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Police Impound Auction You can make a great extra income selling cars from a police impound auction.
Ever hear of a police impound auction selling cars for a 100 bucks. Where do they get the cars from and how come they sell so cheap .All good questions.
In most states, law agencies seize property that have been used in crimes. Like if a drug dealer is arrested, the assets he purchased with drug money are put on the block at police impound auction. This also may include any possession he has given to friends and family, if it can be linked to crime procceds.
Other types of property end up at these auctions. Assets that are not reclaimed from lost or recovered stolen property .Some vehicles that show up in a police impound auction are vehicles that have been towed by the police for various reasons.
How do you go about buying these cars, trucks, and other merchandise? Many hundreds of state and local police departments hold these police impound auctions. Here is a list of different auctions. A membership here allows you to purchase this seized, surplus, and abandoned property and save up to 90% off market value. |