People purchase cars in new and pre-owned conditions based on their requirements and budget. But they often overlook the possibility of buying seized cars. These are automobiles seized by banks, law enforcement agencies, and the government each year. One might be able to purchase such vehicles for almost 90 percent of their retail value at various auctions, which makes them worth considering. Here are some top sources where seized cars are up for auction.

Search government auction sites
Government websites are one of the first places to look for auction cars. These sites will tell the individual when an auction is taking place and its location. One may also look for privately-run sites that contain information about government auctions. While one might have to create an account to use the website, most offer free trials. However, one may have to pay to use the services when the trial period ends.

Search print publications
Traditional media could be the best source for finding seized cars at low prices. Various magazines list auctions and seized cars for sale. However, the car usually advertised may not be the one available at the auction. The local paper may also contain information about upcoming auctions.

Check with authorities
Law enforcement can be a trustworthy source if you’re looking for seized cars up for auction. The police typically store cars at towing yards where potential buyers can inspect the available stock before placing a bid. Doing so allows buyers to see the cars in person and assess their condition before purchasing.

Speak to lenders directly
Some banks and credit unions may let potential buyers look at their file of repossessed vehicles. The individual may also be able to inspect the car and then make a bid for it. Since lenders usually want to recoup their losses, one may find the best deal this way. However, one might pay more than they would at an auction.

Look for dealers who specialize in repo sales
Those looking to purchase a car might want to consider dealers specializing in repo sales, as they may offer customers a significant discount. To find these professionals, customers can easily search online and locate those closest to their area. Unlike high-pressure auction environments, repo sales allow customers more time to research the car they are interested in. However, it’s important to note that the price of the seized car may be higher than what one would pay at an auction.