You've probably either seen people advertising them or
you may have even looked into buying cars through auto auctions.
But my bet is that is about as far as you have gotten. I only
say that because if you are like me and 95% of America you were
pretty quickly turned off by either hearing or reading the words
"MUST HAVE A DEALER LICENSE TO PARTICIPATE." Let me tell you I
was turned off in a major way.
I mean who wants to pay the government for the right to do
yet another thing under their complete control? And who has the
money to pay for things like dealer licenses when all you want
is a good deal on an automobile? After all you aren't going to
actually profit from it. There's another thing too! Who wants to
go through all of the rigmarole of the licensing process
required for the auto auctions with credit checks and background
checks and the new numbers you have to memorize and the new tax
documents you have to fill out? I surely don't have the time or
the energy for adding another huge pain in the ass to my already
long list. Do you?
Well thankfully, for the both of us,
there are people who aren't as willing to be discouraged in the
face of a little bit of adversity--especially when the potential
for huge money savings is on the line! Probably one of the best
and probably the luckiest things that I ever did was to marry my
wife. She is one of these people!
We were both sitting in
front of the TV late one night flipping through a lot of crap
when an ad came on for buying "police seized cars at pennies on
the dollar!" This ad for government auto auctions caught our
attention because I had just been laid off and we had just
smashed our only car into a deer a couple of days before. We
were in bad shape financially and my wife needed a car pronto in
order to keep her job. Well like I said, I went and got on line
to check this auction company out and as soon as I saw that a
dealer license was required I gave up. My wife on the other hand
decided that it wouldn't hurt to make a few calls and see what
was all involved.
I'll say it again, boy am I glad I
married her because by making that call she got us out of a
tough spot. You see what she learned was that the dealer license
was no big deal it was simply a trip down to the secretary of
state, write a check, and take home your license that day. You
could even get a temporary license if it was just going to be a
one time purchase.
Well to make a long story short, we ended up getting a
temporary license, went to an auction and came away with a
beautiful vehicle for pennies on the dollar and sold it 6 months
later for a nice profit. When I saw how easy it was, I decided
to do it for my new job and have been doing it ever since.
About the Author:
Boyd Troublerr makes plenty of money doing something he loves,
buying and selling cars. When heís not doing that he is at a
race cheering for his favorite driver Danica Patrick. For more
auctions click on www.allautoauctions.info