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Police auctions have been portrayed in movies and documentaries as places to get decent goods at cut-rate prices. Usually the scene depicts flashy cars being hauled out in some empty lot. While there is a kernel of truth in this, there is a lot of misinformation about these events online and passed around by word of mouth.
At their core, police auctions put confiscated items up for sale to the public at large. These sales help police departments make some money to supplement their funds. Many items are the result of drug busts, but they also come from other criminal activities. However, the events usually only take place a few times a year.
Automobiles of all descriptions are the biggest draws at most auctions. But, depending on when you go, you could really see just about anything from home furnishings to electronic devices. It is important to keep in mind that the majority of these objects have been used, so you need to have a good idea of the product you are looking at. Bid on what you know and keep in mind that it may need some fixing up.
The Internet can be a good source of information about these events. Forums full of enthusiasts host conversations about dates, locations and possible items available. Of course, don't just assume that the information is correct. Get to know the sites before you put your faith in them. If in doubt, you can always get in touch with the department directly. They will know best what is happening.
Once you arrive at the location, remember that there is no such thing as a free lunch. While there are some deals to be had, others know about them, too. This means that most items eventually do get bid up to somewhere around their actual market price. Old hands know what to expect, and you can expect to see them there.
Anyone who has been to an auction or even just bid on something online can tell you that things can get out of hand. In the heat of the moment, it is easy to keep bidding even when you are in deeper than you had originally envisioned. Give yourself a budget ahead of time and stick with it to avoid problems later.
Finally, remember that you can look beyond the local police department. Law enforcement agencies are tiered according to local, state and national government, and each one may put on its own event. Some specialized agencies, such as the DEA, put on auctions as well. It pays to really look at all the events in your general region.
Current trends aside, looking for deals has always excited people. The thrill of the hunt has inspired reality TV shows, which have only increased public interest. Always double check the information you get online and set reasonable limits for yourself and you might just save a little money at police auctions and have some fun.
When you are looking for cheap cars, government car auctions can be a good place to search for it. You can save hundreds or thousands of dollars by bidding on a car at government auctions; find one closest to you by visiting our site.
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