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.
Regardless of their mileage or whether they’re running properly or not, most vehicles at auctions tend to get labeled “as is” in order to prevent any headaches for the auction house down the line. So don’t go in expecting warranties or the ability to sue someone for selling you a total piece of crap. Auctions are like gambling in a lot of ways, and the only way to win is to pay to play.
Automobiles, which are auctioned in US government car auctions, come from Internal Revenue Service, US Customs Service and US Marshall Service along with other government agencies. The cars in these local vehicle auctions are bided for the best price and then sold off. It is only a matter of right information in relation to the schedules and cars, which can help you in walking off with the best deal from these vehicle auctions.
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
If you want to buy goods at or below cost, look no further than the U.S. government. Federal and state agencies sell nearly anything you can think of: cars, boats, jewelry, antiques, artwork, aircraft, real estate, houses, clothing, electronics, tools, furniture and medical equipment. The government sells surplus merchandise it no longer needs and items it obtains when it seizes property from criminals or forecloses on homes.
Majority of the contents from a recently closed bakery! Ovens, rounders, mixers, racks, shelving. Hobart. Sottoriva. Blodgett. Globe. Oliver. PCI Auctions is now accepting quality consignments of new or used restaurant, bar, kitchen, bakery, commercial, industrial & heavy equipment for our Consignment Sale. No liquidation is too big for us! Contact us today to find out how we can [ View Full Listing ]
Auctioneers are normally contracted by the different organisations within their local area. An auction at the centre of London for example, will deal with the assets of companies whose bankruptcy proceedings are being dealt with by courts in Greater London. An auction in Leeds will handle the assets of companies in Yorkshire that are being dealt with by Leeds City Court.
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.
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!
This public, online restaurant equipment 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.