Posts Tagged ‘federal auctions’
Buy at Federal Auto Auctions and save
Federal government is known for its extensive reach in bureaucracy and myriad of departmental levels. The property and asset holdings of these agancies are different from one to the other. These agencies manage the disposal of their assets on an ongoing basis – often by way of public auctions. Cheap cars are commonplace at these events. If you’re searching for federal auto auctions, the best place to start is with the General Services Administration.
This is an ‘add-on’ agency that provides a number of services to the federal workforce. Their remit also includes managing the gigantic fleet of vehicles owned by the federal government. We are talking in excess of 240,000 vehicles.
Pressure has recently been applied on the agency to modernise its fleet to more environmentally friendly vehicles. This will therefore result in more federal auto auctions in the near future as older models are sold and replaced.
At present federal auto auctions take place often and in each and every State. The schedule often changes according to the department’s requirements. Often there are more than just one auction taking place across the country on any given day – keen bidders love this!
Time and again with many auctions, the public in general may not particpate. Provided that you have adequate identity proof you’ll be allowed as individual to participate in the auction.
Competitive bidding often causes participants to massively overpay, so this is something one needs to be aware of. As always, it’s best to do thorough research before the day of the auction. This way you will know what a reasonable price will be for a particular make and model, and won’t risk overpaying. To do a good job of this, you need to take advantage of the allowance which the General Services Administration gives relating to viewings before the auction. The GSA tends to allow bidders a chance to have a thorough look at the goods up for auction a few days before the day. With this you can easily determine if the goods to be auctioned are worth it or not.
As opposed to what some may say, federal auto auctions still have great deals for car bargain hunters. Do good research and know what to expect and you’ll be, as they say on Wall Street, “IN THE MONEY”.