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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.
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:
When the car that you want to bid on goes up for auction, pay attention because the bidding will go very fast. Raise your hand up to bid. If the auctioneer doesn’t immediately see you, shout “Yes.” Once the auctioneer acknowledges your bid, he’ll turn to look for a counter bid. Then he’ll turn back to you to see if you’ll bid again. Keep shouting “Yes” when he returns to you to continue bidding. If you’d like to stop bidding, just shake your head “No” when the auctioneer turns to you.
THIS AUCTION HAS SOMETHING FOR EVERYONE...LIKE A RARE VINTAGE 1950'S WESTINGHOUSE REFRIGERATOR/FREEZER IN GREAT WORKING ORDER, RARE HARD TO FIND SIZE LONGHORN BULL HORNS, 2 PITCO 50LB GAS FRYERS, 3 PITCO 75LB GAS FRYERS, STAINLESS STEEL TABLES, BUNN HOT WATER DISPENSER, 3 COMPARTMENT SINK, WELLS 48 INCH GAS GRIDDLE, FEDERAL GLASS DOOR REFIGERATED BAKERY CASE SGR3148, DOUBLE STACK BLODGETT HALF [ 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.
People were on their cellphones taking bids from afar, others were desperately eyeing the cars to see if the panels and bumper covers were in decent enough shape to make some cash at the current bidding price. Though there were only a handful of folks at this little auction, the dynamic—the subtle things people did to make sure they made a sound buying decision—was enthralling.