Agree with you. One bidder can not win an auction, because it is equal to the starting price. That’s why the cars must be posted to such auctions which has more potential clients or even partners. Car-Liquidation is an Auto Auction Association who helps sellers to gather bidders from all over the USA. So if one bidder will be from one state, from the other state will for sure appear another one. Because they have 1000s of auction partners and they share the sellers cars between them. So an auction car will be sold faster.
From our early days as an online police auction site, there was one piece of property & evidence that we did not touch – firearms. However, recently for many states and jurisdictions it has become a requirement, and even mandated, for law enforcement agencies to auction off their seized, forfeited and unclaimed firearms just as they do with other parts of the property and evidence room.
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Another problem that you might face with local police auctions is finding information related to their occurrence. You can find the information on websites that deals particularly in government auctions. After acquiring the information of its timings, you need to call the local police department, and register your bidder number. Bids only from registered bidders are considered in these seized car auctions. It is advisable to obtain Vehicle Identification Number (VIN) prior to bidding for the car and run it through the Carfax website. It helps in checking the past history and allows you to buy a clean car.
Locating your nearest public car auction locations might be a question of doing some real detective work. They are usually hidden away in web searches because they are unaware of search engine optimization keywords which can get them onto the front page. You can try a search at specific sites which you know to be for repo, government car sales or police auctions. You will have to register your interest prior to the sale and you will be given a bidder number. All auctions work on similar principles, but each have their own way of doing things. You may also be asked for other personal details and will have to show proof of ID when you attend. Do some investigating before you attend. They may be able to send you an information pack and will usually have some tips for first time attendees.
Do the homework, sometimes even ‘bad’ car can be a great deal at an auction. I recently bought a minivan that was listed as having a blown transmission. A little research discovered this is a common problem for that make and year. At the preview, I had my mechanic (whom I trust) on speed dial and got an estimate on the spot to replace the transmission with a new, 5-year warrentied rebuilt one. The bids on the van were low (who’d buy a vehicle with a bad transmission?), and even with the purchase price, the cost of the new transmission and towing to my mechanic, it still came in way below KBB value. And I know it has a worry-free transmission for the next 5 years. So don’t let even a ‘problem’ car scare you off if you’re willing to do the homework and hassle of getting it fixed.
I used to work with a guy whose hobby was buying cars at the Repo Depot. He and a friend would split the cost and the friend, who was a mechanic, would fix what needed fixing. My co-worker, who was a very meticulous guy, liked detailing vehicles — it would be sparkling inside when he finished. Then they’d sell the car through a want ad and make a decent sum.
The government and local law enforcement agencies will seize all forms of real estate. Houses, undeveloped land, businesses, commercial property can all find its way to government seizure auctions. And much like other property it can be had for well below market value. When real estate or house is seized everything inside the building and everything it contains has to be dealt with as well. This can be another great way to furnish your home for a lot less than the retail price. Plasma TVs, Xbox's, Wii, Playstations, stereo equipment, couches, dining room sets, and just about any other household item you can think can be purchased at big discounts like art work, antiques, jewelry, and designer clothing. There is no shortage of stuff to bid on at an auction. People who run afoul of the government soon find all their stuff being auctioned off at the seized auctions events, including the clothes off their backs. It is the government's way of recouping money that otherwise would fall on the taxpaying public.
If you are in the market for a replacement vehicle, consider a local public car auction. Auto auctions are especially great for people on a budget because vehicles can run up to ninety percent less than where their market values are listed. Public car auctions are great resources for car buyers on a budget, but first timers should educate themselves. Catch up on how to take advantage of public car auctions if you are unfamiliar with the industry and its process.
Capital Auto Auction hosts weekly live auctions at each of our four locations, as well as online. Whether you attend a live auto auction or an online auto auction, you'll find quality used vehicles listed at the kind of bargain prices that typically only dealers see. Our vehicles may be repossessions, dealer consignments, government vehicles or donations. In every case, they are auctioned openly to the public so it's easy for customers to find or sell the vehicles they need. What's more, it's not just individual cars that we work with, either; through a fleet auto auction, you have a way to quickly dispose of fleet vehicles you no longer need.
If you're looking for a good deal, you'll find it at online auction websites. Cars, jewelry, clothing, books, homes, and land are all available at bargain prices at these bidding sites with their amazing variety and choice. Collectors — from Star Wars to Disney — will also appreciate these websites, because frequenting them is a great way to increase your collection without breaking the bank.
But the competition at county auctions is brutal and it's only getting stronger. "Taxi companies want the old cruisers to use as cabs," Lang says. "And often there are government employees who are going after a vehicle that they used on the job and grew fond of. A lot of the school buses and trucks get bought by brokers looking to ship them overseas to poorer countries that will use them for public transportation. These are guys who go to government auctions all the time, know what to pay and know a lemon when they see it. You won't be the only bargain hunter out there."
Log onto PropertyRoom.com, a Web site which auctions stolen property that law enforcement agencies were unable to return to the rightful owner. The auction is run much like eBay, and its product mix is arguably just as eclectic. Thanks to the criminal mind, the inventory, unfortunately, is endless. Stereos, guitars, laptops, jewelry, bicycles and designer clothes are all available for a fraction of the original value.
Watch the mood and trend of the crowd in the bidding before your vehicle comes up for sale. I've noticed that at auctions there are frugal crowds and there are spendy crowds. I don't know why this is. I've seen furniture, tools, and kitchen cabinets sell for 10% of retail. But I've also seen them sell at what you'd pay for full retail in a store at the same auction house on different days. There doesn't seem to be any rhyme or reason to it. Always be prepared to walk away. There'll be another auction in a week or two.
High-end classic car auctions like the Barrett-Jackson events are common on cable channels with three-digit numbers, such as Speed and HD Theater. Perfect Shelby Cobras, Ferraris with long racing pedigrees, glorious Duesenbergs, exceedingly rare muscle cars and old Mercedes roadsters so gorgeous that your eyes water cross the block and sell for insane prices.
Easy Payment: Pay manually or use Auto Pay! Manual payment allows you to choose which card you want to use on every transaction. Auto Pay is set up through your account details. By keeping a valid payment method on file, your auctions will be processed automatically so that you never miss a payment! Special discounts are available to customers choosing Auto Pay.
But ordinary folk typically don’t have the means to attend high-end events like these, so we have to settle for the local auction block, with all of its police impounded “perp-mobiles,” abandoned clunkers, and donated jalopies. But regardless of what kind of crap is being auctioned off, there are diamonds in the rough that can be unearthed, and as a bidder, you stand a chance of getting one for pennies on the dollar.
Most of these tow auctions in Georgia do not charge a fee to attend the auction. However, expect to pay a fee in addition to the price of the car if you do buy one. Most of these auctions allow you to arrive early to inspect the vehicles – be sure to take advantage of that opportunity. Be sure to contact the auction ahead of time to make sure they accept the form of payment you wish to use. You will need to bring an I.D., preferably a current Georgia drivers license.
It is strongly recommended that you attend the open houses/inspections that are scheduled prior to sale. The bidder is invited, urged, and cautioned to inspect the property prior to submitting a bid. Failure to inspect property shall not constitute cause for cancellation of sale. Property will be available for inspection only at the times specified.  At their own expense, potential bidders may have property inspectors examine the property during regularly scheduled open houses.
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The auction marketplace serves both buyers and sellers, offering equally valuable, yet fundamentally different benefits to both audiences. To sellers, the auction marketplaces offers a fast, efficient way to convert physical property into immediate cash. For buyers, auctions offer the ability to get a variety of high-quality, sometimes rare goods for pennies on the dollar. Both groups benefit from expert appraisals, widespread marketing of new auctions, and the satisfaction of engaging in an environmentally-friendly way to reduce and reuse.
As an auctioneer I can tell you from a lot of experience that everybody on this site should be looking for and attending local auctions. The people who make a living buy at our auctions and resaleing on ebay or other means is truely amazing. One retired person built a 20 by 30 shed and did a garage sale ones a month and never did less then a $1000 and many time he told me he made 2 to 3 thousand on one day a month. He would purchase the piles of stuff we could not sale and sort through it and clean it up. We have purchase almost all of our furniture at auctions and most of it people who come over think it is brand new. Furniture is not selling very well because young people go to walmart or other stores and pay full price.
The following link will take you to the sale list for the next abandoned & confiscated vehicle auction. Be advised that some of these vehicles will not be present on the day of sale, as owners/lien holders will have reclaimed the vehicles. You must be present at the sale preview to know what remaining vehicles will be offered and to view vehicle conditions.
If it looks too good to be true, chances are it is, and there’s a simple reason why. While bodywork is expensive, it pales in comparison to the kind of profit a car will turn if a high-bidding buyer doesn’t notice it. A thorough pre-bid inspection should hopefully illuminate any issues prior to putting down your money. For more info on what shoddy bodywork can hide, don’t forget to read our write-up on nine ways you can tell if a car has been in a wreck.
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