Seized Vehicle Auctions
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There’s no doubt that if you’re interested in saving cash on any sort of goods, property or items, the bargains that can be obtained at local or federal seized property auctions are positively unparalleled. Everyone knows, or has heard, about people managing to snag incredible deals at such seized property auctions. Yes, a lot of people know this — but, not a lot of people seem to be regularly taking advantage of the low prices for quality goods that these local, federal or state seized property auctions offer. Why is this?
Most people, when in the market for some sort of high-priced item, having heard of seized property auctions, spend a token amount of time investigating them. And, as is regularly the case, quickly become frustrated because finding such seized property auctions proves difficult. They try once, don’t have much luck finding any seized property auctions, and from then on they never try again. From then on, their opinion is that what they’ve heard about seized property auctions and the deals that are available at them is just some sort of hype, or that actually finding seized property auctions is really more trouble than its worth.
If you’re like most people who have looked into taking advantage of such state, federal or local seized property auctions, chances are extremely good that you’ve had a similar experience. The truth of the matter is that taking advantage of seized property auctions, finding them, and actually obtaining amazing deals on items that you’re interested in acquiring is much easier said than done.
Traditionally, government seized property auctions are not well advertised and promoted. There’s two main reasons for this: The first reason is that, counter to what might be intuitive, the government agencies that operate these seized property auctions actually want to keep the competition amongst bidders to a minimum. This attracts the big players — the professional liquidators and other such business professionals that buy and buy and buy, and have the means to drop huge amounts of money on the big lots.
If such pros are constantly dealing with a swarm of (what they consider to be) gnats (the little guy — the private, independent individual), they’ll go elsewhere. The real pros view this as an inconvenience and an impediment to their ability to do business smoothly. The operators of government seized property auctions welcome all bidders, big and small — they have to. But, if they had their way, they’d limit the seized property auctions to just the big fish — the big time business players that will think nothing of dropping $10k on a lot of, say, 500 assorted pieces of office electronics, or a lot of 50 industrial arc-welders. The big players have big money. And that’s very attractive to the government agencies operating seized property auctions. And, the big players with the big money don’t like the annoyance of having to compete with a bunch of little players.
The second reason is that there really is just no pressing incentive to advertise seized property auctions widely, while there most certainly is incentive to keep costs to an absolute minimum. Remember, the whole shtick behind seized property auctions — what makes them so attractive to the big bidders — is that the merchandise is available for ridiculously low cost. Advertising is an added cost for the operators of seized property auctions — an added cost that, if incurred, reduces the profit able to be made by the auctioning department from the already razor-thin profit margins obtained on the individual items or lots.
The big players that fuel the seized property auctions don’t need advertising to know when and where these seized property auctions are taking place — it’s their business to know. They’ve usually spent years in developing the right professional contacts and putting a system in place to effectively keep abreast of upcoming seized property auctions.
Seized Property Auctions — The Where and When
So, if you’re not one of these big players, where does that leave you? How can you find these local, state and federal seized property auctions? Luckily, it’s not as difficult as it may at first appear.
The best way, hands down, is to take a page from the big players themselves. One of the methods the pros employ is to use the services of a government seized property auctions locating service. There are companies out there who act as service bureaus to auction buyers and interested parties looking to score deals at private and government seized property auctions. One such service is GovernmentAuctions.Org. However, there are a number of these companies currently in operation. Information on another popular seized property auctions locating service can be found at this link. And, yet another is located here. Yet another can be found at this link.
These locating services do all of the work in finding these unadvertised government seized property auctions that are coming up all across the country. You simply inform them of the locations you’re interested in — the locations you have easy access to — and when one of these seized property auctions is scheduled to happen, they’ll inform you regarding all of the information you need so that you can attend and take full advantage. It’s an invaluable service for anyone looking to obtain hefty bargains at seized property auctions. If you’re actually thinking about perhaps getting into a full-time, or just a side business, or revenue generating hobby buying low at seized property auctions and selling high, then a quality auction locating service such as one or more of the ones mentioned above is an absolutely indispensable tool!
When it comes to government seized car auctions, there appears to be quite a number of myths out there that, for some reason, are commonly believed by the general public. Many people, it seems, hear about such government seized car auctions and become excited by the prospect of being able to acquire, for incredibly good prices, automobiles repossessed by the government. And, it’s true that you can do exactly that. However, as I said, there appears to be a number of myths prevalent throughout the public. In following article I’ll touch on some of the more common of these government seized car auctions myths and attempt to set the record straight.
On any day you care to choose there are, quite literally, many thousands of repossessed vehicles sitting in car lots all across the country just waiting to either be reclaimed by their delinquent owners, or to be snatched up by the highest bidder in a government seized car auction. Most often the vehicles available at the us government car auctions range from absolutely pristine, desirable automobiles to pure junk-heaps. And, this is the first myth that seems predominant in the mind of the public.
Government Seized Car Auctions – Myths
It seems that a lot of people mistakenly believe that when showing up at one of these government seized car auctions they’re bound to encounter nothing but quality automobiles that are in great shape — both mechanically and visually — and that they’ll be able to acquire them for a real steal. This isn’t, however, the case. Very often the vehicles are in pretty rough shape and require a fair amount of maintenance in order to get them into salable, or even drivable condition. If you’re someone who isn’t willing to put a lot of work into the cars you can acquire from one of these us government seized car auctions, then you could find yourself showing up to the auction only to discover that there aren’t any vehicles up for auction that you’d even consider bidding on.
It’s true that these sorts of cars will end up being sold very cheaply. But, they’re being bought up mostly by people who can and will do the work to bring them into salable condition and then flip them for a profit. If you have the means to do that, then government seized car auctions can be an absolute gold-mine for you. If you don’t have the means to do that, however, you’ll end up having to hunt a little bit for the really good bargains. But, they ARE there — just don’t expect all of the us government seized car auctions you may attend to be overflowing with them. Many people are disappointed when they attend their first of these government seized car auctions and find this to not be the case.
Because, of course, this is a myth that seems to be prevalent among those who don’t have experience attending government seized car auctions. Many people seem to believe that you can show up at one of these auctions and the lot will be full of nothing but great cars that end up being sold for very little money. Most often, this isn’t the case. People tend to fight more readily in order to hang on to good cars — so, less of them become repossessed. If someone owns a junker and has fallen on hard times, however, they’re much more likely to just let the repo man come and get it without putting up much of a fuss.
The great cars do show up at us government seized car auctions — make no mistake. But, when they do, as common sense should tell you, they quite often end up being sold at something close to a fair market value. You can still get them for a fair bit less money than you would be able to if you were purchasing it from your average used car dealer. But, it’s a myth that such pristine cars can regularly be acquired for a song. It does happen, yes. But, it’s not extremely common. When such a fine automobile does come up for auction at one of these us government seized car auctions, the bidders present, of course, will very often bid it up to something close to fair market value for such a car before dropping out of the bidding.
So, be aware that amazing deals on high quality cars can be found at these government seized car auctions, but don’t expect that every auction you attend will be brimming with such buying opportunities. You will, most likely, have to hunt around a little bit to find them. Among all the US government car auctions seized, most of them will require at least some work.
Another myth surrounding government seized car auctions appears to be that many in the public think that acquiring one of these cars at auction could actually be dangerous. They believe that many of the automobiles may have been seized in drug raids, or some other such nefarious scenario, and that the cars might have belonged to dangerous felons. These felons might then show up at the auction to watch and see who acquires their automobile, follow them home, and take back their car — with violence in some cases.
This too, of course, is a myth. Talk to any auction service — even ones that have been in business for many decades and have overseen thousands of government seized car auctions, and they’ll tell you that they’ve never heard of this happening. The truth of the matter is, it just doesn’t make any sense from the criminal’s point of view. The government seized car auctions are almost always held on a public lot which employs security measures. In other words, when you’re at one of these us government seized car auctions bidding on automobiles out in an open, outdoor, fenced in lot, you’re almost always being recorded by security cameras equipped on the lot. A drug dealer, or other criminal, or an associate of theirs, that has just suffered a raid is very, very likely not going to risk showing up at one of these government seized car auction just to get their face on camera so they can get their car back. It’s not worth the risk, and seeing as how their stuff is currently being sold off at a government auction, they’ve got much bigger things on their mind besides getting back a single car.
Along with this, a lot of people would be surprised at just how relieved a lot of people are to actually have their car repossessed! It’s true. When the repo man shows up to take their car away a surprising number of people actually welcome it — believe it or not. The reason, of course, is simple. If a person is in a situation where their car is being repossessed, that person is likely in the midst of some fairly heavy financial troubles. When their car gets seized, to them, it’s one more payment they don’t have to worry about making, and a portion of their plate has been cleared which will help them to focus on what they must do to try and get out of the mess they now find themselves in. You’d likely be surprised, but for many people, having their car repossessed is a large weight off the owner’s shoulders.
Don’t believe what you see in the movies and on TV. It’s true that some vehicle repossessions turn ugly — they take place in the middle of the night, secretly, while the owner is believed to be sleeping. And, if the owner wakes up and notices their vehicle is being seized, there can be an ugly, overly dramatic scene that ensues. That does happen, it’s true. Those types of repossessions do take place. But, the reality is that in the majority of cases where a person’s car gets repossessed, the owner is actually waiting at their front door for the repo man to arrive — their car keys in their hand, ready to hand them over.
So, if you keep the above myths in mind when attending government seized car auctions, and come to know that they are myths — no matter how widely believed they seem to be among members of the public, you’ll do better at maximizing the quality of the experience you have when attending government seized car auctions. And, you’ll be much more likely to drive away with a decent, quality automobile that you obtained for a great price.
If you’d like some great information on how to best locate government seized car auctions that may be taking place in your area, all the information you need can be found at GovernmentAuctions.org by clicking on this link.
Surplus Business Equipment – Government Surplus
You’ve started your business, or you have one already at least reasonably established. You now find yourself in need of some expensive equipment and supplies. Purchasing equipment and supplies for your business new can be prohibitively expensive. You may have heard that a cheaper alternative to locating and procuring the items your business needs would be to source surplus business equipment. Many business owners do go this route. And, procuring surplus business equipment can be a realistic and economical path to locating the quality business equipment and supplies that your business needs.
Surplus business equipment and supplies are often available from private sources. However, one of the more preferred sources for obtaining quality surplus business equipment is actually the government itself. Buying surplus business equipment and surplus business supplies from the government is actually both a simple and affordable method for properly equipping both your new and expanding business. The types of surplus business equipment available from government sources range from computers to automobiles, and even to previously used medical supplies and equipment — even real estate. Practically any type of equipment you can imagine, or that your business may be in need of, can be sold off by the government at or below cost in the form of surplus business equipment.
Surplus Business Equipment:
A Guide to Government Auctions and Sales for Your Business
At a time when a federal agency or a state or municipal agency finds itself with extra equipment or seized items, or if it happens to foreclose on some piece of property, the items will either be transferred to some other governmental agency or they will be sold off to the public at a government sale or auction. These surplus items are usually sold on an “as is” basis by auction or else they’re offered to the public in a negotiated sale. The auctions and sales might take place on-line, or in-person, or sometimes both. On-line government surplus auctions tend to work in very much the same fashion as any other, regular online auction works, such as the ones that take place on popular websites like eBay. A person interested in taking part in such on-line government surplus auctions simply visits a website that is run by an agency or broker that is conducting the auction or sale, they register their name with the site, and, when the auction begins, they simply begin placing their bids on the items they’re interested in.
Most of these government surplus auctions that are conducted by various states have a single online auction website where the auctions can be found. However, that’s not the case with auctions conducted by federal agencies. There is no one, single on-line government auction site used by the federal government. Instead, each federal agency is responsible for their own liquidations of excess or no longer needed property or goods. Individual agencies like the General Services Administration, individual federal law enforcement agencies, and the Department of Defense, to name a few, each maintain their own individual auction websites.
The following list contains a number of online resources and websites that you can use to locate sources for procuring surplus business equipment from government sources. In the list you will find online resources offering government surplus business equipment, supplies, merchandise, seized property and real estate.
Government Surplus Locating Resources and Services:
This online resource tracks government surplus auctions taking place all over the country. It maintains a large database of upcoming federal, state, and local government agency auctions. Visitors can filter searches in order to list government surplus auctions coming up in their specific area. This is a valuable resource for anyone looking for surplus business equipment.
AuctionPass is an online resource that tracks, lists and catologs upcoming government surplus auctions at the federal, state and local, municipal levels. Visitors can search extensive listings and find out when government surplus auctions are happening in and around their location.
Government Surplus Auction Sites:
GovSales.gov is a government run resource which aims to assist consumers in locating government surplus business equipment and other surplus goods and merchandise all in one place. The site catalogs most of the surplus items currently up for sale by the federal government.
- Military Surplus
This online resource is run by the Defense Logistics Agency and provides information on surplus items available from the Department of Defense that are being offered up for sale by the U.S. Defense Reutilization and Marketing Service.
- Seized Assets from the U.S. Marshals Service
The U.S. Marshals Service is the administrator of the Department of Justice’s Asset Forfeiture Program. This online resource lists and details current assets sales available to the public which has been previously seized by various federal law enforcement agencies.
- Seized Vehicles from the U.S. Treasury
This site catalogs and lists auctions of previously seized vehicles taking place in a number of states. The U.S. Treasury maintains a number of auction sales centers around the country and seized vehicles are most often offered for sale at one of these centers. The various locations include: Chula Vista, California; Edison, New Jersey; El Paso, Texas; Los Angeles, California; Miami and Ft. Lauderdale, Florida; and Nogales, Arizona;
- IRS – Real and Personal Property Sales
This on-line resource lists and offers for sale or auction real estate and personal properties that have been seized or otherwise acquired for nonpayment of IRS taxes.
Free Govenment Published Guides to Government Sales and Auctions:
- For Public Sale: Used Federal Government Personal Property
Published by the (GSA) General Services Administration, this guide offers information on how to find and purchase used government property that is being sold off.
- GSA Fleet Vehicle Sales Guide
A publication of the GSA offering information on the General Services Administration’s auto auctions program.
- Government Auctions and Sales by Agency
Provides a comprehensive list of Internet links directing visitors to the auction or sales websites maintained by each particular federal government agency.
What is a Police Auction?
When one hears the term Police Auction, all kinds of things come to mind, but I assure you the police haven’t suddenly decided they are going to auction off their equipment and vehicles etc. Referred to by some as cheaper and better than Ebay for finding affordable and high quality goods, police auction websites and public auctions offer some surprisingly unique and sought after goods, vehicles and even a wide range of collectables for collectors out there. It’s even possible to buy real estate property from a police auction!
Okay, so we know the police are auctioning off some great items all over the net and in public police auctions, but where are they getting these items?
Seized goods, Vehicles and even Property can be bought at Police Auctions
Government and police auctions basically auction off all the goods that have been taken and confiscated from felons and have then over time, become the property of the state. This might include, among other things:
- Personal Possessions
If after these things have been seized by the police and kept during investigations for use as evidence, they are not claimed by the defendant, they are eventually considered ‘abandoned property’ and are therefore put up for auction.
Where can you Find Government and Police Auctions?
If you are looking to purchase cars for auction, property for auction or a public police auction you may struggle to find one in your area if you aren’t familiar with how they work. Police auctions are held both offline and online and in fact, if you are simply looking for something like a T.V. or jewelry, you can even order online!
If you are looking for:
- A police property auction
- A Police vehicle auction
- General Government and police auctions
The best place to start is probably your local police agency. They will give you the dates, times and places of all their upcoming auctions and probably their website too where you can see what’s up for auction and purchase items there and then from the website, much like Ebay or Amazon.
You can also search the net, by simply using your favorite search engine to do a search using keywords like “police property auction”, “police vehicle auction”, “government and police auctions” and you will no doubt be presented with a whole host of options and in many cases you will even be able to purchase the goods then and there on the website.
An obvious place to find police auctions is your local paper, in the classified section. Typically, police auction ads are hard to find and are often placed in obscure locations, however this does give the added advantage of ‘less competition’ so you can get what you need without spending too much.
However, by far, the easiest method for finding police auctions is by visiting the website of a public auction listing service. There are services set-up, that you can easily take advantage of, which specialize in locating and informing you of police auctions that are available to you. Such services, such as the one that can be found here, specialize in scouring the country for police auctions that you will be able to take part in, and alerting you when such police auctions will be coming up. Such services are extremely valuable, and provide a decide advantage, as their positioning, contacts, and experience in the field allow them to find police auctions which may not be otherwise well publicized.
Don’t Forget the Special Requirements
One factor that many police auction seekers forget is that police auctions often have certain requirements that need to be fulfilled before you can attend. For example, many auction sites require that you put down a refundable amount of money before you are given access to a particular auction. This may only be as little as $100 and once you come to paying for an item, the fee will be taken from that amount and you will be returned the rest.
It’s up to you to find out the requirements as they aren’t always so obvious and don’t forget you driver’s license, insurance and registration details!
As mentioned earlier, however, taking advantage of a police auction, or public auction listing service, such as this one, will certainly make it much easier for you, as they will be able to provide you information regarding all of the necessary special requirements you may have to meet in order to take advantage of the police auctions they inform you of.