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.
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.
Bid4Assets is proud to celebrate our 20th anniversary. It has been an honor to pioneer online auctions for over 100 federal and county clients nationwide these past 20 years. During that time, we have continuously strived to improve our platform and create a better experience for all Bid4Assets users. To read our thoughts on this occasion, and several new features coming to Bid4Assets in 2019, visit the B4A Happenings page in the footer below.
From our early days as an online police auction site, there was one piece of property & evidence that we did not touch – firearms. However, recently for many states and jurisdictions it has become a requirement, and even mandated, for law enforcement agencies to auction off their seized, forfeited and unclaimed firearms just as they do with other parts of the property and evidence room.
Persons wishing to participate in the online bidding process are required to register online and submit a Bid Deposit Form along with the appropriate cashier’s check deposit, made payable to CWS Marketing Group, Inc. Download and complete the Bid Deposit Form and submit, along with the cashier’s check deposit in the amount indicated for that particular property. The completed Bid Deposit Form and Deposit Check must be mailed to: CWSAMS, 10611 Balls Ford Road, Suite 140, Manassas VA, 20109. The deposit is due no later than 5:00 p.m. EST on the day before the auction. Once the deposit is received, bidder will be sent a confirming email with the link to the online auction site and further instructions. For auctions with multiple properties, please see the 4th questions under “Common Questions” above concerning multiple-property bid deposits.
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.
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.