Return to ads
All categories
Government Auctions

Government Auctions

Posted by
Posting ads for 49 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�

"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.
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