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.
To bid, you'll mostly need to go to an auction house on the day and bid in person. However, some auction houses now offer live internet or telephone bidding. You'll have to register to bid with the auction house, whether you're bidding in person or not. You should be able to find out when the next police auction will be held by visiting the auction house's website.
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.
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.
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.
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 email@example.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.
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 ]
But ordinary folk typically don’t have the means to attend high-end events like these, so we have to settle for the local auction block, with all of its police impounded “perp-mobiles,” abandoned clunkers, and donated jalopies. But regardless of what kind of crap is being auctioned off, there are diamonds in the rough that can be unearthed, and as a bidder, you stand a chance of getting one for pennies on the dollar.
As you browse the government auction sites above, you'll notice some link you to additional sites run by private contractors. These contractors have legitimate relationships with the government, but bidder beware: other private companies will try to make their auctions seem like government auctions as a marketing ploy. Always start with the legitimate links provided by the government itself. Good luck!
If you're looking for live auctions, AuctionZip is the place to go. These live auctions are events that users can view right within their web browser, and they can bid for items online at the same time as bidders on the auction floor. With live bidding, users can access auctions around the world and get in on all the action without any software to download or special tools to buy. The website lists auctions that are live or are upcoming soon. After you register to bid, you go straight to the auction, where you watch what is happening and bid in real time if you see something you like.
Attending an inspection period is also a good opportunity to view the vast array of vehicles available for auction. A potential buyer can explore his options and see the starting prices of the cars. There are many choices for the public regarding models, colors, and types of cars including SUVs, coupes, sedans, trucks, and so on. An added benefit is that these auctions are held regularly and can even be found locally. The information is available both online and in local and national newspapers.
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:
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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 ]
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 ]
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.
Over 600 lots of fresh to market antiques, collectibles, fine art, furniture, decorative arts, Asian, much more!!!! Follow the end of the Rainbow to William Bunch Auctions for your pot of gold filled with Sports items, clocks, fishing rods & reels, Waterford stemware, large variety of table lamps, jewelry, watches, stained glass panels, old photographs, books, modern & antique toys, [ View Full Listing ]
Many police forces across the UK sell on loot which they've seized. And because this isn't widely known about – and because the police sell on items they'd otherwise have to store or dispose of – you could bag real bargains. For example, we spotted a kids' bike for 99p (collection only), a classical guitar for £14 (incl delivery) and an Armani watch for £15 (collection only).
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After registering for the auction of your choice, begin to figure out a budget. Setting a budget helps relieve anxiety and stress that can come along with auto auction participation. Know your budget and stick to it no matter what the circumstance. When the budget is set, you can start to look into your finances. If you are going to need a loan, determine who or what will be your financial lender. Some auto auction firms provide pre-approved loans; if that is a route, you are comfortable taking. Banks and credit unions are other options for obtaining a car loan.
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.
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.
Inspect the items - Before you bid on anything, carefully inspect all of the items first. You would also like to get a better idea of what the items you will be bidding on could be worth. In case you are bidding on an online auction, you will need to rely on the picture and the description of the item. You need to do all of your research in advance, as all of the sales at the police auction are final once they accepted you bid. By doing your research in advance you will ensure that you are buying real bargains and not overpaying for the items that you are bidding on.
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.
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