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Friday, January 14, 2011

Auto Auctions to Save Money

In today's economy everyone is looking to save money and what better way than to purchase a used car once it's time for a new vehicle. With new cars depreciating so quickly after they are purchased, it makes sense to buy a car after the initial depreciation is no longer a factor. The government wants to help consumers by suggesting auto auctions as a choice.

The General Services Administration wants consumers to find their auctions rewarding and enjoyable. By becoming familiar with how these auctions work, you can find great success and get a great deal on a used car. Not only can you save money on the actual car, but used car insurance rates tend to be lower as well, so you should see savings in this respect as well.

The GSA website talks about what you should know before you attend an auction. GSA holds its public auctions through registered auctions throughout the nation. If you are interested in participating in such auctions, you can register at their website and obtain a bidder number at the auction house before the sale and there is not a registration fee. Worth looking into if you are in the market for a used car.

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