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Are you liable for fees once police auction off your car?

James Washington

in Student Loans

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Amanda Johnson on July 2, 2018

Depends on the amount you receive for the vehicle. If it is a low value of the car will be crushed, but you are still responsible for the expenses incurred. If the car is in good condition then the car will be auctioned off and the fees to be paid from that. However, you do not receive the balance of the proceeds. There are a lot of auction houses that are contracted to sell engines in the name of the police authorities with hundreds sold all over the country every week. Two of the biggest car auctions are Mannheim and British Car Auctions, and there are several hundred that sell seized cars.

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