If you have never participated in a free
government auction then you are missing out on a lot of really good
deals on seized and surplus properties. These auctions are free to the
general public and only require that you are at least 18 years old and
have a valid driver's license. There is no cost to participate in these
auctions; that is until you make a winning bid.
There are two types of government auctions; the seized property auction
and the government surplus property auction. The types of items up for
auction at these two types are different because of where they come
from but you will find great deals at either type. You will also find
auctions that combine a mixture of the two making for a better cross
section of stuff to choose from.
A surplus auction is basically an auction of the stuff that federal,
state, and local governmental agencies no longer want or need. These
aren't really high end items like you might find at a seizure or repo
auction but it is in good shape and can be had for pennies on the
dollar. You will find cars, trucks, boats, office supplies and
furniture, computers, and in some instances even aircraft.
For top of the line items you can't beat a seized properties auction.
Those who walk on the wrong side of the law and get caught often find
their personal property seized by law enforcement agencies. After these
items are used in the prosecution of those who committed these crimes
they are put up for auction to the general pubic. You will find sports
cars, luxury sedans, high end SUVs, jewelry, real estate, electronics
and a whole lot of other items for big discounts.
There is no profit motive for these government auctions. They simply
want to recoup the costs of storing and processing the goods that end
up on the auction block. This is why the starting bids are so low which
can lead to great buys at hugely discounted prices.
You can also participate in the auctions online, which can make to
whole experience that much more fun. The large online auctions sites
keep constantly updated databases of auction locations and the items
that are to be auctioned off. You can research everything to be
auctioned off and decide which items you would like to bid on right
from your computer. Once the auction starts you can bid online while
keeping track of the proceedings.
You can also use the online portals to find auctions near you that you
can attend in person. No matter your choice, bidding online or
attending in person, you stand to save big when participating in free
government auctions.
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