So you are at a point where no one really needs to sell you on the fact that police vehicle auctions are a good place to shop for bargains. What you may need is just merely a proven strategy which you can implement to turn the tide and start making some money at these auctions. If you follow these next steps (4 phases) you will have started your successful journey to auction riches.

The Car Inspection

This can be pretty much described as a gift from the auctioneer - the chance to have a really good look at the vehicle. Utilise this opportunity!! Most auctioneers won't actually allow you to drive the car for a 'test run', but you will at least be in a position to inspect the engine and look for any troubling mechanical signs.

The Vehicle Identification Number

It’s the basics that most people forgot and that ultimately get them into trouble. Without any significant monetary outlay you'll be able to obtain a basic report on the 'life' and history of the car, using its VI number. This is an absolute invaluable report which provides great information and will help you decide if you wish to even consider buying at the police auction

The Title

Even though the police department does do some work to make sure there is no outstanding claims on the title of the car, they by no means do a very thorough job. Best to check this yourself as you do not want to sit with a financing house repossessing the car you just bought.

The Valuation

Entering into a bidding round at an auction for a vehicle without a reliable valuation is pretty much an act of suicide. It’s like driving downhill without any brakes on your car. If you don't have a benchmark valuation handy for the car, the chances are very good that you will bid until you win. This strategy will lead you to buying the car at a price much more than what it's worth. Therefore make sure to know this value and don’t bid a cent more than it.

With the above information you’ll generally be well prepared on the police vehicle auction day. It's very commonplace for people to get distracted and caught up with the auction activities on the day at live events. The very best advice anyone can give is to stay relaxed and stick to your strategy. No one is more successful than the calm and collected bidder who normally walks away smiling in the sunset.