Return to ads
All categories
Government Auctions

Government Auctions

Posted by
Posting ads for 48 years
NEW YORK - Federal, state, and local governments need the cash; consumers want a bargain.

And almost everything at a government auction is on sale.Looking for a deal on a car? Would you buy a used one from this man above? He's the governor of New Jersey, Democrat�Jon Corzine."The average price is about $1,200," Corzine said.

"...$1,500, $2,000 -� a lot of these cars are really more valuable than that so people are taking the opportunity to save money in a tough environment."New Jersey is just one of many states�holding government "garage sales" to make money at a time when they desperately need it.

Federal and local governments are in on the game too.

Almost everything is on the block.There are watches, lear jets, salt-spreader trucks.

Some items are�seized,�some are surplus and all are for sale."You can get a container of soccer balls," said Ian Aronovich,�president and CEO�of�GovernmentAuctions.org.

"You can get a disassembled mig jet, you can get a boat, you can get a car."Government auctions aren't new, but in a recession they are more popular."We get good cars here," said one recent auction goer.

"They're dirty, [but] they just need to be cleaned."One drawback: you buy "as is." No test drives.Tenshia and Dyamond Ruffin are shopping for "his" first car.

"There's one in the back,"�Ruffin said.

"It's a Dodge, I believe.�I like the color...."Tenshia jumps in: "Are you kidding me for a first time car owner?� He'll take anything on the lot."If you can get it.

Bidding can be fierce."There's been a couple of incidents where there's been an actual fist fight where two customers were arguing over a car and�I personally had to break that up," said Jacob Olearchik, operator of a New Jersey distribution lot.This New Jersey car auction raked in more than $163,000, bringing�the state so far this year more than $2 million in auction sales.Sometimes, the property comes with a bonus or two: "I have bought a car with stuff in the trunk," said the auction goer above.

"I had bought a car with a bullet�inside, with a fax machine inside...."��In short, with government auctions you very well can get a little more than you bargained for.



http://www.katu.com/news/national/51327902.html
Reply to this ad
Recently viewed ads
Saved ads
Please log in to browse your saved adverts or sign up if you don't have an account yet.
Popular Stuff