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.
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.
The goods you buy from government auctions are “as is.” Look on the “Terms and Conditions” page before bidding to understand the process. A typical auction page states, for example, that the auction site doesn’t guarantee the quality of the product in any way. Once you bid, you enter a legally binding contract, and you need to follow through with your bid.
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:
ONLINE ONLY GALLERY AUCTION Vintage & Modern Die Cast Toy Collection Bidding is open now Bidding Starts Ending Wednesday, March 13th 7:00 pm CentralTo Enter Auction Click Here! THIS ONLINE ONLY AUCTION Held at our auction gallery 421 E Stevenson Rd Ottawa IL 61350 Preview at the gallery Wednesday March 13th 10:00 am-4:00 pm Pick up dates Thursday [ View Full Listing ]