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. 

Call this location @313/383-1035 to determine the # of units for Auction this day. This is the 1st location for 7 Auctions for ( ESS ) Extra Space Storage Inc. this day, the next Sale afterLimcoln Park is ESS Southgat  @ 10:15 AM at 11511 Allen Rd.NEXT is ESS @ 11:30 at  3500 Carpenter Rd. Ypsilanti 48197, then we proceed to ESS @11:00 AM at 1900 Old Rawsonville Rd. 48111. For more Auction information on other sales go to our web page www.tateauctioneers.com Then click...
The Department of the Treasury has designated CWS Asset Management & Sales (CWSAMS) as the prime contractor responsible for the maintenance and sale of seized and forfeited real property throughout the U.S. Our website is incorporated into the official Treasury site, http://www.treasury.gov/auctions/. CWS is not affiliated with any other auction information services, seminars, or publications, and we never charge a fee to access these auction listings.
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.
I returned home wishing I had never gone to this auction, because as someone trying to get over his junky-vehicle hoarding tendencies, I’m not strong enough to handle this kind of temptation. Sure, many of these cars were junk, but they were dirt cheap. And since most were impounded for some sort of driving infraction, there’s a decent chance they move under their own power.

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.
Sitting on the couch, craft beer in hand, we salivate over the parade of shining classic cars rolling across the auction block at Barrett-Jackson, changing hands for ungodly globs of cold, hard cash. It’s places like this where you can pick up cars like custom built Singer Porsches, old-school hot rods, vintage Ferraris, and soon to be released, serial #001 supercars, and as the drinks get stronger, so too does the bidding.
Governmentauction.com is the innovator and leader in live online auctions and land sales throughout the world. In the last 40 years, we have sold over 50,000 parcels of great investment land. Our land for sale comes from the various city, county, state land, and even other countries. All land sold through our online auctions and surplus auctions is guaranteed to have a free and clear title. Most of our land sold comes with no credit checks, no qualifying financing and low down and monthly payments if you choose. We have also sold over one million assets that include watches, such as Rolex and Cartier, rare coins, fine art, antiques, classic cars, gold and silver, GIA diamonds jewelry factory surplus, ladies handbags, such as Louis Vuitton, and more. You will find great deals and many treasures every week right here on the GAC live online auction site.
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.
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.

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.
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.
Policeauctions.com is run by a private company and is not affiliated with the government. It provides information and links to government-run auctions, but the site itself is part of the wholesale liquidation auction market. Items are sold as is and sometimes there are fees. You have to register to bid and get information, but it doesn’t cost anything to join the site.

Boulder, Colo., police started using PropertyRoom.com in 2007, mainly to unload property that couldn't be traced back to the owners. Before items are put up for auction, they are posted on the police department’s Web site for four weeks. Previously, the department had been stuck holding onto items for up to three years, said spokeswoman Sarah Huntley.


 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... 

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PLEASE READ THESE TERMS OF SALE CAREFULLY, AS THEY HAVE BEEN RECENTLY UPDATED.  THIS IS AN INTERNET-ONLY AUCTION!  AUCTION CLOSING DATE: Tuesday, March 12th, beginning at 1:07 pm.  Bidding closes on the first item at 1:07 pm, then closes at the rate discussed in these Terms and Conditions of Sale.  INSPECT: Monday, March 11th, 1 - 3 pm,   [ View Full Listing ]
Interstate Auto Auction is an auto auction open to the public located in Salem, NH. Our public car auctions sell vehicles from dealer trade-ins, repossessions, lease ends, donated cars and more. At Interstate Auto Auction we want you to buy with confidence. You can TEST DRIVE any of the vehicles before the auction!! Feel Free to review our cars online. We also encourage you to read our about us page and our very helpful and transparent FREQUENTLY ASKED QUESTIONS GUIDE which answers over 20 questions that you may have about how we operate.
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.
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.
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.
If you cannot attend the auction, you may submit a written bid by sending a completed written bid form and the required cashier’s check deposit made payable to CWS Marketing Group, Inc.  Mail the Written Bid Form and the cashier’s check to: CWS, U.S. Department of the Treasury Seized Real Property Support, 10611 Balls Ford Road, Suite 140, Manassas, VA 20109, Attn: Real Property Sales. Bids must be received no later than 5:00 p.m. one day prior to the sale date, unless otherwise stated in the Terms of Sale. Unsuccessful bids will be returned within five (5) business days by certified mail. Written bids will not be disclosed prior to the auction.
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.
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.
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