In every state there are vehicle, personal property, real estate and land auctions (up to 20 auctions per month) being held on behalf of hundreds of agenices and municipalities. With live onsite and live online bidding starting as low as $1.00 (with no reserve prices) these auctions are truly a bargain hunter's dream - the ultimate way to buy cars, trucks, SUVs, motorcycles, watercraft, ATVs, computers, jewelry, real estate, tools, government surplus equipment and many other types of personal property for up to 75% off market value.
Everyday, for various reasons such as crime, unpaid taxes and loan defaults, vehicles and personal property are seized by lenders, government agencies (IRS, DEA, FBI) and police departments. By law, these big-ticket items are required to be sold back to the general public at local and online auctions. Government surplus auctions are also held to liquidate thousands of city, county and state vehicles and other assets every year.
If you're a bargain hunter, don't miss another opportunity. Join the free mailing list to access current and upcoming auctions being held by police stations, impound lots, tow yards, government agencies and financial institutions.
With a distressed economy and a population of over 250 million, the United States is truly a "mecca" for seized, repossessed and government surplus property, including:
Police Impounds
These are vehicles that are towed and impounded, unclaimed by their legal owners, and then sold from $1.00+ to the highest bidder to cover liens in accordance to state civil codes.
Bank Repossessions
When people miss too many car payments their vehicles can be repossessed and auctioned off to cover the loan defaults. Incredible deals can be found because these vehicles are generally just 1-5 years old.
Government Surplus
These are generally well-maintained fleet and service vehicles being retired and auctioned off by local, federal and state agencies. Sales are often held by private auctioneers contracted by the government.
Personal Property
Many police and government auctions also include personal property such as jewelry, bikes, computers, office equipment, power tools, electronics, sporting goods, designer clothes, a huge variety of surplus assets or unclaimed personal property recovered by law enforcement agencies.