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.
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Log onto PropertyRoom.com, a Web site which auctions stolen property that law enforcement agencies were unable to return to the rightful owner. The auction is run much like eBay, and its product mix is arguably just as eclectic. Thanks to the criminal mind, the inventory, unfortunately, is endless. Stereos, guitars, laptops, jewelry, bicycles and designer clothes are all available for a fraction of the original value.
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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.
There are several police impound and tow auctions around Georgia – with most of them being around metro Atlanta. While they are open to licensed car dealers and the public, these auctions are better suited for those that already have some car auction experience. The type of cars offered are police seizures, abandoned vehicles, repossessions, etc. Some may have been wrecked, but this will be disclosed during the auction. These auctions also tend to include boats, ATVs, and motorcycles in addition to cars and trucks. Some may be late models in decent shape, while others will be obvious why they were abandoned in the first place.
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