
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Search the local classified advertisements and legal notices in the newspaper. Some auction companies list regular ads with the date, time and location of their auctions. Most state laws require the auction companies to list a legal notice with the auction's information. Legal notifications typically run on a particular day of the week.
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Contact your local government offices, including the police and sheriff's departments, city hall and the county. You can also call the local branches of the FBI, DEA, IRS and department of transportation. Ask if the agencies auction seized vehicles and if the auctions are open to the public. It's unusual for an auction to be closed to the public.
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Call around to financial institutions, such as banks and credit unions. Ask if they auction their repossessed vehicles. Even if they don't, they might be able to point you in the direction of a bank that does.
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Subscribe to an auction directory service if you're not having any luck finding auctions on your own. Directory services send you a list of auctions for a fee. The list is a national compilation, so you'll get more information than you need.
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Tips & Warnings
You can inspect the cars before bidding starts, so take a mechanically-inclined friend or family member with you.
Auction car sells are "as-is" so you'll be responsible for any repairs the vehicle needs.
