Post by mannhursthurst6 on Mar 3, 2012 20:15:46 GMT 10
How is this possible you may be wondering? It's actually quite simple and works off the good old law of supply and demand. Every year thousands upon thousands of cars, trucks, SUVs, and motorcycles are seized or repossessed by government law enforcement agencies, the IRS, local law enforcement, and banks from people who can no longer afford the payments or those involved in criminal activities.
There are limited storage facilities for all these vehicles so to save money the government and private companies involved auction them off to recoup some of the money needed for processing and storage. As long as these costs are covered with the sale of the car they don't really care what the final sale price is. In many cases vehicles will start being bid at just a few hundred dollars. RV Salvage Junk Cars Auto Auction
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