If there’s a “catch” to government car auctions, it’s that there’s competition in the bidding. If the car you want is popular and in great condition, you can expect other people, including used-car dealers, to be just as interested in it as you are. Competition and heavy bidding will drive auction prices up — sometimes beyond the real value of the vehicle. Don’t get caught up in the frenzy and overpay. Set a spending limit on each car you’re interested in.
"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.
Check out this 2005 GMC Light Duty Sierra 1500 HD pickup truck now up for bid. This black beauty has a powerful V8 engine, extended crew cab SLT, 4WD, running boards, towing/camper package, Bose radio with CD player, cruise control, and a ton of other luxurious features. The current bid is at $9,338 and the winning bidder must put down a deposit $1868. For full auction details all you need to do is register now. Auction ends 8/27.
As the action at public auctions has grown hotter, the cars have grown shadier. "I've personally seen cars with over 300,000 miles on their clocks rolled back to 120,000 and sold as 'Miles Exempt' meaning no guarantee of mileage," he says. "Most of the cars at a public auction are the worst trade-ins or very rough repos." And as in a government auction, you can't drive a public auction vehicle before you bid on it.
Selling for Cities and Counties: POLICE EVIDENCE Over 500 Items of Assorted Police Evidence from Local Police Departments Consisting of: Tools, Jewelry, Car Stereos, Cell Phones, Televisions, Cameras, Watches, Toys, Etc. COMPUTERS & OFFICE FURNITURE Computers, Printers, Office Copiers, Wood & Metal Desks, Bookcases, 2 & 4-Drawer File Cabinets, Lateral File Cabinets, Metal Shelving, Executive & Secretarial Chairs, Office Side Chairs, More!
Treasury Department Auctions: The other agency very active in holding auctions is the Treasury Department, with roughly 300 sales per year. Treasury often offers in-person previews in California, Florida, New Jersey and Texas. Treasury auctions off "property forfeited as a result of violations of federal law enforced by the Department of Treasury or nonpayment of Internal Revenue Service taxes," according to its website. There are many categories of goods, including concrete items like antiques and coins but also less tangible property like stocks and patents.
Check out our first auction deal of the day for this 1989 IHC truck, model EMW2000WT. This tanker truck has a 2000 gallon capacity and features the following: diesel fuel tank, Navistar 6 cylinder engine with 4x6 wheel drive, air conditioning, and just 4,348 miles. It weighs approximately 19,360 pounds and measures 8 feet 2 inches in height. VIN# 1HTSHZ4R8LH203869. This vehicle looks to be in good condition but needs some work. The following may need repairs: brakes, airline, battery, front right shock, etc. The current bid for this item is just $2,000 with 1 bid placed. Want to learn more about this ongoing online auction? Well if you, so simply click here to register with us now. Auction ends on May 14th, 2009.
State Fleet Management will hold another Vehicle Auction on March 7, 2019 at the North Campus location, 1001 E. 62nd Avenue, Denver. The sealed-bid auctions are open to the public for accident, drivable, and non-drivable vehicles that need to be moved out of the fleet. Click here for sample sealed-bid sheet. On-site auctions are held approximately every 3-6 months depending on the amount of inventory, as well as selling other vehicles weekly on a year-round auction site, www.colo-auto-sales.com.
ANTIQUE SHOP OWNER'S 50 YEAR PERSONAL COLLECTION: Early Navajo Rug, Antique Quilt Made of Cigarette Premium Flags, Cobbler's Box with Tools, Antique Furniture, Antique Bottles, Civil War Folding Chair, Salt Glazed Crockery, Ironstone, Toys, Lamps, Advertising Memorabilia, Rugs, Paintings, Harper's Weekly Book, Large Postcards by Pettingill, and MUCH MORE!
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If you are well versed in using the internet, then you can learn about these seized auctions without being present in an auction. Take away the attempt of evaluation in newspapers just log on for updated auction schedules at the auction listing websites. You can check the online items specifications, and know more about it. You can check every detail that is relevant, the auctions time and place and every relevant detail you can check.
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.
American Range restaurant range Two-door refrigerated sandwich prep table Cornelius Coldshot countertop machine J&J Snack Foods Corp pretzel warmer displays Commercial coffee makers Hatco glo-ray shelving merchandiser Henny Penny commercial breading machine Henny Penny gas pressure fryer US Range salamander broiler Beverage Air three-door refrigerated sandwich prep table Imperial Range [ View Full Listing ]
Hand Carved Canes from the 1800's, Bessie Pease Guttman, Knitting Machine, Ping Pong Table, KitchenAid, Washer/Dryer, Limoges, Wedgwood, Fenton Glass, WWII books, Knitting Yarn, Thorens Music Boxes, Jigsaw Puzzles, Vintage Adding Machine, Bose, Ping Pong Table, Pipes, Books, Antiques, 4 Poster Bed, Organ, Murano, Thorens Music Box, Knitting Machine, Yarn, Guns, and MUCH MORE!
If you're looking for live auctions, AuctionZip is the place to go. These live auctions are events that users can view right within their web browser, and they can bid for items online at the same time as bidders on the auction floor. With live bidding, users can access auctions around the world and get in on all the action without any software to download or special tools to buy. The website lists auctions that are live or are upcoming soon. After you register to bid, you go straight to the auction, where you watch what is happening and bid in real time if you see something you like.
MadBid is a U.K.-based auction site. Selling itself on how buyers can enjoy an 89% discount on certain listings and being the “number 1 discount auction site on the internet”, MadBid certainly pulls in the buyers, which is great for anyone selling on the site. Asides discounts of up to 89% to entice sellers, other key features of MadBid include safe payment portals, benefiting both the seller and buyer, and support through phone, live chat and email. Though seller should be aware, only brand new, sealed products can be sold on MadBid, meaning second-hand goods can’t be listed.
SPRING 2019 SPORTSMANS AUCTION in GREENCASTLE, PAFIREARMS-BOATS-TOOLS-FISHING & HUNTING ITEMS-AMMO AND MORE! ONLINE NOW through MARCH 23rd! VIEW AUCTION CATALOG RIFLES/SHOTGUNS/HANDGUNS: Remington; Browning; Marlin; Winchester; Tobin Arms; Stoeger; Savage Arms; Glock; Colt; S&W; Walther; Beretta; Taurus; Ruger; Rohm; Iver Johnson; Connecticut Valley Arms; SCCY; [ View Full Listing ]