Finding a great deal on repossessed cars is one way to save hundreds if not thousands of dollars. With so many people not in the market to buy new cars these days more and more are turning to repo car auctions. This site will help give you a break down on how to locate and what to look for when buying a repossessed car.

The first place you want to look for repossed cars is online. There are many car auction sites today and even online directories that will provide you with listings in your area. Another way to find car auctions in your area is to type "auto auction" and your city into a search engine. This should pull up a list of car auction companies in your area. Put together a list of about three to five sites and companies. Before wasting your time and gas going down to the auto auction, it is a good idea to check out the place first.

Rip-off Report is a great source that provides company ratings by customers. Another great thing is to Google map search the companies address. It will pull up consumer reviews on the car auction. It is very important to take into consideration that these reviews can be written by anyone, including malicious competitors who are out to destroy the name of the car auction so use your best judgment to decide if a review is genuine. The final place you should to check out is the Better Business Bureau website. A lot of  companies these days are part of the Better Business Bureau and receive letter grades from the agency. The Better Business Bureau usually verifies the location of the business and that they are operating.

Now that your list is a shorter, it's time to make some phone calls. A lot of auto auctions have their auctions on the weekend to bring in the most clients so the best time to call for information is the weekdays as they will be less busy and be willing to walk you through the basic steps. The first question you should ask is the hours of operation for the car auction. In general terms, they usually take place on Saturday. For police auctions and other government auctions, it usually takes place on the first Saturday of the month but always check with them first.

Many cities will have different times to fit in with facilities available to run their car auctions. The next question to ask is the auction open to the public. Some auto auctions will only be commercial or trade only which means you will require a dealer license in order to bid. You can always show up and ask one of the dealers to represent you for a fee. If you are talking to a government auction, be sure to ask if you need to provide your own wrecker. Most police auctions will not let you drive repossed cars off the lot and require you to move it outside the lot with the use of a tow truck. This is where it can really help to know a tow truck driver or know a cheap one.

Finally, don't be afraid to ask questions. Everyone had to start somewhere and most repo car companies understand this and want to help potential new buyers out. Using this guide as an outline and with your own research, you should have no problem getting that great deal on your next repossessed car.

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