Purchasing a vehicle from a police impound lot or auction can be an excellent way to acquire a car at a significantly reduced price. These cars are often seized due to legal issues, unpaid tickets, or criminal activity, and are sold by law enforcement agencies to recover towing and storage costs. Here’s a guide to help you buy a car from an impound auction.
Buying Cars from Police Impound Auctions: A How-To Guide
Understand the Types of Vehicles Available
Police impound lots offer a variety of vehicles, including:
Seized vehicles: Confiscated due to criminal activity or unpaid debts.
Unclaimed vehicles: Abandoned after being towed.
Forfeited vehicles: Surrendered due to legal violations or settlements.
These vehicles range from luxury cars to everyday sedans and trucks, though some may need repairs.
Locate Police Impound Auctions
To find impound car auctions, check:
Local police department websites for auction schedules.
Government auction sites like GovDeals, AutoBidMaster, and Public Surplus.
Tow yards or impound lots that host their own auctions.
Online platforms like Copart and IAAI.
You can also reach out to local law enforcement for information on upcoming auctions.
Research Auction Rules
Each auction has its own policies. Key factors to consider include:
Bidding process (in-person or online).
Payment methods (cash, credit, wire transfer).
Registration requirements (pre-register as a bidder).
Vehicles are usually sold “as-is” without warranties.
Inspect the Vehicles
Since cars are sold “as-is,” inspect them carefully. Check for damage, rust, or missing parts. Verify the VIN to avoid buying stolen or salvaged cars and use services like Carfax for a vehicle history report.
Finalize the Purchase
After winning, make payment, obtain necessary paperwork, and register the vehicle at the DMV.
By doing thorough research and inspecting the vehicles, you can find great deals at police impound auctions.