If you want to buy seized pickup trucks in Syracuse NY then it is essential that you pay attention to upcoming government auctions. In most cases, vehicles which were seized will not be sold directly to citizens, but rather in an auction setting. Most people think that sees trucks will only be found at local police auctions, but there are actually several government agencies which sell seized vehicles. Here’s a quick look at the most common places that you will find seized pickup trucks for sale in Syracuse and how to position yourself to get the best deal possible.
Pickup trucks are seized by the government for two reasons. The first is because they were somehow involved in a crime. Most of the time, this is something simple like the driver getting pulled over without their license and getting their truck impounded. If they decide not to pay the fees and fines associated with their traffic violation, they will not be able to get their truck out of impound. Once the truck is in impound for 30 days, the local government will put it up for auction. Along with local police, the US Marshals Service also seizes vehicles. There could be a variety of different reasons for this, most likely it is financially related. For example, if they believe that a truck was purchased with funds obtained illegally, the asset will be seized. The IRS could also seized vehicles in order to reclaim the value of unpaid taxes. The city of Syracuse or state of New York could also seized pickup trucks for tax purposes, however they normally won’t seize anything but homes and commercial properties.
Now that you have a better understanding of why these vehicles are seized and by whom, you can now start to position yourself to buy seized pickup trucks in Syracuse NY at rock-bottom prices. The first step is finding out when these auctions are being held. Depending on the agency involved with the seizure, the auction dates and locations can vary. Additionally, there is a good chance that you will miss out on a few auctions because you did not see the listings published. In order to prevent this, using online truck auction websites can be an excellent tool that will make sure that you always know about upcoming government auctions with seized vehicles in them. These websites receive listings from a variety of government agencies, and compile all of the information for you. This insures that you not only know the auction day, but also what will be available at that auction.
Once you find out about upcoming auction, the next step is preparing for the auction. If you try to buy seized pickup trucks in Syracuse NY without doing your research, then there’s a good chance that you will overpay or simply end up not placing a bid at all. The whole point of the research process is to protect yourself. It will help you determine what the market value for each truck is as well as help you zero in on a handful of trucks that will best fit your needs. In order to determine the market value, it is important to find out as much about the seized pickup trucks as possible. By using the online truck auction websites instead of traditional print listings, you will normally be given access to a lot more information that you can use. This will include things like the VIN number and key aspects that will affect the overall value, such as mileage or any visible damage.
Now that you have compiled all of your information and decide which trucks you are interested in, the next part is actually becoming involved with the auction. In most cases, the average person finds much easier to simply place bids through the online truck auction websites because it allows them to avoid actually attending the auction. An added bonus, is that some auctions which include registration fees, will waive those fees to anyone placing a bid online – or only make them pay those fees if they end up purchasing a seized truck.
One extra quick tip to think about. When you buy seized pickup trucks in Syracuse NY there is a very high likelihood that it will not come with the keys. While there is a good chance that you will be able to quickly remedy this problem once you purchase it, it does mean you may not be able to drive it off of the lot, so having a method of transportation – such as the tow truck, could be helpful.
