In economics we tend to think of auctions as a good way to get at the true price of an object. Of course, it isn’t quite perfect as there’s still problems with information asymmetries, and people can get a winner’s curse because the people who err in thinking the car is worth more than it actually is are the ones who are likely to win. On the other hand, the price can go lower if there just aren’t enough people at the auction for that to happen– you need at least two people over-valuing the object and willing to pay for it for one of them to over-pay.
Use the Public Car Auctions App by the Public Car Auction Network to stay on top of what new inventory has arrived at local car auctions in your state and also certain other states. Finding an auction location with your phone’s GPS has never been easier. The app can also provide you with telephone contact information so you can contact the auction with your questions. There is no registration or membership required to download and use the car auctions app. Finding a cheap used car is now a lot easier.
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.
The U.S. government auctions off thousands of surplus items and forfeited property every day to the public through online and live auctions. Anyone can bid on items like computers, equipment, vehicles, real estate, furniture, jewelry, designer clothing and more. State and local governments also hold auctions throughout the year. You can access government auction listings directly online or by signing up to receive notices of upcoming auctions by email or mail. You can gain access to auction listings free of charge.
This is the continuning location for 1 Auction to follow for Extra Space Storage Inc in this area,The next Sale after Farmington Hills, 48335 @ 3:00 PM at 1150 Coolidge Hwy, Troy. .GO TO our Web Page www.tateauctioneers.com click HOME Page for all Auctions Listings, the click MONTHLY Auction Tab for this month's up-coming Auction Sales.The goods to be Sold are generally described as household goods and/ or business related items unless otherwise...
Visit websites of government agencies that hold public auctions. At the federal level, you can find auctions online or listings for live auctions held across the country by visiting the GovSales.gov website. GovSales.gov has consolidated listings of assets for sale across the federal government. A variety of state and local government agencies also hold public surplus property auctions. Links to many local government auction sites are listed at USA.gov, under Shopping.
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.
The Mission-Viejo, Calif.-based company was founded in 1999 by former police officers, who visualized a profitable Internet solution for a longstanding problem – what to do with recovered stolen goods that went unclaimed and were spilling out of police evidence rooms across the country. PropertyRoom.com now works with more than 1,800 law enforcement agencies. The roster includes police departments in New York City, Seattle, Los Angeles, Cincinnati, Indianapolis and Albuquerque.
Many police forces across the UK sell on loot which they've seized. And because this isn't widely known about – and because the police sell on items they'd otherwise have to store or dispose of – you could bag real bargains. For example, we spotted a kids' bike for 99p (collection only), a classical guitar for £14 (incl delivery) and an Armani watch for £15 (collection only).
PLEASE READ THESE TERMS OF SALE CAREFULLY, AS THEY HAVE BEEN RECENTLY UPDATED. THIS IS AN INTERNET-ONLY AUCTION! AUCTION CLOSING DATE: Friday, March 15th at 11:07 am Bidding closes on the first item at 11:07 am, then closes at the rate discussed in these Terms and Conditions of Sale. INSPECT: Thursday, March 14th 2pm to 7pm REMOVAL: Sunday, [ View Full Listing ]
Please consider that if you provide multiple deposit checks, and you are the Back-up Bidder for a property, one of your deposit checks will be utilized for that property, and will not be able to be applied to bid on another property. As the back-up bidder, your deposit check will be returned within three business days of receipt of the High Bidders full deposit. Please see Terms of Sale for details regarding the Back-Up bid deposit.
CHECK OUT ALL OF THE FANTASTIC EQUIPMENT IN OUR Au Bon Pain Cafe and Bakery & Da Vinci's Italian Restaurant Equipment Auction Which Features an Oliver Electric Convection Oven, Schaerer Espresso Machine, Oliver Bread Loaf Slicer, 2 2013 Merrychef Rapid Cook Ovens, 2013 Taylor Ice Cream Machine, Stoelting Ice Cream Machine, 2017 PrepPal 20 Quart Mixer, Gas Flat Top Griddle, Hobart Horizontal [ View Full Listing ]
Unlike most Public Auto Auctions that only let you inspect the vehicle the day of the sale, we offer a full preview on all of our vehicles Wednesdays from 10am to 4pm and Thursdays from 10am to 5pm. You can start them up, look under the hood, check the fluids and much more. You can even bring your mechanic! When you bid on a vehicle at Auction Nation, you can trust you are making an educated purchase! We can also sell your vehicle for you! It can be a hassle trying to sell a vehicle with all the phone calls, test drives, and ridiculous low ball offers. It is enough to drive anyone crazy. Our process is fast and simple, just bring your vehicle by and drop it off. We will photograph it, and get it online in our next Weekly Public Auto Auction. We have an auto auction starting every Tuesday and the auction runs until the following Friday. Our rates are the lowest in the business and our payment turnaround time is unmatched in the industry!
In recent years, public auctions have become commonly referred to as “the mechanic’s auction,” where lots can quickly become a money pit for novice bidders. There is no guarantee on the authenticity of the mileage on the odometer here, and since it’s an auction, you can’t drive the vehicle prior to bidding on it. This is a place where flood vehicles sell for top dollar after being hastily reupholstered in the hopes of duping amateur bidders, and cars with bad engines come loaded with heavy-duty oil in order to ensure it doesn’t belch smoke or leak on the auction block.
Inspect the items - Before you bid on anything, carefully inspect all of the items first. You would also like to get a better idea of what the items you will be bidding on could be worth. In case you are bidding on an online auction, you will need to rely on the picture and the description of the item. You need to do all of your research in advance, as all of the sales at the police auction are final once they accepted you bid. By doing your research in advance you will ensure that you are buying real bargains and not overpaying for the items that you are bidding on.
Cars at government and public auctions sell on visual inspection alone. So look at everything and look for telltale signs of repairs such as paint overspray, less than smooth sheet metal, puddles under the vehicle, scored brake discs, an uneven stance and a million other details. Use your nose, hands and legs, too. If a car smells musty or the carpeting is wet, run away.