"There are two types of public auctions," explains Steven Lang, who runs a used car dealership in the Atlanta area and once owned a dealer auction (not open to the public). "There are government auctions and there are public auctions." Both are full of potential pitfalls. Here's a quick rundown on both and 10 tips for getting the most out of either. That is, if you dare to venture into the auction pit.
Government, for one, usually holds auctions for cars. These automobiles are either seized by police during special operations or previously owned by government agencies. They are also the ones that were obtained because of seizure laws. What makes these automobiles more interesting is the fact that besides being of great brands - such as BMW, Honda, Chrysler, and Lexus, to name a few - they're highly affordable. You can even start your price at a mere $200.
Selling the donated inventory from a liquor store on behalf Spirit of Flight Foundation via online public auction. The 501 (c)(3) foundation opened in 2007 in Northern Colorado. The Purpose Of The Spirit Of Flight Is To Inspire And Educate The General Public On The History And Significance Of Aviation Through Public Display Of Aviation Artifacts, And By Organizing And Supporting Aviation Events That Enable Americans To Learn More About Their Heritage Through Direct Participation. Their Mission Is To Acquire, Restore, Preserve And Display Aviation History To Honor All American Veterans, To Educate The General Public Of The Significance Of Aviation, And To Inspire Future Generations To Become Involved In Aviation And/Or Aviation History. The Museum Serves The Front Range Of Colorado And Has Had Over 10,000 Visitors Since Opening To The General Public In 2007.
Antique Furniture, Complete Bedroom Sets, Many Collectibles Including Department 56, Vintage Toys Including Tonka, Raggedy Ann, and more, Formal Dresses, Name Brands Like Michael Kors, Ivanka Trump, Levis and more. Pre-Lit 7ft Christmas Tree, Fishing Lures, Power Stations, Griswold Cast Iron. Lots of Christmas Decor. Many Unique and Discontinued Pieces, and MUCH MORE!
Large Gun Collection at Auction – Pistols, Rifles, Shotguns – including: Anderson Arms, Rock River Arms, Double Star, Savage, Browning, Remington, Stevens, Enfield, Norinco, Ithaca, JC Higgins, Fabricade Armas, Aero, Eagle Arms, Critical Capabilities, Bush Master, Ruger, Jennings, Sig Sauer, Armscor, Para Ordinance, Eaa Tanfoglio Witness Match, H&R, Bauer, Smith & Wesson, FEG, Thompson, Bersa, and More! (Note: Federal/State FFL Laws & Transfer Fees apply to this sale)
Antique Beds, Blenko, Morris Chair, Crocks, Sad Irons, Variety Of Bookends, Vintage Gas Stove, Wrought Iron Settee, Patio Furniture, Bird Baths, Antique Tools, Pineapple Post Twin Beds, Bird Feeder, Cedar Chest, Cedar Closet, Large Amount Of LP's, Piano, Sheet Music, Life Magazines, Braided Rugs, Emerson Console, Antique Tobacco Cutter, and MUCH MORE!
Auction will include Bronto Skylift, Wheel Loaders, Hyd. Excavators, Skid Steer Loaders, Loader/Backhoes, Forklifts, Dump Trucks, Street Sweepers, Truck Tractors, Bucket Trucks, Ag Tractors, Crane Trucks, Trenchers, Lowboys, Boring Machines, & Much More. See auction inspection information below and come check out this equipment for yourself! Bidding will be live in person and simulcast live online.
Unless the government will be able to find good use of these cars, they are often sold to the public. Otherwise, they're not only going to keep inventory but they have to spend for their maintenance. Though government car auctions may spell boon for people who have been dying to possess their very own luxury car, there are also disadvantages that you need to consider: