subject: Government Auto Auctions Information [print this page] Each year about 300 Government auto auctions are conducted throughout the United States and Puerto Rico. Government seized and surplus autos and other vehicles are sold by net auctions, live auctions, sealed bid auctions, negotiated cost, fixed cost and drop-by sales. Accepted forms of payment include funds, credit card, cashier's check, or funds order. Somebody who is a licensed driver and at least 18 years of age is eligible to bid at government automobile auctions. Registration to participate in any Government Vehicle Auctions is free.
On October 26, 2005 in Del Rio, New york a government seized 2000 Mitsubishi Galant was sold at a Government auto auction for $900. A 2001 Ford E-350 van was sold at a government auto auction for $1,800 on October 8, 2005 in Laredo, TX. A bidder at a government auto auction in Nogales, New york picked up a 2005 Chevy Astro with less than 21,000 miles for $4,000 on November 10, 2005.
The U.S. Government General Services Administration will auction about 35,000 surplus cars and trucks this coming year. GSA Fleet auctions surplus cars, trucks and other vehicles with low mileage and one earlier owner. The public can acquire well maintained Federal government vehicles at significant savings. These vehicles have been well maintained. Vehicles are carefully detailed before auction and come loaded with most options consumers usually prefer.
The U.S. Marshals Service offers cars and other vehicles for auction to the public which have been seized by federal law enforcement agencies. Over 14,000 items of seized cars and property are sold yearly with gross sales of $200 million. Revenues are used for law enforcement activities and for restitution to victims of fraud.
Government auto auctions are different from traditional used automobile sales. In the event you understand how to bid to buy, you could drive away with a steal of a deal.
by: D Haynes
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