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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 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.
Auction included over 1,100 items from State and Federal agencies, abandoned safe deposit boxes, unredeemed pledged assets from various Financial Institutions, several business inventory liquidations, several estates and other consignors. Auction featured collectible coins & currency, rare art, fine jewelry, luxury watches, sports memorabilia, rugs, electronics, all types of collectibles & much more!
Don't get discouraged with your first auction. It takes a good sense of what a vehicle is worth, and the ability to think fast-plus some luck and common sense-to get a good deal. Watch the seasoned bidders at work to catch the gist of it. If you're a smart bidder, government auctions can be a good place to find an inexpensive second car or work truck. Just remember: any deal that seems to be too good to be true probably is!
If you are unable to claim your property, you may designate another person to the claim the property for you. In this case, you must provide your agent with a notarized letter authorizing that person to claim your property for you. The agent must present the notarized letter and proper photo identification to the evidence personnel in order for the property to be released.
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.
When it comes to car auctions, try not to put all your eggs in one basket, because there will always be more chances to score a sweet ride on the cheap. Like gambling, it’s always good to have a limit in place before the bidding starts, because nothing sucks more than overspending on a car that only gets you halfway home before the damn transmission craps out.
DON’T MISS ALL OF THE STUPENDOUS EQUIPMENT IN OUR Comets Retro Diner Restaurant Equipment Auction Which Features a Blodgett Electric Convection Oven, Alto Shaam Holding Cabinet, Market Forge Electric Tilting Kettle, Baker’s Pride Gas Full Size Convection Oven, Univex Planetary Mixer, Vollrath 2 Hopper Slushie Machine, Manitowoc Ice Head and Bin, Donper 2 Flavor w/ Twist Ice Cream [ View Full Listing ]