Auto Auction Secrets

You may be aware that, all over the country, auto auctions are in full swing at all times. What you may not be aware of is that you can easily find incredible bargains at these auctions that will enable you to purchase a vehicle very inexpensively and possibly even resell it for a profit.

The two leading sources of these auto auctions are banks and the government. In the case of the government, you can be dealing with the federal, state or local level. Banks auction repossessed vehicles, frequently for pennies on the dollar. They are not in the vehicle business and want to turn these unwanted possessions into cash as quickly as possible.

Usually, banks will auction vehicles for what is owed to them on the loan that they initially issued. In some cases, there could be very little left on the loan, and you could be in line for a significant bargain.

In the government’s case, whether you’re dealing with federal, state or local authorities, there is a different imperative involved. The government never issued a loan on the vehicles they auction, so getting their money back is not foremost in their minds. Most vehicles auctioned by governments have been seized, along with other possessions, from individuals who have been involved in illegal activity. As a result, since there is no target amount to derive from the auctions, vehicles can and do get sold for very little money.

You can get more information on this fascinating subject by getting my totally free report from the link in my resource box below. It takes you through the complete process of finding vehicles at auctions.

Governments also auction their own fleet vehicles that have outlived their usefulness. Usually those vehicles will be relatively high mileage, but don’t let that scare you off. Government vehicles are, for the most part, very well maintained, so the risk involved in buying a used car with high mileage is minimized.

There are some disadvantages to purchasing a vehicle at an auction. First, you don’t have a chance to test drive the vehicle. Second, you’ll usually have to pay cash on the spot, with no financing being offered. Third, no warranties are issued, so it pays to study the vehicles and to know your stuff. But as in anything else involving a purchase, if you prepare carefully and do your homework, as well as using common sense, you can find a great bargain.

If you adopt a careful approach and go in with our eyes wide open, you can win at the auto auction game. With the price of cars steadily rising, this may well be your best option for saving lots of money and getting a good vehicle as well.

Get my free report from the link in the resource box for more detailed information on auto auctions. Happy hunting.

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Pros and Cons of E Auctions

If you thought that Internet and online business has been enabled only in case of business to customer type of business, you are wrong. Even business-to-business is conducted through online procurement and online e auctions. This is fast becoming the most popular way of selling things to other businesses.

Anything new takes a while for us to learn. This is true in the case of e auctions too. You need to know how things work and decide if this is the right option for you. When you have understood to how to participate in the e auctions you are ready to enter it.

E auctions do not have the scope for physical exhibition of the items on auction. At the most you may get to see the photos online. In traditional auctions one is able to see the item physically before buying it. Therefore if you are buying an expensive item, then you need to think twice if you are comfortable buying without seeing it.

Traditional auctions have both buyers and sellers talking to each other at the auction site and there is opportunity for live interaction. This is not available on e auctions. At best you may be able to chat online with the people carrying out the auction.

Online auctions do score over the traditional auctions in the sense that you need not pay huge amount of rent in securing a venue for holding the auction.

It is not only the rent that you save on in an e auction, but you get to save on other incidental expenses including refreshment and snacks cost that you would otherwise have to spend. E auction does not have any such provisions for expenditure.

Just imagine with e auction you can reach to buyers from across other countries and engage all those who are interested in your ware, but when you hold a traditional auction you are limited to calling only those who are in the nearby vicinity and a small group.

Now that you have been educated regarding both the types of auctions, you are ready to engage that mode which suits your business needs best. Decide on one channel after considering the benefits and disadvantages of both the channels.

Dave Espino Infomercial – Auctions For Income Reviews

Dave Espino’s infomercial promoting auctions for income had me dreaming about making money on eBay. When I awoke, I found the TV still on, and Dave’s auctions for income infomercial guaranteeing you can earn at least $500 in 30 days, and reducing the price of $39.95 to $19.95. With the promise of making money at home online and a money back guarantee, is this something worth buying?

Dave Espino eBay Book

I had purchased a book at Best Buy in 1999 called Online Auctions at eBay, Bid with Confidence, Sell with Success, by Dennis Prince, for $19.99 and learned by reading how to check sold items for price comparisons, and how to put together an effective listing. This was enough to allow me to make several hundred dollars selling an extra computer printer on eBay.

Today you can find library books free of charge that give you the same information. Plus there is an active community of eBay users that will give advice and suggestions, and help you out, in addition to the information provided by eBay on how to get started.

Dave Espino Infomercial

It is reported that people have an average of $680 of unused stuff lying around the house, and I suspect that is the basis for the claim about making $500 your first month. For a $20 product, most people might find it not to be worth the effort to return a product and pay handling, then shipping charges both ways.

Finding wholesale suppliers willing to sell in small quantities may not be so simple. Sometimes inexpensive low quality merchandise may be nothing more appealing that what is available at the local discount store in your neighborhood. For items that are in high demand, there is a lot of price competition right on eBay.

Some people with a high level of desire and determination have found value in buying the thousands of dollars of additional private instruction available through the Dave Espino infomercial, but I suspect people with this level of drive could find similar information independently.

Auctions For Income Reviews

Dave’s Auctions for Income headquarters are in Chino, California. The Better Business Bureau Reliability Report for Auctions For Income, gives a BBB Rating of F. F is the lowest possible rating.

The rating was based in part on people being told they had to join PMI Coach for $5,500 to make the kind of money advertised, and that they need to have a website. There were also unanswered claims from 2008 regarding unauthorized and continuing payments on people’s credit cards.