Buy at Federal Auto Auctions and save
Government on a federal level has a variety of departments, councils and agencies. The property and asset holdings of these agancies are different from one to the other. Quite often you will find that federal departments dispose of their assets in the form of public auctions. You’ll find BIG car bargains here. The General Services Administration is normally a good starting point if you’re looking for federal auctions.
The GSA is a standalone department that renders various services to federal workers and departments. They are also responsible for managing the fleet of federal owned vehicles. This is just shy of three hundred thousand different cars according to the latest report.
The agency have recently been subject of renewed demands to change it’s fleet of cars to greener 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. This is not a static schedule, and the department reserves the right to announce changes in dates. More often than not there are more than a few auction in one day – this creates opportunity for bidders at a number of events (easy to take advantage of if some of them are held online)!
Many auctions are only open to professional car dealers and not the public. These federal auctions are designed so that, as long as you can provide a valid proof of identity, you will be allowed to participate.
Bidding on these vehicles can become very competitive and participants should be cautious of the risks of overpaying. 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. a Systematic, through approach should include a good inspection of the vehicles being auctioned by the General Services Administration. Normally a few weeks or days prior to the auction day, they will let potential particpants inspect the cars. This way you’ll be able to have a good idea on the condition of the goods that are up for sale.
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”.
