Did you know you can purchase a car and other vehicles for $300 simply by attending a US local government auction (I’ll explain the other $39.95 later).

Here’s what’s up! At most government auctions if a vehicle does not sell during the auction, it will be sold at the end of that auction for $300.

I first discovered this when I was checking some car listings on the Government Auctions site and noticed that with car after car listed, there was a note saying ‘If vehicle does not sell at auction can be bought after auction for $300′ in the not so noticeable ‘More Information’ area.

I did further research on this by calling a number of the auctions using the number provided on the Government Auctions site and to my surprise, because of the current recession, cars selling for $300 at these auctions has been increasing. In fact at some of the auctions there were actually more cars (in great condition) then people to buy them.

It does cost $39 at Government Auctions to get all the vehicle and auction listings plus all the other info that goes along with it. It’s worth it though as these auctions and cars are hard to locate (less competition), plus you’ll also find many items including car parts, foreclosed homes, jewelry, electronics, furniture, office equipment, etc. for pennies on the dollar.

So once you have selected the vehicle auctions you’ll be attending in your area from Government Auctions simply attend the auctions, check out, and bid on a vehicle or even better wait until the auction’s over and purchase any remaining vehicle for $300 (some auctions may have different policies on this).

You’ll find some really good deals there. I know, I bought my Beemer at one these auctions.