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.
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.
In recent years, public auctions have become commonly referred to as “the mechanic’s auction,” where lots can quickly become a money pit for novice bidders. There is no guarantee on the authenticity of the mileage on the odometer here, and since it’s an auction, you can’t drive the vehicle prior to bidding on it. This is a place where flood vehicles sell for top dollar after being hastily reupholstered in the hopes of duping amateur bidders, and cars with bad engines come loaded with heavy-duty oil in order to ensure it doesn’t belch smoke or leak on the auction block.
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 ]

The auction marketplace serves both buyers and sellers, offering equally valuable, yet fundamentally different benefits to both audiences. To sellers, the auction marketplaces offers a fast, efficient way to convert physical property into immediate cash. For buyers, auctions offer the ability to get a variety of high-quality, sometimes rare goods for pennies on the dollar. Both groups benefit from expert appraisals, widespread marketing of new auctions, and the satisfaction of engaging in an environmentally-friendly way to reduce and reuse.

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.

We are a premier full-service private auction company liquidating property seized by police and federal agencies, property from abandoned safe deposit boxes, seized bank assets, bankruptcies, financial institutions, business inventory liquidations, and other consignors. Our firm conducts traditional live auctions throughout the year at various locations across the country, as well as auctions on the Internet. Please see our schedule of upcoming auctions for further details.
 This is the continuning location for 1 Auction to follow for Extra Space Storage Inc in this area,The next Sale after Farmington Hills, 48335 @ 3:00 PM at 1150 Coolidge Hwy, Troy. .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...
 Our 1st sale today is  ESS @ 9:30 AM at 1204 28th St. Grand Rapids, MI  We then proced to ESS @ 10:30 AM at 4438 Spartan Industrial Grandville. Next is ESS @ 1:00 PM at 3512 Martin Luther King Blvd. Lansing, MI  After Lansing is Mt. Clemens & then 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...
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."
Lot: 1 - ST. LOUIS CARDINALS MULTI-SIGNED HALL OF FAMERS ST. LOUIS CARDINALS MULTI-SIGNED HALL OF FAMERS HOME PLATE WITH PITCHING RUBBER Home plate signed by 7 St. Louis Cardinal HOFers including Jack Buck ('87), Stan Musial ('69), Bob Gibson ('81), Enos Slaughter ('85), Lou Brock ('85), Red Schoendienst Lot: 2 - CHRIS CARPENTER ST. LOUIS CARDINALS SIGNED 2006 CHRIS CARPENTER ST.   [ View Full Listing ]
Impound Vehicle Auction Wednesday, March 13th @ 12:30 PM AUCTION LOCATION: 330 Colfax Street, Rochester, NY 14606 Selling impounded and confiscated vehicles for the City of Rochester Police Department. Retail purchasers and Dealers Welcome. Preview at Noon. Vehicle list available as no later then Noon on Tuesday. Terms: CASH, no credit cards, no checks, full cash payment due   [ View Full Listing ]

U R G E N T Be sure that you have read and understand all rules regarding shipping and handling PRIOR to placing a single bid. See shipping table below! TERMS AND CONDITIONS OF SALE - Please Read! **Auctioneer has final discretion on sale of an item. His word is final.** PLEASE READ - PRIOR TO BIDDING, BE SURE THAT YOU ARE READY, WILLING & ABLE TO PAY FOR ALL ITEMS THAT YOU BID ON. IF YOU HAVE ANY QUESTIONS ABOUT ANY ITEM, CONTACT US PRIOR TO BIDDING. IF YOU ARE STILL UNSURE, HAVE UNANSWERED QUESTIONS OR CONCERNS, PLEASE ENJOY THE AUCTION BUT DO NOT BID! All items must be paid for within (5) working days by the respective purchaser. All items will be shipped within 7 days or receiving payment. We will accept most major credit cards including Visa, MasterCard & American Express, as well as certified check/money orders and personal checks. We no longer accept PayPal payments, but we do use Intuit Merchant Services for safe and reliable credit card transactions. Please remember that in addition to the cost of the item, you will have to pay a buyer's premium, shipping charges, and if you live in CA - 9.25% Sales Tax. We will email you an invoice upon completion of live auction. Payment details and corresponding contact information will be provided. Once paid in full, winning item will be shipped to its winning bidder with insurance and delivery confirmation. SHIPPING TABLE SHIPPING & HANDLING TABLE - Shipping Prices are for both Shipping and Handling. Shipping prices are not indicative of actual shipping costs. Small items, Cards, Coins, Jewelry, $12.95 each item, will not combine purchases to save on shipping. Baseballs, Mini Helmets, Loose items - $36.00, will not combine purchases to save on shipping. Full Sized Helmets, Footballs, Basketballs, Baseball Bats, Shoes, Boxing Gloves etc. - $64.00, will not combine purchases to save on shipping. Small Framed Items (12"x12") - $44.00, will not combine purchases to save on shipping. Medium Framed Items (30"x30") - $64.00, will not combine purchases to save on shipping. Large Framed Items (50"x50") - $84.00, will not combine purchases to save on shipping. Over-sized Framed Items - $116.00, will not combine purchases to save on shipping. Will Call of items is not allowed. Coming to our offices to view items is also not allowed. ***INSURANCE INCLUDED IN ABOVE PRICES*** ***IMPORTANT*** BECAUSE INSURANCE IS INCLUDED; YOU MAY NOT BUNDLE ITEMS TOGETHER AND COMBINE SHIPPING COSTS FOR MULTIPLE PURCHASES!! If item is over $500.00, please add $0.50 for each $100 of your winning bid. - Should expedited shipping be requested, additional fees will apply. - We reserve the right to adjust shipping charges. - Additional fees apply when shipping Internationally. - All items are shipped insured. Please be sure that you understand our shipping policies prior to bidding. If you are unclear, please contact us at questions@seizedassetsauctioneers.com for clarification. If you are still unsure, please enjoy the auction however, please do not bid.

Government auctions are a great way to snag a retiring cop cruiser on the cheap, and being owned and run by the feds, you better believe it’s going to have records of every oil change, spark plug, and water pump that went into the damn thing. Nevertheless, it’s always best to remain objective, because even though it’s being sold by the United States government, that doesn’t mean it hasn’t been thrashed. The competition at these things can also be pretty fierce at times (cab companies love old Crown Vics), so if cop cruisers and confiscated drug trafficking cars aren’t your thing, there are probably other options out there for you, like public auctions.


Any dispute arising as to any bidding shall be settled by Auctioneer at his sole discretion, and Auctioneer may put the lot in dispute up for sale again. Auctioneer reserves the right to refuse any bid, which it considers to be an insignificant advance over the preceding bid. No person shall bid on any lot of which he is the Consignor, agent, associate, or on behalf of the Consignor.

Find police auctions - In order to bid at police auctions, you need to find them first. Police departments will often times hold an auction to sell off the evidence that they no longer need for their cases. There are also items available at large government auction sites. There are police auctions available online for items that were seized and not claimed by their owners. It isn't that hard to obtain information about the locations of police auctions because most of the information is available online. 

Policeauctions.com is run by a private company and is not affiliated with the government. It provides information and links to government-run auctions, but the site itself is part of the wholesale liquidation auction market. Items are sold as is and sometimes there are fees. You have to register to bid and get information, but it doesn’t cost anything to join the site.

PropertyRoom.com works with police departments across the country to auction off the items they have seized or recovered. All of the items are examined by experts and anything that is fake is destroyed. PropertyRoom.com gives a portion of the proceeds from the auction back to the police department's local community. Many of the items on the site start at $1 with no reserve.  


Watch the mood and trend of the crowd in the bidding before your vehicle comes up for sale. I've noticed that at auctions there are frugal crowds and there are spendy crowds. I don't know why this is. I've seen furniture, tools, and kitchen cabinets sell for 10% of retail. But I've also seen them sell at what you'd pay for full retail in a store at the same auction house on different days. There doesn't seem to be any rhyme or reason to it. Always be prepared to walk away. There'll be another auction in a week or two.
Auction Nation brings the thrill and convenience of public auto auctions right to your computer with our Weekly Online Public Auto Auction! Every week we sell a great selection of cars, trucks, SUVs, vans, trailers, watercraft, all-terrain vehicles, motorcycles and much more! Our Auctions are open to the public so anyone can bid! Our transactions are the fastest in the industry and most titles are ready the day after the auction ends!
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The following link will take you to the sale list for the next abandoned & confiscated vehicle auction. Be advised that some of these vehicles will not be present on the day of sale, as owners/lien holders will have reclaimed the vehicles. You must be present at the sale preview to know what remaining vehicles will be offered and to view vehicle conditions.
The following link will take you to the sale list for the next abandoned & confiscated vehicle auction. Be advised that some of these vehicles will not be present on the day of sale, as owners/lien holders will have reclaimed the vehicles. You must be present at the sale preview to know what remaining vehicles will be offered and to view vehicle conditions.
Public auctions are not usually advertised to bring in the best revenue. Sometimes there might be a small ad in the local paper, but unless you go looking for it, you might miss it altogether. On the whole, public car auctions are actually really difficult to find. Knowing how to locate your nearest auction room will help you for any future purchases too. The place you should talk to is your department of transport. They will let you know if they conduct their own auctions or put you in touch with a financial institution that does.
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.
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.
Watch the mood and trend of the crowd in the bidding before your vehicle comes up for sale. I've noticed that at auctions there are frugal crowds and there are spendy crowds. I don't know why this is. I've seen furniture, tools, and kitchen cabinets sell for 10% of retail. But I've also seen them sell at what you'd pay for full retail in a store at the same auction house on different days. There doesn't seem to be any rhyme or reason to it. Always be prepared to walk away. There'll be another auction in a week or two.
Wakeley Collection - Antiques & Toy Auction3/16/2019 10:00 AM Wakeley Collection - Antiques & Toy Auction - 3/16/2019 10:00 AMAntiques & Collectibles, Primitives, Jadeite Kitchen Glassware, Early Roseville Pitchers-Bowls-Juvenile, DeLaval Adv., Folk Art, Americana, Red Wing Stoneware Collection, Cabinets & Bookcases, Lighting & Mid-Century, Artwork-Oil Paintings, Old   [ View Full Listing ]
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