Little-known way to buy cheap luxury car – from | Tech News

Motorists fascinated with shopping for a luxury or efficiency car on a price range have been urged to look in an unlikely place full of cheap used fashions with an fascinating previous. Used car costs sometimes rise considerably during April, with a restricted stock on the market usually inflicting values to increase. However, one kind of car public sale can enable drivers to get behind the wheel of their dream car for a notably good price.

In a weblog post, the insurance coverage manufacturing unit urged drivers by no means to rule out police car auctions, during which autos that had been seized by authorities are bought off. They defined: “When you see an advertisement for a ‘police car auction’ then it could be one of a variety of auctions where vehicles seized by the authorities are being sold. In many ways a police car auction is very similar to any other new or used car auction. “The essential distinction being that every little thing within the public sale has been seized by both the police themselves or bailiffs, banks, insurance coverage firms, finance firms or different lenders.”

Whilst motorists may think that vehicles sold during police auctions were likely stolen or used for high-speed chases from the law, the majority were seized or repossessed by local forces or bailiffs.

The vehicles sold by police forces vary considerably in age, performance and overall condition, but many are sold for significantly less than those elsewhere on the market.

Nevertheless, drivers should approach police auctions with some caution, with most offering no warranty and some vehicles not having a valid MOT, meaning that drivers may need to arrange transportation if they make a winning bid.

According to data sourced from a freedom of information (FOI) request, during 2023, the Metropolitan Police auctioned a number of models for particularly affordable prices.

These included a 2016 Ford Grand C-Max for £2,500, a 2020 BMW 5-Series Gran Tourer for £3,287, and a 2019 Vauxhall Astra Estate for £2,400.

The force also sold a wide number of commercial vehicles and motorcycles during the auctions, including a 2013 Vauxhall van for £4,280 and a 2016 BMW bike for £2,270.

Alternatively, Insurance Factory also noted that many police forces also use these auctions to sell off retired vehicles owned by the force, which will have been maintained to a particularly high standard.

They added: “Every yr police forces up and down the nation have to retire and exchange many autos to keep their fleets up to date and offering the very best public service. After all, you gained’t get far chasing criminals in an previous banger!

“A big advantage for any buyer of an ex-police car is that you know the vehicle will have been properly serviced and maintained by qualified professionals throughout its career.”