Government Auctions

If the promise of $ 100 in jeeps military retirement and $ 500 luxury cars seized from drug raids? You’ve probably seen the newspaper ads, brochures and infomercials, so popular in recent years as part of get-rich-quick schemes promising to show us how to buy luxury cars in a small fraction of their value actual sales by public auction.

The truth is that U.S. government agencies, monitoring of sales outlets we pay tax and they are determined, always close to market value for vehicles. So even if some vehicles on the auction block for cheap, this is not the norm.Never give your credit card information or social insurance number to a third party, rights “guide” by the process. It is likely that these so-called services are fraudulent. Fortunately, the number of such fraud, information on auctions of government is decreasing.

Three federal agencies resale of vehicles auctioned by the government’s official: the Treasury Department, U.S. Marshals Service and the General Services Administration. In most cases, private companies, auctions under contract.

TheTreasury department to confiscate vehicles sold in the offices under their control, as the IRS, the U.S. Secret Service and the Bureau of Alcohol, Tobacco, Firearms.The U.S. Marshals Service vehicles sold under warranty Department of Justice laws by the Drug Enforcement Administration, the Federal Bureau of Investigation, and Immigration and Naturalization Service.

Because of various public entities that delivery of vehicles for auction, there is no reason for vehicles will be brought to the attention of auction. Some vehicles were seized under the former owner of involvement in drug trafficking, smuggling or fraud, while other vehicles were simply abandoned. With the exception, rather than separate auction is sometimes very large crises.

The General Services Administration, sells vehicles used by federal civilian agencies, such as the U.S. Postal Service or the U.S. Forest Service.

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