 Re: GSA Auctions
I bought a car for my wife a few years ago at a GSA auction. It was a 4 cylinder 4 door Chevy Corsica. Had fairly low miles (45,000) and bought it for about 2500 less than a used car dealer was selling them for at the time. There were no warranties and were sold as it. I got the Gov't paperwork which was taken to Motor Vehicle Dept. to register it. Me and a friend walked through a lot of about 100 cars / trucks looking at each car I thought of buying and marked its lot number on the list. We crawled around, inside and under each one. Started them up, checked everything out. Then went inside to bid when the auction started. It was one of the first GSA auctions in our area that was open to the public and the first few cars I had marked on the list went quick and for higher prices than I wanted to spend so had to wait for a car further down the list. Wife was very happy when I brought it home. She drove it for 4 years and we sold it for not much less than I paid for it.
The local auction place also had a full service inspection that could be performed on a car we were interested in. For a small fee they will put it on a lift and check it from top to bottom for you but I've been working on cars all my life and didn't opt for that service.
As with any used car its buyer beware. Know what you are getting into before buying but there are some good deals to be made. Also, our GSA auction was cash or certified check and you had 24 hrs to pay and remove the vehicle from the lot.. |