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:
This site advertises auctions of seized Real Property for sale throughout the United States and Puerto Rico and includes single and multi-family residences; commercial and residential land; commercial buildings and warehouses; and operating businesses. These properties have been seized and forfeited due to violations of federal laws enforced by the U.S. Department of the Treasury. Participating enforcement agencies include: IRS-Criminal Investigations Division, Immigration and Customs Enforcement, and the U.S. Secret Service. All proceeds from the sale of property are deposited in the U.S. Treasury Asset Forfeiture Fund. This fund helps support continued law enforcement efforts and provide restitution to crime victims.
This public online auction is held multiple times throughout the year as an outlet for restaurants to buy and sell their quality equipment. Auction typically includes Walk-Ins, Hoods, Convection, Steam and Bakers Ovens, Range Ovens, Counter Top Grills And Griddles, Holding Cabinets, Counter Top and Floor Mixers, Stainless Steel Sinks and Tables, Dining Room Furnishings and Decor, Tables & Chairs, Reach Ins, Under Counter and Work Top Refrigerators and Freezers, Ice Machines, Automatic and Manual Slicers, Plate Ware and Small Wares and Much More.