Ideally, go to one or two auctions just to get a feel for how the bidding goes. Usually they'll start off with a fairly high number stated by the auctioneer. Do not jump in then. In my case, nobody was putting out the first bid for a couple of minutes — which felt like hours — and the auctioneer finally asked for a starting bid. I put out $5,000 to start. In hindsight, I wish I hadn't because it seems like the first one to open their mouths always loses. But if there's no starting bid, the auctioneer will let the vehicle go without bidding since they're moving through these vehicles at a rate of about 15 per hour. I didn't want to lose this baby.
To bid, you'll mostly need to go to an auction house on the day and bid in person. However, some auction houses now offer live internet or telephone bidding. You'll have to register to bid with the auction house, whether you're bidding in person or not. You should be able to find out when the next police auction will be held by visiting the auction house's website.
Depending on the agency, the government may use revenue from auctioned items to support crime-prevention programs, pay restitution to crime victims or purchase new equipment the department needs. "By providing agencies with the ability to dispose of excess assets, GSA benefits taxpayers by eliminating the need to maintain and store the unneeded property while also raising more than $300 million in revenue in just the last two years," a GSA spokesperson said.
Find an auction that sells newer cars where the public is allowed to attend. Most auto auctions are run for dealers only, but some are open to the public. Vehicles at an auction are generally ex-rentals, off-lease, repossessions, or government vehicles. Mine was a trade-in being sold by a dealership. A quick google search for “your area or city + public + auto auction” should do the trick to find an auction in your area.
19. Bar None Auction offers a 2-day cancellation option, should you wish to exercise, to purchase the right to return certain motor vehicles under $40,000 by 5 pm of the second day after the sale. This cancellation option applies only to passenger vehicles purchased for personal or household use; it does not apply to motorcycles, off-road vehicles, recreational vehicles, or vehicles sold for business or commercial use. In order to exercise this option you must inform Bar None Auction at the time of purchase on that specific auction day.
All Roads Lead to Clinton Auto Auction.... IL State Police / Chicago PD Drug Seized Personal Property AuctionAuction to be held at Clinton Auto Auction - 9750 Revere Rd. Clinton, IL 61727 Auction Dates:Saturday February 2, 2019Saturday February 16, 2019Saturday March 2, 2019Saturday March 16, 2019 All Auctions will commence at 12:30 PM Offering for auction will be more than 200 lots of Drug [ View Full Listing ]
You will be required to bring all of your paperwork (Bill of Sale/Receipt and Dealers License, if needed), Identification, and gate fee of $30 to your assigned pickup date and time. Important note: If you are sending someone else to pick up your vehicle (including a shipping company), you must call Corona’s Auto Parts and Towing to inform them of who will be picking up the vehicle, and you must send a notarized letter of authorization that the individual picking up the vehicle must have with him/her upon pickup.
If a dealership sends a car to auction, it’s because they decided the necessary repairs needed to make it “dealer-standard” were too expensive-often the car will looks outstanding and pass a visual inspection, and then when you get it home, you’ll find out it had a bent frame or some other major repair which can make the car quite dangerous. Dealers are in the business of making money, and if they think the car wasn’t good enough to sell, why on earth would you think it was a good bet? There’s a reason these cars go for half price at auction.
PLEASE READ THESE TERMS OF SALE CAREFULLY, AS THEY HAVE BEEN RECENTLY UPDATED. THIS IS AN INTERNET-ONLY AUCTION! AUCTION CLOSING DATE: Monday, March 18th 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: Friday, March 15th 10am to 4pm REMOVAL: [ View Full Listing ]