Cars at public auctions are often those that wouldn't sell at wholesale dealer auctions. Yes, some are flood vehicles, and Hurricane Irene should still be fresh in your mind. Some are cars quickly reconditioned in dealership shops to fill in slow periods when there's otherwise little work to be done. And many are just flat out junk. "A car that goes across the block at a public auction that isn't spewing smoke is often packed with thick racing oil to ensure it doesn't," Lang continues. "Everything at a public auction looks shiny, but shiny doesn't mean much about the quality of the car."
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 ]
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.
East County EstateCalAuctions.com Owners Downsizing, This Beautiful Estate Includes a Nice Sterling Collection, Furniture, Electronics, Patio Furniture, Suncast Patio Sheds, Clocks, Collectibles, Mink Coats, Jewelry, China, Sporting Goods, Barware, Sculptures, Garden Statue, Garden Fountain, Art, Ping Pong Table, Appliances, Lighting, Hummels, Bicycles, Sewing, Nautical Decor, Kitchen, Tools, Boxes, Clothing & Accessories, Grill, Books, Vinyl Records, Porcelain, Pottery, Fireplace... 

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 ]
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First, read the property information and Terms of Sale on the website for the specific property you are interested in.  Attend a scheduled open house.  Register to bid at the auction location the day of sale during the registration period.  You must bring a valid government issued photo ID and the required cashier’s check deposit to register.  A bidder number will be issued upon completion of registration.  Click here to view the bidder registration form. This form can be printed out and completed prior to the auction. You do not need to mail or fax the completed form, just bring it to the auction to register. Forms will also be available at the auction. You should read and understand the Terms of Sale before you bid. Sales personnel at the auction site can answer any questions you may have.
Cars at public auctions are often those that wouldn't sell at wholesale dealer auctions. Yes, some are flood vehicles, and Hurricane Irene should still be fresh in your mind. Some are cars quickly reconditioned in dealership shops to fill in slow periods when there's otherwise little work to be done. And many are just flat out junk. "A car that goes across the block at a public auction that isn't spewing smoke is often packed with thick racing oil to ensure it doesn't," Lang continues. "Everything at a public auction looks shiny, but shiny doesn't mean much about the quality of the car."
"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. 

East County EstateCalAuctions.com Owners Downsizing, This Beautiful Estate Includes a Nice Sterling Collection, Furniture, Electronics, Patio Furniture, Suncast Patio Sheds, Clocks, Collectibles, Mink Coats, Jewelry, China, Sporting Goods, Barware, Sculptures, Garden Statue, Garden Fountain, Art, Ping Pong Table, Appliances, Lighting, Hummels, Bicycles, Sewing, Nautical Decor, Kitchen, Tools, Boxes, Clothing & Accessories, Grill, Books, Vinyl Records, Porcelain, Pottery, Fireplace...
"As our police business has grown, we've been approached by other liquidators," Bellomo said. "This downturn has put 3,000 brick-and-mortar retail stores out of business. There is distressed merchandise all over the United States. Brand-new jewelry and watches, authentic sports memorabilia, fine art. Liquidators are coming to us and saying, 'Can you work with us the way you work with police agencies. Can you turn this excess inventory into cash?'
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The US Department of the Treasury auctions off “seized and forfeited” general property (fancy a Rolex watch or a Fender guitar?), cars (how about a pimped-out Escalade?) and boats. Visit the Treasury’s website to find more information on where and when these auctions are held, plus sign up for alerts and research how much money items have sold for in the past. In addition, the Treasury has real property (RP) auctions for real estate seized through IRS-Criminal Investigation, Immigration and Customs Enforcement, and the US Secret Service.
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.
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.
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