Government
Seized Car Auctions
To really get a good grasp on how to find great
government seized car auctions, you need to start by
looking at all the relevant entities. Here we will have a
closer look at these.
Truthfully speaking the discounts that you
can get at these auctions will sometimes let your jaw drop.
So how is this possible? Some of these are what we refer to
in the industry as ‘Absolute Auctions’. ALWAYS make sure you
attend these as they have no reserve or minimum price. In
other words, if there’s not allot of bidding competition you
can pick up a great car for as little as
$100!
You can find some very large membership
sites that pretty much lists every government seized
car auction around the country. Click below to access
these.
Click here
to access live seized car
auctions
Here's a list of some departments that
conduct auctions.
U.S. Customs Service
The USCS is responsible to enforce
legislation regarding levying duty and taxes on
property coming from other parts of the world &
impose rules regarding allowable property. As you can
imagine, not every bit of property at the US border actually
makes its way into the country. In fact a large amount
doesn’t. What you will find is big Customs Warehouses with
inadmissible and abandoned cars that will be sold at
auctions.
Without getting too technical on Import
Tax laws, here are a few reasons why these vehicles end up
in government warehouses:
1. The cars may exceed the
maximum quantity allowed per person at any
time.
2. The cars are just
plainly abandoned. Perhaps the individual or
company
importing
the property wasn’t aware that
tax had to be paid, or didn’t have the
cash to pay
3. A range of other
miscellaneous reasons.
You can think for yourself that all of
these things amount to quite a hefty inventory list of
goods. It’s not uncommon therefore to find cars of all
sorts, makes and models at these car
auctions.
a Helpful Hint
A tip to be in the lookout for: Sometimes
these items have to be shipped out of the US after a certain
period of time, e.g. 30, 60 or 90 days. This has got to do
with the fact that the property never had the right to be on
US soil in the first place. This will normally be
indicated in the auction catalogue, but ask if you are
not sure. Unless you have a place outside the US, you will
have all sorts of problems as you won’t be able to keep the
items purchased.
Where do they occur?
These auctions tend to occur in the Border
States such as California, Arizona, Texas as well as Florida
and New Jersey. Regardless of where you are situated, they
are worthwhile following as they only occur roughly once a
month.
So who else seizes, confiscates and
takes away?
Another great place to look for government
seized car auctions are the U.S. Marshall
Service.
They are effectively the agency that
manages the disposal of the property seized by quite a
few federal government agencies. This is goods and
property normally related to criminal
activities.
The goods become the property of the
department of justice and the U.S. Marshall Office is the
group that are responsible for auctioning it
off.
The agencies involved are the FBI,
DEA as well as the Immigration and Naturalization
Service.
How do US Marshall
office operate?
The U.S. Marshall office often makes use
of outside vendors to conduct the auctions, but it depends
entirely on the different districts.
The frequency is also a factor that
depends on the district, the amount of cars for sale, etc.
What you will also tend to find is that in the same
districts there may be different contracted auctioneers
involved with different asset types, e.g. Motor Vehicles,
Personal Property, Boats, etc.
The first part of this article will be
continued under seized car
auctions.
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Looking for cheap seized
cars?
If you
answered
yes, I
strongly recommend you look at
gov-auctions.
They regularly
update their database with the latest auction
events with guaranteed listing in all states.
You won’t find cheaper auction cars anywhere
else.
Click here to check it out
now!
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