Buy Cheap Used Cars On Internet Auctions!

These days, it seems like everyone wants to find a great deal. When it comes to purchasing a vehicle that can be very hard to do. However, if you use the right resources you can find a car for as much as 85% off the Kelley Blue Book value. It’s true! You can buy cheap used cars and they are well within your reach as long as you use the power of internet auctions. Don’t believe me? Allow me to explain a bit.Here’s the secret, the United States government sells off tons of cars each and every year. There are over 40 locations nationwide where the United States General Services Administration holds live auctions in which they sell surplus fleet vehicles. These are vehicles that were used to carry out the day to day activities of the United States government. Since most of the GSA vehicles are maintained through leasing agreements, the administration auctions off those vehicles at the end of the lease term to finance the purchase of new vehicles. These auctions are also commonly held online as the live auction progress is.The United States Department of the Treasury also holds hundreds of public auctions each year throughout the country. The only difference is that these vehicles sold at auctions are not Surplus vehicles from their fleet. Rather, they have been seized from private individuals for nonpayment of Federal taxes. That’s right – if you don’t pay your taxes the government can seize your private property which includes a real estate, vehicles and personal possessions.Since the Department of the Treasury is a public entity, they cannot simply impound the vehicles and leave them to rot. They have to make some amount of profit from them so they are put up for auction. A lot of people don’t understand the fact that anyone can attend these auctions and that attendance is completely free of charge. All of the money that is raised from these auctions is put into a special fund maintained by the Internal Revenue Service called the Treasury Forfeiture Fund. These funds are then used to pay restitution to victims of fraudulent activities.Sometimes, cheap used cars at these auctions can go for as much as 80% to 85% off. From time to time you may even be able to get a better deal than that. Not too many people know about this little gem, which makes it the perfect way to buy cheap used cars at a great price.