The bidding started out fairly tame. Individuals there bought a beat up Impala for $525, a Chevy Astro van for $425, and the shittiest Chrysler PT Cruiser I have ever seen for $300. As for the awesome Ford Escort wagon? Well, it didn’t do so hot, in part, Kevin told me, because it’s so light and has low scrap value, and because parts are in low demand:
After Grand Rapids; We next proceed 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 generally described as household goods and/...
Immediately after the bidding, the high bidder will be required to provide their deposit check as the initial earnest money deposit on the property. In most cases, the second high bidder (back-up bidder) will also be required to make a deposit. If you are not the high bidder or second high bidder, we do not collect your deposit. The Terms of Sale will explain deposit requirements for each property. This deposit is non-refundable. Personal or business checks, money orders, cash, credit cards, bank letters, or letters of credit will not be accepted.
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.
Auto Auction Mall is your #1 source for purchasing used cars at wholesale prices. We provide exclusive access to dealer-only car auctions, helping over 200,000 buyers find incredible deals on used cars through our online marketplace every single month. Our unrivaled concierge service helps you navigate dealer inventory and save thousands on your desired vehicle, with financing available to US buyers and shipping available worldwide.
The Auction Catalog has been prepared as a guide, and should be used as a guide only. Although the descriptions are believed to be correct its accuracy cannot be guaranteed or warranted. The Bidder acknowledges that all auction items are available for inspection prior to the auction and it is the Bidders responsibility to have inspected the item before bidding. No sale shall be invalidated; nor shall auctioneers be liable as a result of defects or inaccuracies of any lot.
A well-maintained car will always have a clean dipstick when you check the oil or transmission fluid, so if it’s anything other than light and transparent, be careful. Also be sure to inspect the coolant overflow tank and shine a flashlight inside the radiator. If it looks like someone accidentally dumped chocolate milk in there it’s time to walk away, because that’s the sign of a blown head gasket.
Another problem that you might face with local police auctions is finding information related to their occurrence. You can find the information on websites that deals particularly in government auctions. After acquiring the information of its timings, you need to call the local police department, and register your bidder number. Bids only from registered bidders are considered in these seized car auctions. It is advisable to obtain Vehicle Identification Number (VIN) prior to bidding for the car and run it through the Carfax website. It helps in checking the past history and allows you to buy a clean car.
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.
Auction to include over 1,000 items from State and Federal agencies, abandoned safe deposit boxes, unredeemed pledged assets from various Financial Institutions, several business inventory liquidations, several estates and other consignors. Auction will feature collectible coins & currency, rare art, fine jewelry, luxury watches, sports memorabilia, rugs, electronics, all types of collectibles & much more! Further details coming soon!
The government and local law enforcement agencies will seize all forms of real estate. Houses, undeveloped land, businesses, commercial property can all find its way to government seizure auctions. And much like other property it can be had for well below market value. When real estate or house is seized everything inside the building and everything it contains has to be dealt with as well. This can be another great way to furnish your home for a lot less than the retail price. Plasma TVs, Xbox's, Wii, Playstations, stereo equipment, couches, dining room sets, and just about any other household item you can think can be purchased at big discounts like art work, antiques, jewelry, and designer clothing. There is no shortage of stuff to bid on at an auction. People who run afoul of the government soon find all their stuff being auctioned off at the seized auctions events, including the clothes off their backs. It is the government's way of recouping money that otherwise would fall on the taxpaying public.
With the budget and loan in place, you should start thinking about the auction’s inventory of cars and vehicles. Moms may need more seats for kids, or business owners may need trucks for hauling and transportation. Be sure to inspect the inventory closely. Do not be afraid to start the ignition, test the heating and cooling, check the seat controls, and more.
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.
But that doesn’t mean there still aren’t good deals to be had at local auctions, because as intimidating as it may sound, there’s a reason dedicated bidders still show up to these things every week. You just have to remain skeptical and attentive if you want to take home the right ride, because you never know what might show up, and by using these 10 tips, you might land a gem.
This is an immediate liquidation of all items. Every single lot starts at just $1.00. EVERYTHING MUST GO. Another month is here and we need to liquidate our entire warehouse. Some really great items have hit our floor and Seized Assets Auctioneers currently has over 1,100 new lots in its possession. Look for a strong mix of Jewelry, Vintage Coins, Sports & Celebrity Autographed Memorabilia, Fine Art, Land/Property, Sports Cards, Rolex Watches, Vintage Automobiles and even an Elvis & Disney Merchadise. More auctions will follow. Keep on the look out for more Siezed Assets Auctions.
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.
I returned home wishing I had never gone to this auction, because as someone trying to get over his junky-vehicle hoarding tendencies, I’m not strong enough to handle this kind of temptation. Sure, many of these cars were junk, but they were dirt cheap. And since most were impounded for some sort of driving infraction, there’s a decent chance they move under their own power.
It is strongly recommended that you attend the open houses/inspections that are scheduled prior to sale. The bidder is invited, urged, and cautioned to inspect the property prior to submitting a bid. Failure to inspect property shall not constitute cause for cancellation of sale. Property will be available for inspection only at the times specified. At their own expense, potential bidders may have property inspectors examine the property during regularly scheduled open houses.
PLEASE READ THESE TERMS OF SALE CAREFULLY, AS THEY HAVE BEEN RECENTLY UPDATED. THIS IS AN INTERNET-ONLY AUCTION! AUCTION CLOSING DATE: Friday, March 15th 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 2pm to 7pm REMOVAL: Sunday, [ View Full Listing ]
Always take a photo of the vehicle identification number (VIN) toward the base of the windshield on cars you want to bid on at auctions. After that, walk around and check places like door jams, under the hood, and inside trunk lids, where stickers with this number may also appear. If the numbers don’t match up, or are missing entirely it’s best to move on, because there’s probably a really bad reason why it’s like that.
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 firstname.lastname@example.org for clarification. If you are still unsure, please enjoy the auction however, please do not bid.
You could tell that most people knew each other. It felt like these few dozen bidders were part of an exclusive network of junkyard owners and flip-artists who have been bidding on cars against each other for years. Every now and then, when one guy outbid another, you’d see the losing bidder lean over to a friend and talk shit on the winner. “He just buys cars for the sake of buying them. He probably makes no money,” I heard one guy whisper. Police auctions are full of mysteries and secrets.
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.