Tag Archives: police auctions

Police Auctions: Some Things You Need To Know

Police AuctionsPolice departments all across the United States regularly hold auctions where they sell off all types of assets that they’ve collected through forfeiture, abandonment, and other methods. Some of the most common types of assets include household items, jewelry, collectibles, bikes, cars, and trucks. These auctions are open to the public, and can be a source of great deals if you’re willing to put in the time to do a bit of research.

How are police auctions conducted?

These days most police assets are auctioned off online. For most listings you can see detailed pictures of the item, the current bid, and the number of bidders. Some people are worried that items at online auctions might not be as described. Luckily, many online auctions allow you to preview certain items like cars during specified times before bidding. For other items you will have to carefully read the description, and decide if the risk of not knowing exactly what you are getting is worth it for you.

Why is it possible to get good deals at police auctions?

What makes police auctions risky also makes them lucrative. For example, some of the abandoned cars at these auctions might be in poor condition, and won’t attract a lot of attention from buyers. However, if you know what you’re doing, you might be able to sell the individual parts for a profit.

Why do some police auctions have buyer’s premiums?

Usually police departments enlist the services of a private auction company to auction off its property. They do this, because professional auctioneers have expertise in researching, listing, and marketing items. In order to compensate the auctioneer for their services, the buyer will have to pay a 10%-15% buyer’s premium. This amount will be added on to the final price. So if the final price is $1,000 and the premium is 10%, the buyer will end up paying $1,100 total.

How do I find out about police auctions in my area?

One way to find out about police auctions in your area is to contact the local police headquarters in your area and ask them. You can also see police auction items from all over the United States at GovernmentAuctions.org.

2010 Dodge Charger: Missing Parts But Not Personality

Dodge Charger 2010This next auction is for a white 2010 Dodge Charger sedan with just 59,784 miles on the odometer. By the looks of it, this charger appears to be a former police cruiser. It’s missing the back seat and the rear door panels have been removed. This is common with police cars, because there are certain modifications that need to be made so that the bad guys don’t get away. If you’re willing to overlook this, you might be able to get an awesome deal on this otherwise gorgeous car. The Charger was built with performance and handling in mind, but also spacious enough to be a great family car, too. It’s equipped with a powerful V8 engine capable f delivering 368 horsepower. The description doesn’t provide any details about inside features, but it’s safe to assume that it comes with the standard trim. Individuals interested in bidding for this vehicle will be able to inspect it and ask for additional details. The are currently five bidders for this auction, with the highest one offering just $1,020.  This online auction will be ending in exactly 5 days 22 hours and 41 minutes so if you’d like to find out more about it then all you have to do is activate your free trial account right now!

1963 Chevrolet Impala: They Don’t Make Them Like They Used To

impalaWhen it comes to American cars, they certainly don’t make them like they used to. Take this next auction for example. It’s for a classic 1963 Chevrolet Impala sedan. This hardtop ride comes in black and features an 8 cylinder engine, air conditioner, power steering, air adjustable suspension, chrome wheels, and 10,101 original miles. The vehicle has normal wear and tear to both the inside and out. The only known issue with this vehicle is a dead battery and some minor transmission leakage. The current asking price for this classic ride is just $7,400 with 20 online bids already placed. This auction will be ending in precisely 4 days, 6 hours, 34 minutes so if you’d like to learn more and how to preview it in person then all you have to do is click here right now to activate your 3 day free trial account.