This hot summer promises some hot special deals on vehicles if you know how to find them.
How you might wonder? We are talking about repossessed vehicle car auctions.
In the past these repo car auctions have presented people with huge savings.
Savings as high as 90% off the retail value price of the vehicle found in the Kelly blue book.
But there is something special about this summer.
The prices are expected to be lower than ever! "Why is this?", you might wonder.
The reason is the current state of the economy.
With unemployment staying at a high level of 9-10% and in some states as high as 20% there have been a huge influx of impounded vehicles.
Impounded vehicles come into government auction lots when people or businesses fail to make their payments on the car or truck they have financed.
There is another factor to consider.
While government seized vehicle auctions are for the general public the biggest customer there are dealers.
They make the biggest bulk customers.
That is how the majority of their cars end up on their dealership lots for sale.
However they too are struggling financially.
Many dealerships have gone out of business and will not be attended government car auctions this summer.
Can you see the potential this offers for you? Yes, if you are in the market for buying a used car there is huge potential for you by attending government seized vehicle auctions this summer.
You potentially could walk away with the car or truck of your dreams at record low prices.
Probably being the nicest thing you have ever purchased at such a bargain price.