Treasury Department Auctions: The other agency very active in holding auctions is the Treasury Department, with roughly 300 sales per year. Treasury often offers in-person previews in California, Florida, New Jersey and Texas. Treasury auctions off "property forfeited as a result of violations of federal law enforced by the Department of Treasury or nonpayment of Internal Revenue Service taxes," according to its website. There are many categories of goods, including concrete items like antiques and coins but also less tangible property like stocks and patents.
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It is important to have realistic expectations when attending a government car auction. While you can find some good bargains, you are not going to find a brand new BMW for $100.00. Government auctions sell both fleet cars and vehicles that have been impounded by government agencies. The conditions of these vehicles can range from great to not running. Set your expectations and budget realistically.
The public may view the vehicles from 7 a.m. to 9 a.m. the day of the auction. In order to bid on a vehicle, you must be registered with the Impound Lot before 9 a.m. on the day of auction. Registrations will not be processed after 9 a.m. There is a $5 fee to obtain a bidder number for the auction. You must be 18 or older to bid. Additional attendees with a bidder are $1 each, including children. One person in each party must register as a bidder. Everyone in your party must be present when the bidder registers in order to be allowed in for the attendee fee of $1. The bidder's name will be the name the Bill of Sale is printed in. This cannot be changed.
While the chances of you finding and successfully bidding on a luxury sports car, such as a Lamborghini, are slim, a seized-car auction offers you the opportunity to get a great deal on many other vehicle makes and models. By knowing what steps to take when going through the inspection and bidding process, you can greatly improve your chances of getting a great deal on a quality vehicle.
2. Know what car you're looking for You can find a list of what’s for sale online, either at Govsales.gov (if it’s a federal police auction) or through your local agency/county/department (just Google it). You need to have a decent idea of what you’re wanting to pick up, or you won’t have time to properly vet everything, which could get messy. See above.
Eastway Wrecker auctions North Carolina DWI Seized Vehicles, NCDOR Seized Property, and MORE!! DWI seized vehicle proceeds benefit local school board agencies. Preview of vehicles is 8:00AM-10:00AM the morning of the auction. Auction begins at 10:00AM. THIS IS A GREAT PLACE TO GET A GREAT DEAL ON A GREAT CAR!!! We look forward to seeing you!NCAF #9063 NCAL #9164 NCAL #9169 [ View Full Listing ]
Police auctions tend to conjure up images of beat up cars confiscated from drug dealers and mint condition police cruisers that—for one reason or another—never saw service. The reality lies somewhere in the middle, and there are some good deals to be had so long as you're careful, and absolutely sure about what you're doing. Let this list be your insurance.
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.
Greenway's Real Estate and Auction, Inc. is proud to offer this fantastic Real Estate and new old stock inventory for sale AT AUCTION on March 9th, 2019. The Sale Starts at 9:00 AM Saturday morning and will last all day. The Real Estate features an 11,000 square foot +/- former Chrysler, Jeep, Dodge, RAM dealership. The building has a large showroom and sales floor, shop area, parts room, [ View Full Listing ]
Additional government sites. There are a few additional sites that can provide tips on government auctions. Guide to Federal Auctions gives a rundown of the various agencies. It provides information about what they sell as well as the departments' websites. GSA supplies information about auction sources. Auctions can be searched by state or auction house
Lots at police auctions range from brand new or graded from A down in used condition, or goods may be slightly marked. A good example would be high quality white goods. All items listed in any police auction are available for viewing and inspection prior to the sale. Faulty or damaged goods should be clearly marked, and faults are outlined by the auctioneer during the auction.
A group of Roller Auctions employees, along with friends and family of the Rollers are taking part in a 27-47-65-mile bike ride on August 18th to raise money for the Cystic Fibrosis Foundation. Cure for Kaley has been a focus of Roller Auctions for the last 14 years, and will continue to be until we find a Cure for CF. (Kaley is the 14 year old daughter of the owners of Roller Auctions.)
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.
If it looks too good to be true, chances are it is, and there’s a simple reason why. While bodywork is expensive, it pales in comparison to the kind of profit a car will turn if a high-bidding buyer doesn’t notice it. A thorough pre-bid inspection should hopefully illuminate any issues prior to putting down your money. For more info on what shoddy bodywork can hide, don’t forget to read our write-up on nine ways you can tell if a car has been in a wreck.