Interest in these auctions has boomed as the economy stays stagnated and credit rules have tightened. Buyers who formerly could qualify for auto loans on new or solid used cars now find they need to shop with cash. But the United States is a country built around the automobile, and it's a lot easier to get a job if you have a car to drive to the interview, so for many people car auctions are a way to fill the need.
8 Cassettes on the following 8 topics: 1. Introduction to Government Auctions 2. Government Surplus Auctions 3. Government Seizures and Confiscations Auctions 4. Government Foreclosures and Repossession Sales 5. Government Real Estate Part 1 6. Government Real Estate Part 2 7. Unclaimed, Abandoned and Specialty Auctions 8. How to Participate in Auctions
As the action at public auctions has grown hotter, the cars have grown shadier. "I've personally seen cars with over 300,000 miles on their clocks rolled back to 120,000 and sold as 'Miles Exempt' meaning no guarantee of mileage," he says. "Most of the cars at a public auction are the worst trade-ins or very rough repos." And as in a government auction, you can't drive a public auction vehicle before you bid on it.
The majority of the vehicles found at local auctions will need some work done to them in order to be deemed “road-worthy.” Knowing this before you ever set foot on the grounds is a major part of deciding if this is the right way for you to source an automobile. A low bid on a crappy car has the potential to leave you stranded on the side of the road, so if you aren’t a savvy DIY wrencher, you’d better have one hell of a trustworthy mechanic.
If you are in the market for a replacement vehicle, consider a local public car auction. Auto auctions are especially great for people on a budget because vehicles can run up to ninety percent less than where their market values are listed. Public car auctions are great resources for car buyers on a budget, but first timers should educate themselves. Catch up on how to take advantage of public car auctions if you are unfamiliar with the industry and its process.
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...
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.
Visit websites of government agencies that hold public auctions. At the federal level, you can find auctions online or listings for live auctions held across the country by visiting the GovSales.gov website. GovSales.gov has consolidated listings of assets for sale across the federal government. A variety of state and local government agencies also hold public surplus property auctions. Links to many local government auction sites are listed at USA.gov, under Shopping.
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K – Your assertions may be true for your stores, but that is not the case for the bulk of vehicles at auction. Many dealerships will send off brand trade ins to the auction (ex: Chevrolet dealer takes a Ford in on trade). Additionally dealerships will often “turn” their inventory sometime between 60-120 days. If they’ve purchased a car and it’s not moving many dealers will move it to get their cash back out of the car and put it back into another car that they might be able to retail, and make a profit on.
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.
Call this location @ 734/374-1861 to determine the # of units for Auction this day. This is the continuning location for 7 Auctions for ( ESS ) Extra Space Storage Inc. this day, the next Sale after Southegate is ESS @ 10:30 AM at 3500 Carpenter Rd. Ypsilanti 48197, then we proceed to ESS @11:00 AM at 1900 Old Rawsonville Rd. 48111. For more Auction information on other sales go to our web page www.tateauctioneers.com Then click on the HOME PAGE for ALL AUCTIONS LISTING...
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...
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 ]
Several years later, liquidators and wholesale merchants reached out to us interested in utilizing our online auction services and platform as a way to liquidate their goods. As one of our goals is to provide great deals to our shoppers we started allowing a few, hand-selected and Trusted ShopKeepers to sell on our site. Now we have even more quality goods from store close-outs or overstock products up for auction.
Ever wonder how you can get your hands on something the government doesn't want anymore? Municibid is your best bet. This is an auction website for government agencies, schools, authorities, and utilities to sell their surplus and forfeitures directly to the public. Auction items include cars, boats, furniture, computers, kitchen equipment, and much more.
Auction for seized items carried out by the government are presented with huge discounts. There are several ways to accomplish your plan of purchasing an item through auction. Initially, you can check auction agenda at newspapers, online listings, ads, and associates. To know more, before you decide you can be present at the seized auction in order to familiarize yourself with the essentialness and dealings. As recommended, that it is not important to take part the bidding at once, following your primary auction presence. Learn the procedure first, observe what other purchaser do and don't be uncertain to inquire if you want to learn, you should point it out and ask everything you want to gain knowledge.
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.
High-end classic car auctions like the Barrett-Jackson events are common on cable channels with three-digit numbers, such as Speed and HD Theater. Perfect Shelby Cobras, Ferraris with long racing pedigrees, glorious Duesenbergs, exceedingly rare muscle cars and old Mercedes roadsters so gorgeous that your eyes water cross the block and sell for insane prices.
Closing is usually required within 30 calendar days of sale or sooner. Only the seller may, at its discretion, exceed closing beyond 30 calendar days. Payment in full is due at Closing. Closing costs, including and without limitation, transfer taxes, documentary stamps, recording fees, and escrow fees will be paid by the Buyer and Seller in accordance with the customs of the county in which the property is located, unless stated otherwise in the individual Terms and Conditions of Sale.
U.S. Marshal's Service Auctions : And finally, the U.S. Marshal's service auctions off some true bling as part of its mission to "combat major criminal activity by disrupting and dismantling illegal enterprises" and "depriving criminals of the proceeds of illegal activity." Once again, there is real estate, but also businesses, cash cars, collectibles — and more.