It sounds too good to be true but you can actually get a pretty new car for a fraction of the original cost. This is because federal, state and local government agencies regularly seize possessions, including auto cars, and auction them off. These are known in the industry as government seize vehicles auctions. Banks and other lending institution also regularly repossess automobiles from non-paying customers and auction off the vehicles in order to recoup their losses. The thing is, most of these government auctions are not advertised.

Only a few people in the trade such as smart car dealers actively source out and participate in these auctions. In the past, unless you knew someone in the trade, you would not be able to get in on these auction. However, recently, web sites have sprung up offering the public direct source access to these once secret government auctions.  Maybe that new Mercedes 500SL or Lexus LS460 that your neighbor is driving came from one of these government seized vehicles auctions. So, what are you waiting for? Click here to see if there is a secret government auction in your area.