These auctions most much sell cars, though bicycles and other goods as well occasionally are sold. There is a lurking for crack deals, however you must stopwatch carefully, engage in as all the more probation as you can, and take some risk.
Instructions
Police auctions
are dicy, however can be ecocnomic.Police confiscate a abundant deal of Belongings when they arrest criminals. While the police conclude compose efforts to send stolen Belongings to its rightful owner, it is not always doable. To avoid filling their storage spaces to influence, many police departments phase auctions where they sell off confiscated goods and their own surplus Accoutrement.
1. Ticker the district newspapers for auction announcements. Whether there is another than one resident paper, accumulate an eye on all of them. Police auctions are not always widely advertised. Many departments grip their auctions on a consistent plan. Provided this is the action, you'll apperceive when to digital watch for an Report (Reference 1). Finding auctions that are lesser confessed is an accomplished bag to receive a fine deal.
2. Ring the local police department office to find out details about the auction. They should be able to supply a time, location, and the hours for the inspection period That period when enables you to view the items being auctioned.
3. Buy a used-car guidebook if you're looking for a vehicle from the police auction. This will give you a rough idea of the fair price for a given make and model. Some auctions will publish a list of available items in advance. If they do, you may be able to receive a vehicle identification number. With this, you can look up the car's Carfax record. This will tell you the car's ownership and accident history. These searches can be done online. (See Resources)
4. Arrive at the auction early. This gives you time to look over the goods thoroughly and search any vehicles VINs you may buy. Different police departments handle this differently. You may be allowed to examine or start up the cars. You will not be allowed to drive them. Always try to examine and test anything you want to buy as much as they will let you (reference 1). There is no protection for you if you buy something and it doesn't work.
5. Bring enough money to fund your purchase or a proof that you have access to a sufficient credit line. You also may need to pay registration and buyer's fees (Reference 1).
6. Sit though your first auction without buying anything. Observing how the auction works will give you hints as to how high bids go and when it is effective to make an offer (Reference 1).
7. Make bids on items that interest you. Bid low, especially if you haven't had a chance to closely inspect the items. If there isn't much interest, you may get an excellent deal. If the bidding is getting close to the market price for whatever you're bidding on, it isn't worth the risk.
