These programs are meant to benefit taxpayers as a whole, but could they benefit you, the individual taxpayer? Can you bag a bargain at a government auction? "GSA's goal is to maximize return to the federal government," the GSA spokesperson said. So they're not giving this stuff away. In fact, the government sets "reserves" or minimums for the most valuable property it auctions off. But judging from a wide tour of current government auctions and bids, there are still opportunities to walk away with valuable goods for a great price. Here's a look at who's selling what, where, and for how much.
Remember, you aren’t allowed to drive these vehicles, but you are granted access to them prior to the auction, and getting up close can reveal all kinds of hidden maladies. Look for things like paint overspray, uneven sheet metal, compromised suspension components, undercarriage rust, and anything else that looks out of place. Interior aroma is another major thing to watch out for, so be wary of things like gasoline aromas and mildew, because even though they may dissipate eventually, there’s a strong chance they represent a much larger issue.
Private auctions are held on-site at your dealership. Each vehicle is driven either underneath the tent in front of a self-contained mobile operations unit. In some cases we can even transform a building at your dealership into an auction arena. These dealer only auctions are conducted live by an auctioneer and are designed to sell 40-200 vehicles. Operated much like a conventional auto auction, these private auctions are easily adapted to the specific needs of your dealership, with even simulcast sales available.
Every day, almost hundreds of government auction happening in every corner of the country. In these seized auctions the value of property will be as low as ninety percent off its bazaar value. The majority of banks and government organizations don't want to hold the property with them for long as they're going to pay on the upkeep of the house, so that their area unit favors to sell it as shortly as possible at extra low-cost costs at these appropriated property auctions. There's no drawback in locating wherever these type of auctions happening in your vicinity. It will be simply set wherever the area unit they command and what is available to them. Nearly all of them are published in newspaper or in television. You can also search the internet the government auctions held near your area or in your city and other relevant information such as time, date and the items being auctioned.
After ESS Lansing, we will proceed to ESS @ 3:30 PM at 24651 N. River Rd. Mt. Clemens & then to ESS @ 5:00 PM at 49215 Van Dyke Ave. Shelby MI .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 noted.This Auction is...
PLEASE READ THESE TERMS OF SALE CAREFULLY, AS THEY HAVE BEEN RECENTLY UPDATED. THIS IS AN INTERNET-ONLY AUCTION! AUCTION CLOSING DATE: Tuesday, March 19th, beginning 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, 10 am - 2 [ View Full Listing ]
"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.
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."
www.clintonautoauction.comCLINTON AUTO AUCTION CONDUCTS AUCTIONS 1st, 3rd, and 5th (if there is a 5th Saturday) SATURDAY OF EACH MONTH. THESE AUCTIONS CONSIST OF IL STATE POLICE DRUG SEIZED VEHICLES, REPOSSESSED VEHICLES AND PUBLIC AND DEALER CONSIGNMENTS. CLINTON AUTO AUCTION IS PURELY A CONSIGNMENT AUCTION WITH VEHICLES IN ALL PRICE RANGES. USUALLY CONSIGNMENT VARIES BETWEEN 150-250 [ View Full Listing ]
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.
PCI Auctions is now accepting quality consignments of new or used restaurant, bar, kitchen, bakery, commercial, industrial & heavy equipment for our Consignment Sale. No liquidation is too big for us! Contact us today to find out how we can get your top dollar for your equipment. Call 888-883-1388 for a free appraisal. Auction:I-Scream & Ruth's Cafe Restaurant Equipment [ View Full Listing ]