While the chances of you finding and successfully bidding on a luxury sports car, such as a Lamborghini, are slim, a seized-car auction offers you the opportunity to get a great deal on many other vehicle makes and models. By knowing what steps to take when going through the inspection and bidding process, you can greatly improve your chances of getting a great deal on a quality vehicle.
Capital Auto Auction hosts weekly live auctions at each of our four locations, as well as online. Whether you attend a live auto auction or an online auto auction, you'll find quality used vehicles listed at the kind of bargain prices that typically only dealers see. Our vehicles may be repossessions, dealer consignments, government vehicles or donations. In every case, they are auctioned openly to the public so it's easy for customers to find or sell the vehicles they need. What's more, it's not just individual cars that we work with, either; through a fleet auto auction, you have a way to quickly dispose of fleet vehicles you no longer need.
HM Customs & Excise often enter items for auction seized from smugglers, fraudsters and racketeers. Executors may enter the assets of individuals dying in testate (i.e. without leaving a will) or in debt. The official receiver handles the liquidations of companies that have failed. Bailiffs will enter goods into auctions which have been seized for various reasons such as non-payment of bills or failure to keep up payments to finance companies.
If you are unable to claim your property, you may designate another person to the claim the property for you. In this case, you must provide your agent with a notarized letter authorizing that person to claim your property for you. The agent must present the notarized letter and proper photo identification to the evidence personnel in order for the property to be released.
Law enforcement confiscates a large number of cars, mainly from people who committed traffic offenses and other driving related crimes like driving under influence (DUI). The first thing to do is to call the local police department and ask whether they have any impounded cars. Usually, many of these cars are located at towing yards. Prospective buyer should be aware that many of the cars here have not been maintained properly. Don't be surprised to see cars that have been stored there for many years. You may need to travel to many towing sites before you find a car that is suitable for your needs.
U.S. Marshal's Service Auctions : And finally, the U.S. Marshal's service auctions off some true bling as part of its mission to "combat major criminal activity by disrupting and dismantling illegal enterprises" and "depriving criminals of the proceeds of illegal activity." Once again, there is real estate, but also businesses, cash cars, collectibles — and more.
The Department of Facilities Management Property Services shall be responsible for administering the disposition of all surplus property for the Boulder campus. For purposes of this policy, surplus property includes all equipment, furniture and other property that is not built into or permanently fastened to the walls, ceilings or floors of a building.