How Do You Buy Then Sell A Car Impounded By The Police?
A police auction can be a viable place to pick up a car for a fraction of its worth to rehabilitate and sell for profit. You get a real mix of cars at these auctions, from old heaps left by the side of the road to functional, decent cars seized due to driver infractions. Step 1 Find out from your local police when the next auction is. Some departments hold auctions every month, running advertisements in newspapers or posting notices on their Internet site. Step 2 Arrive early for the inspection period to look over the vehicles up for bid. Auctions are frequently held at a commercial towing facility contracted by the police or at the police storage lot. You’re allowed a few hours for inspection before cars go on the block. Step 3 Bring cash. Most sales are final, and the auction house may only accept cash or certified checks. Step 4 Bring a valid driver’s license and proof of insurance, in case you make a winning bid and you need to pick up a temporary permit to drive the car home (perm