Do you want to buy a car at low cost? NYC holds impound car auctions. As announced by the New York Police, it will carry out during the next weeks of July five auctions of cars in different counties of the City. Two are scheduled in Queens, two in the Bronx and one more in Brooklyn.
Each month, the New York Police Department hosts these auctions to sell seized cars in different procedures and that have not been claimed in a certain period of time. There are models from 1998 to 2020, of various brands and different conditions. Real bargains can be found.
You can see: Auction of cars taken away by the police: what they are and how to take advantage of them
New York Police car auctionCredit: Shutterstock
Those interested in participating in this type of auction must be over 18 years of age. and they will have to settle the vehicle in cash at the moment. The authorities point out that the vehicles do not have a guarantee once they are purchased.
Dates and places of the auto auctions in NY
Bronx
Day: Friday 14 July
Time: 10:00 a.m.
Lugar: Five J’s Automotive 4825 Baldwin Street, Bronx, NY
Number of vehicles to auction: 60
You can review the list of cars in the following link.
Brooklyn
Day: Friday 14 July
Time: 10:00 a.m.
Location: Ken Ben Industies 1908 Shore Parkway Brooklyn, NY
Number of vehicles to auction: 69
You can review the list of cars in the following link.
Queens
Day: Friday 14 July
Time: 10:00 a.m.
Lugar: 5 J’s Towing 62-02 Beach Channel Drive Arverne, N.Y
Number of vehicles to auction: 41
You can review the list of cars in the following link.
Queens
Day: Tuesday 18 July
Time: 10:00 a.m.
Lugar: Legacy Towing, 131-01 39 TH Avenue, Flushing, NY
Number of vehicles to auction: 34
You can review the list of cars in the following link.
Bronx
Day: Thursday 20 July
Time: 10:00 a.m.
Lugar: Five J’s Automotive 4825 Baldwin Street, Bronx, NY
Number of vehicles to auction: 56
You can review the list of cars in the following link.
Fines for auctioned cars: the buyer does not pay
On the City’s website it is reported that, in vehicle auctions, the Vehicle owner must pay all fines that are in court and fines and interest to redeem the vehicle. That is to say that you, as a buyer, do not pay them. The car comes into your hands without this type of debt.
Towed vehicles are sold at auction if not redeemed after ten business days from the date. The proceeds of the auction, after expenses, are used to pay off the judgment debt. Expenses may include execution fees ($80), poundage, storage, booting, towing, advertising costs, auctioneer, and plate removal.
Buying a used vehicle at auction can be very easy if you know what the steps are like. customers.Credit: Kmpzzz | Shutterstock
How to participate in a car auction
Before you offer to buy one of the cars in the auction, keep in mind that bidders should be prepared to pay for any vehicle they buy as soon as they place the winning (highest) bid.
Payments must be made in cash. Anyone not willing to pay immediately should not bid. Also, some cars may have a lien on them. Buyers purchase the right, title and interest in a vehicle, subject to any and all recorded liens.
You can see: Types of car titles in the United States: meaning of each one
It is important to remember that the Sheriff is not responsible for notifying bidders of liens on vehicles. “A vehicle subject to a lien remains subject to the lien after the sale. Any vehicle with a lien may be subject to repossession by the lien holder.
All vehicles are sold “as is” and must be picked up from where they are located by the buyer. That’s why potential buyers are always encouraged to do their own research on the history of the vehicles they wish to bid on.
Vehicle safety recall information can be investigated at the following link.
Credit: New York State Department Of Motor Vehicles | Courtesy
You can see: License plate of the city of New York.
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2023-07-13 15:42:36
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