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So, your friends have been begging you to tag along to a Barrett Jackson car auction or a British Blackbush event, but you don’t know if the repo car auction stories you hear are for real? I mean, bidding that starts at 90% below market value sounds just a tad too good to be true and we all know what they say about deals that are too good to be true…

It all depends on your take, your constitution and your vehicle knowledge. If you do your homework and visit a reputable set-up such as a Barrett Jackson car auction or one of the other well-known repossessed vehicle outfits, you can get a deal that will have you walking on clouds for weeks.

These public sales are held all over the world. They are as popular in South Africa as they are in Arizona. While many auto lovers are still not tuned into the opportunities awaiting them at one of these venues, many savvy shoppers steer clear of ordinary dealership lists and head straight for the nearest repossessed car auction.

It is of course quite possible that occasions such as a Barrett Jackson car auction is kept quiet, as many dealers fill their showrooms with the bargains they pick up, and don’t always appreciate the public pushing prices up.

You may wonder why on earth these cars are so cheap and where they come from. Most of the vehicles are seized by government or police agencies under a host of laws. I am talking about thousands per month. To keep them locked up somewhere costs a tremendous amount of money, so it makes sense to get rid of them as soon as possible at sales such as Barrett Jackson car auctions. The urgency behind these public sales explains the low, low prices.

Are these junk sales? Not at all. Of course there may be a lemon or two among the lot, but many of these sets of wheels are fairly new and come with a low mileage. The owner was responsible for luxury tax, so this doesn’t apply at a public sale. There are no hidden fees or costs. You will of course have to make provision for title and registration, but this is part of any deal at a dealership.

So, what is usually on the menu at these venues? Let’s take a look at some real sales. How about picking up an Audi Allroad Quattro at 50% off its market value of $31,000 or an Acura CL 3.2 with a $21,000 book value at a discount of around 70%? You may just be able to seal the deal on a Hyundai Elantra at 10% of its market value. Granted, you may not always be so lucky, but you will never know what could have been if you don’t give it a try.

It would be silly to tackle the repo car auction scene without doing your homework. Thanks to the internet, you have access to a wealth of information. Then there are sources such as Motor Trend Magazine. Here you can get into used vehicles, new autos, concept cars, road tests, and you will also get the latest on auto shows.

A variety of websites offer guides to making the most of an occasion such as a Barrett Jackson Car Auction. You will soon feel part of the crowd and be able to bid like a pro. These gatherings often pull around 70,000 people with a total sales value of up to 32 million dollar! Just imagine the vibe. You can be sure to spot tip-top classics among the latest sport models. Don’t be surprised if you find yourself bidding for a Shelby GT-H convertible. Of course, if you take the prize, it may bring your cheap auto insurance to an end…

In the UK, British Blackbush events are the place to be. These are held at the airport and is seen as the major public sale event to attend. These guys know how to do it. You can be sure that there will be from appraisal services to valet services on the grounds. Bring the family and leave them to enjoy the restaurant’s fare. Many a rare classic has been collected here over the years.

So, why don’t you make sure that you are at the next repo Barrett Jackson car auction, even if it is just to see what all the fuss is about?

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