Military Surplus Auctions
now browsing by tag
In today’s article we’re going to feature a quick round-up of some what we believe to be some of the most valuable resources on the internet for anyone looking to take part in the surplus business trade. The resources consist of, in our opinion, many of the best products, services and educational and training information available to individuals. Some are free information resources, and some are paid products and services. But, all, we feel, will be highly valuable to most readers of SurplusBusiness.Com.
So, please, peruse the following surplus business resource list at your lesiure. We’re sure you’ll find something within the listing that you find to be of value.
Government Auctions School — A very handy and information-packed guide for taking advantage of government auctions is available from this resource. However, it mostly focuses on how to obtain vehicles — cars, truck and SUVs at government auctions. But, some information contained within the guide is sure to be of value to those seeking to obtain other types of merchandise at government auctions.
Government Auction Tracking and Listing Service — This site offers an exceedingly valuable service to those looking to take part in government auctions. Of course, knowing just when, and exactly where, government auctions are taking place near you is absolutely key in being able to grab the best deals on government surplus merchandise. This locating and tracking system maintains an exhaustive and constantly up to date list of all of the latest announced upcoming government auctions. The auctions are searchable by area, and the resource maintains a reminder service, so you can be constantly kept abreast of any new government surplus auctions that are scheduled to take place near you — or, in any area you choose.
Auction-Resource.Org — Claims to be the internet’s #1 source for government and police seized, surplus and unclaimed property auction listings. Maintains a database of more than 4,000 live, active and upcoming public auction listings — entirely searchable by area. Along with its extensive government auction listing service, Auction-Resource.Org also offers an extensive collection of training and instructional materials.
The Auto Auction Center — Provides a live, interactive search function enabling users to perform searches for specific vehicles currently up for auction from various government sources, including local, state and federal police agencies, military, and other federal, state and local governmental departments. Also provides access to browsable and searchable lists of all such vehicle auctions.
SherrifAuctions.Org — Includes online listings of country-wide Sheriff’s department auctions for items such as seized and repossessed cars, motorcycles, trucks, SUVs, vans, RVs, and boats. Provides listings of live, ongoing, Sheriff auctions currently taking place online in real-time, as well as listings for Sheriff auctions coming up in your specific, local area.
Ultimate Surplus & Wholesale Guide — For anyone looking to get into the game of making money by snatching up bargains at surplus auctions, or purchasing items at or below wholesale prices from various surplus, wholesale and liquidation sources, this is the ultimate guide which will detail absolutely everything you need to know in order to do it. The guide details exactly where and how to find and purchase surplus, liquidation and wholesale products at prices up to, and sometimes more than, 90% off the product’s regular retail price — and then, turn around and sell those items at a substantial profit.
Wholesale Sources Online — The #1 source on the internet for searching and finding active sources, providers and distributors of wholesale, close-out and liquidation items such as jewelry, watches, designer handbags and fashion accessories, clothing items, and more. Name brands listed include labels like Gucci, Prada, Chanel. Versace, and more — all available at wholesale, or below wholesale prices.
So, you’ve started your own home business or small business — or, at least, you’ve finally made the decision to do so — and now you find yourself in need of all the required supplies. Of course, if you’re just starting out, your budget is quite likely to be somewhat on the lean side, and the cost of acquiring the necessary supplies to get your new small business off on the right foot can be somewhat costly. Luckily, there are methods for obtaining very good quality business supplies for much less than you’d regularly expect to pay — and, I do mean MUCH less! Acquiring such supplies via government surplus is one of the top options available to you.
Acquiring much needed business supplies from government surplus sources has long been a well established means of outfitting a small or home business with exceptional quality items while still managing to save a significant amount of money and, thus, going a long way in helping to keep your business’s budget from creeping into the red.
Practically anything your business might need in order to operate efficiently is regularly sold off by the government through surplus channels — if your business needs it, chances are that some government surplus outlet has it up for sale right now, or soon will. And, practically all of it is sold at or below cost, or below wholesale – sometimes significantly so. Sometimes they even practically give it away.
Whenever some government agency, either at the municipal, state, or federal level finds itself with extra items, supplies or equipment that they no longer require these items will sometimes be destroyed in some fairly rare circumstances, shipped to another government agency that may have use for the items, or, very often, sold off to non-government individuals or entities through public or private sales, or through public or private auctions.
The particular government agency offering surplus goods for sale will utilize different means and methods for selling off these goods. They may hold a public auction which members of the public may attend and place bids on the various items for sale. But, today, more and more, many government branches and departments are turning to on-line, electronic means for conducting such sales — even when their wish is to auction such items to the highest bidder. Some governmental organizations have even been known to use eBay in order to sell their wares. However, most now regularly utilize dedicated, government run services and electronic, on-line, central sales outlets.
The majority of state governments now employ the use of some sort of central auction and/or sales website that members of the public may visit, browse the items currently up for grabsm and place bids on the items they’re interested in. Many municipal governments are now doing the same sort of thing as well. However, with federal government, there is still no such entirely comprehensive, all-in-one, central on-line service maintained by any one central branch. Instead, there are a number of governmental departments responsible for the selling off of surplus goods and items from various areas of government.
The General Services Administration, or GSA, is tasked with getting rid of the bulk of items and property that a number of areas of government find themselves no longer in need of. But, the Defense Department takes care of their own surplus sales and does not use the services of the GSA in most cases. Along with that, various federal level law enforcement agencies also run their own surplus auctions, sales and property disposal.
The following information is already readily available on SurplusBusiness.Com, but we’ll include it here briefly again for easy access. Here’s a quick run-down of some government surplus related Internet sites that you’ll most certainly find exceedingly useful in helping you to save money while procuring the supplies your business requires to operate effectively and efficiently:
Govsales.Gov – This is the official on-line Federal Asset Sales Portal for the United States Federal Government. Operated by the General Services Administration, it contains a comprehensive, searchable and browseable, listing of most surplus items currently available for sale, or at auction, from a vast array of different federal government departments and sources. At any given time you’re likely to find just about anything from soup to nuts being offered up for sale from the federal government on this site — from fully functional helicopters, to pens and pencils. From high-tech medical equipment, to coffee-makers and work boots.
Gov-Auctions.Org – An exhaustive, all-in-one on-line resource comprising the largest single source of all state-level, and federal, US government surplus auctions including government surplus pre-owned and seized cars, trucks, SUVs, boats, real-estate and a wide array of personal property items — all at up to 95% off book-value on many of the individual items being offered.
DispositionServices.Dla.Mil – Home page for the U.S. Defense Logistics Agency Disposition Services. This website makes available surplus items, goods and property obtained from the various branches of the U.S. military. Don’t skip over this valuable resource if you’re not interested in strictly military-style items, however. The military uses a great deal of items that aren’t immediately associated with being strictly military items, and any excess goods that have been owned by any branch of the military and is now available for surplus sale is offered on this site. It is not at all uncommon to find incredible deals on things like office supplies, kitchen supplies, furniture, and much else on this site — along, of course, with all of the standard military surplus fare.
GovernmentAuctions.Org – An incredible and valuable private government auctions listing service. This powerful resource keeps track of all upcoming federal, state an local government surplus auctions and keeps you informed, ahead of time, on all such events that will be taking place in your area, and elsewhere. If you’re thinking of making money by acquiring surplus goods and flipping them for a profit, this resource is absolutely indispensable for providing you with the upper edge you’ll need to maximize your chances of success — get a leg up on the competition by being kept informed of the most obscure of government sales in order to take advantage of the very lowest of surplus prices.
U.S. Marshals Service Assets Forfeiture Service – Home page for information regarding the sales of seized and forfeited property available through the U.S. Marshall’s Service. This Internet site contains listings of currently available seized and forfeited real estate, vehicles and other property that the U.S. Marshall’s Service has available for public auction.
Insider Wholesale & Surplus Products – Government agencies aren’t the only places available to you for acquiring goods, items and property at incredible, far-below wholesale surplus prices. There is a wealth of commercial retail and private sources that you should be informed regarding. This site contains all of the information you’ll need to learn about such avenues and take advantages of the incredible deals available through them.
United States Treasury Real Property Auctions – This website is operated by the U.S. Treasury Department and lists auctions of seized Real Property currently for sale throughout the country. Listings regularly include all manner of both residential and commercial buildings, land and property — including single and multi-family dwellings, commercial warehouse buildings, commercial retail properties, even fully operating businesses that you can purchase and take over.
IRS Real and Personal Property Sales – This website, operated by the United States Internal Revenue Agency lists all items currently up for sale or auction to the public that have been seized due to tax defaults. Items regularly offered include just about anything you can think of — from clothing, to jewelry, to automobiles, office equipment, furniture, artwork, real estate, etc., etc., Anything that has value and has been seized by the IRS can be found offered for sale to the public on this website.
In Canada, the organization responsible for overseeing the disposal of all Canadian military assets is the Department of Directorate Disposal, Sales, Artefacts and Loans, commonly refereed to as, simply, the DDSAL. The DDSAL is charged with the responsibility of offloading, through a number of means, all surplus items and most all other Canadian military assets that have fallen into some state of disuse.
This doesn’t just mean that the DDSAL only handles surplus items via Canadian military sales. In fact, they do much more. If the Canadian military holds any sort of tangible asset or item that they wish to get rid of, it is the DDSAL which oversees the entire process. The DDSAL will assess the particular item (or items) which have been marked for disposal, calculate the best mode of disposal for those items, and oversee the process of their disposal. Depending on the particular items in question, this may mean destruction of the items, donations of the items to various individuals, entities or organizations, or sales of items through private or public means.
The DDSAL works on behalf of the Canadian Department of National Defence and the Canadian Armed Forces, otherwise known as the DND/CAF and is charged with the responsibility of managing the disposal of military goods and items, creating the policy which directs such actions, and creating the official documentation which governs those actions and processes.
When surplus Canadian military vehicles fall into a state where the DND/CAF decides that they are no longer of use in the service of the Canadian military, the DDSAL will asses the vehicles and determine the best course of action for their disposal. Depending on a number of specifics, this might mean the destruction of such military vehicles, their donation, or, quite often, they will be put up for sale, usually via a surplus auction open to the general public.
When Canadian military vehicles, and other surplus military items, are marked to be put up for public surplus auction, the DDSAL will use the services of the Government of Canada Surplus service — commonly known as GCSurplus. This is the Canadian governmental organization that is charged with conducting the sales of most surplus crown assets.
GCSurplus currently maintains a total of ten offices and eight warehouses which are located throughout Canada. Most of the sales open to the public, which GCSurplus conducts, are now being executed through the GCSUrplus website located at GCSurplus.Ca. Members of the general public are able to bid on items made available through that website — items which include surplus Canadian military vehicles for sale — but pre-registration is required before a person may enter a bid. There is no cost to register with GCSurplus in order to bid on surplus items that become available, but a registrant will be required to have a valid credit card on file with GCSurplus before their registration will be approved.
At the time of this writing, the GCsurplus website is currently listing a total of 105 government surplus vehicles up for auction. Only a small portion of these, however, are actually Canadian military surplus vehicle auctions. The bulk of government surplus vehicle auctions handled through the GCSurplus website are crown asset surplus vehicles sourced through a variety of non-military governmental agencies. So, if using that service to search for Canadian military vehicles for sale, some searching through the listings will be required.
If you’re searching for surplus Canadian military vehicles for sale, you might also want to consult our live surplus vehicle auction listings located at this link, as surplus Canadian military vehicles do appear there from time to time.
It’s a bit of a fad (for lack of a better term) in the popular culture right now — people are gearing up for the end of the world. The television reality series “Doomsday Preppers” on the National Geographic channel is currently enjoying a period of fairly immense popularity. There’s no doubt that a good number of people appear to be quite sure that the proverbial doo-doo is about to hit the fan — and they’re getting ready for it. The interesting thing is that this trend is translating into hot markets in the military surplus industry.
Recently I ran into an old friend who had an interesting story to tell. He had recently happened upon a notice for an upcoming military surplus auction that would be taking place in the next state over from his own — the exact location of which happened to be less than a two hour drive from his house. He decided to spend the day checking out that auction. While there, he bid on, and won, an entire pallet full of military surplus ALICE packs (ALICE – All-purpose, Lightweight, Individual, Carrying Equipment) He managed to achieve the high bid with an offering of just $180.00. Turns out, there was just over 160 ALICE packs boxed up on that pallet. That’s a per unit cost of less than a buck and a quarter. Not bad!
So, he loads his purchase onto his truck, hauls it home and starts looking to move it as a complete lot. He was hoping that he might be able to move the entire lot for somewhere around four times what he paid. He figured that if he could unload the whole pallet for around $700.00, he wouldn’t have any complaints at all. And, at that price, a buyer would still be getting each pack for a little more than $4.25 — which should have been quite attractive for any buyer looking to again resell the packs individually to individual buyers. However, at first, he experienced some difficulty in trying to locate a buyer for the whole she-bang.
Originally, he tried offering the lot of ALICE packs around for a price of $900.00, with the intention of being willing to haggle down to his goal price of $700.00. But, he couldn’t find anyone that was interested. So, he dropped his offer price to $800.00 and intended to accept a counter offer as low as $600.00. But, again, no takers. He dropped his price again to $650.00 and resigned himself to being willing to accept $300.00 if it was offered (less than twice what he paid.) Still, he could find nobody who was interested in purchasing the lot — even at that price.
He wasn’t giving up yet, however. He kept trying to locate a buyer for the lot. But, in the meantime, he put one of the ALICE packs up for sale on Craigslist with an asking price of $10.00 for the single pack. Within about an hour of the ad being published he received an email from someone who was interested in taking a look at the pack. They made arrangements for the interested person to go by my friend’s house on his way home from work. The guy showed up, took a look at the pack and immediately pulled out a $10.00 bill and handed it to my friend.
“You got any other military stuff you’re looking to get rid of?” The guy said as he handed my friend the money.
“Just more ALICE packs the same as this one.” My friend replied, “I’m sitting on a whole pallet full of them that I’ve been trying to move.”
“Really?” The buyer answered back, “I’ll take four more, then.”
And, with that, he pulled out two twenty dollar bills and handed them to my friend.
A pretty good deal. He’d just sold five ALICE packs for $50.00 and his cost for those five packs was about $5.50 — he sold them for close to ten times what he paid for them. He quickly went back inside and put another add on Craigslist, this time listing one of the ALICE packs at $15.00 instead of $10.00. Again, within a very short time, someone interested in buying one contact him. That guy showed up and ended up buying two packs. My friend had just made another quick sale, acquiring $30.00 for what cost him a total of about $2.25 — a mark-up of more than 1300%
My friend told me that, after that, he kept putting up ads, and people kept buying the packs. He experimented with different prices, but ended up finding that they seemed to sell best at $15.00 per pack. He sold out of his entire lot in just under four weeks — pulling in a total of more than $2,000.00 in gross sales on his initial purchase of just $180.00.
My friend reported that, over and over again, when conversing with the people who were buying the packs off of him, the people would mention something about the show Doomsday Preppers, or something about being prepared for catastrophe. It became apparent that a good number of people were interested in, and buying these military surplus ALICE packs as part of their own doomsday preparations. This current trend in the popular culture — perhaps because of the TV show, or perhaps along side of it — had created a hot market in the surplus industry.
My friend with the ALICE packs, ever since, has been sourcing other such military surplus gear that would also appeal to the same sort of buyer, and he’s been making a small fortune doing it.
In the surplus business game, as with in any industry, it’s important to have an eye for marketplace trends. Hot markets pop-up sometimes seemingly out of nowhere. If you can recognize them, your pocket-book can benefit greatly. My friend sort of happened to luck into this current trend that’s going on in military surplus equipment. But, if you can keep your eyes and ears open, you can learn to recognize trends like these as they’re happening. You don’t need luck — just a keen sense for emerging market trends.
Everybody knows that one of the absolute surest ways of making money in business is the “buy low and sell high” model. And, it goes without saying, the lower you can buy an item for, and the higher you can turn around and sell that same item for, the more money you’ll make. It is precisely for this reason that sourcing potential trade items from surplus providers is so attractive to so many. There are few, if any, other avenues that hold an equal potential to provide a buyer with lower priced, quality merchandise which can then be re-sold for higher profit margins than government surplus sources.
Through government surplus outlets and auctions, a buyer is able to locate all manner of various goods very inexpensively and re-sell those items at a substantial profits. Such cheaply sourced items can be re-sold easily, effectively and without much overhead, through on-line means such as eBay and other online auction services, flea markets, junk sales, Craigslist or print classified advertising, mail-order, liquidation centers, and more.
Sourcing merchandise intended for resale from government surplus sources offers very attractive profit potential because government surplus sources aren’t likely to be as concerned with obtaining the highest prices for their surplus merchandise as are private, commercial sellers. When it comes to government surplus sales — such as government surplus auctions, or government direct liquidation — the sales are being run and handled by government employees. This means, of course, that it wasn’t their personal money that was used to procure the items in the first place. It was tax-payer money. The sellers have no personal stake or financial investment in the sale of the items which they need to make certain they recoup. So, they are not strongly motivated to make sure that they obtain the best possible price on a sale. At least, they’re not nearly as motivated as a private seller would be — one who, if they are unable to obtain a good price for the item they have personal capital invested in, might not be able to provide for themselves or their families as well as they would have liked. The government employees overlooking the sale of the government surplus items you’re interested in purchasing are getting paid the same wage whether the item sells or not, and regardless of how much it sells for. Whether an item ends up being sold for one dollar or a million dollars, the people overseeing the sale make the same wage.
Now, many people that are inexperienced in the game of flipping goods obtained from government surplus sources are very often under the mistaken impression that government surplus really means military surplus. And, that most of the types of goods available have very specific military applications only and, thus, appeal only to a very specific and somewhat limited market, making the items obtained somewhat difficult to re-sell unless you already have avenues of distribution set-up within that market. This, however, is not the case at all. Military surplus actually only accounts for a small portion of the surplus merchandise that various government departments sell off practically every day. Most of the merchandise that makes up regular government surplus sales are items with very mundane, every-day, civilian usages.
At government surplus auctions and distributors it’s common to find things as ordinary and mundane as office furniture, consumer camera, photography and other types of audio-visual equipment, regular clothing, consumer computer equipment, various electrical and kitchen appliances, musical instruments, hand tools, exercise equipment, janitorial supplies and equipment, and much, much more.
Of course, with all the attraction that’s obviously inherent in exploiting government surplus sources in order to make money flipping surplus merchandise, there really doesn’t seem to be a lot of people actually doing it. And, one must wonder why this is. The reason is fairly straight forward, however. I explained above how the people who run these government surplus sales aren’t personally motivated to get the best prices for the items being sold. And, of course, for this exact same reason, these government surplus sales aren’t widely advertised. The truth is, most people just don’t know about these government surplus sales. The sellers aren’t personally motivated to publicize the sales in order to bring in the widest array of potential buyers and make sure the items are moved for the best possible prices. This is another reason why merchandise can be obtained at such great prices from government surplus sources — there’s less competition among buyers than there usually is at private sales, simply because less people are aware of them.
So, all you really need to do is find these under-publicized sales. Fortunately, we’ve published articles right here on SurplusBusiness.Com in the past that will explain to you the best methods of going about finding these sales. Check out just some of our articles listed below for more information:
So, these are the attractive advantages of government surplus when it comes to turning a profit by buying low and selling high: The sales tend to not be well publicized, which means less competition among buyers. Which, of course, means less demand and less buyers running up prices. Government surplus auctions tend to place items up for bid with either very low, or absolutely no reserve price. Coupled with the less than normal buying competition, this means that, often, even placing a ridiculously low-bid on an item can result in a winning bid.
Just recently, I was at a government surplus auction where a lot of antique shaving kits — never used and still in their original packaging — came up for auction. I know there’s a small, but fairly enthusiastic, collector’s market for such items. I estimated the re-sale value of the lot at around $500.00 But, since the market is so small, it probably would have been a hassle to move them quickly, if I won the bid.
In this particular case, it was a silent auction. In such an auction, you don’t get to know what other people have bid. You enter the most you’re willing to pay, and at the end of the day, the person who entered the highest amount wins the item for the amount they entered. Even though I knew the re-sale value was around $500.00, the reserve price placed on this particular item was set at only $25.00.
So, I thought, “What the hell!” I’ll put in the minimum bid. I don’t really want the hassle of trying to move the items in such a limited market — so, if I don’t win it, I won’t be all that disappointed. But, if I do somehow manage to win them for the minimum bid, I’ve pretty much got to go for it. If I don’t get it, I don’t get it. No big deal. I didn’t expect to win the bid. But, I did. As it turned out, nobody else even placed a bid on the item. And, as luck would have it, I actually did find a buyer fairly quickly and with relatively little hassle. I paid exactly $25.00 for the lot, and within two weeks I found a buyer and sold the entire lot for $380.00. A profit of $355.00. Not bad!