Federal government auctions. Federal government car sales were once handled by the agency that had the vehicles to auction. For example, the DEA auctioned off both fleet vehicles and cars that were been seized from drug dealers and other criminals. Fleet vehicles are the cars that DEA agents drive as company vehicles. There are numerous agencies that auction vehicles. Recently these vehicles and auctions have been consolidated under a single website. GovSales consolidates numerous government auctions under one roof. It is easy to search by product type as well as type of vehicle. It shows what state the vehicle is located in as well as any available information. Photos are sometimes available, but not always. It often provides links to other sites that have additional information
Silent auction is a variant of the English auction in which bids are written on a sheet of paper. At the predetermined end of the auction, the highest listed bidder wins the item.[43] This auction is often used in charity events, with many items auctioned simultaneously and "closed" at a common finish time.[43][44] The auction is "silent" in that there is no auctioneer selling individual items,[43] the bidders writing their bids on a bidding sheet often left on a table near the item.[45] At charity auctions, bid sheets usually have a fixed starting amount, predetermined bid increments, and a "guaranteed bid" amount which works the same as a "buy now" amount. Other variations of this type of auction may include sealed bids.[43] The highest bidder pays the price he or she submitted.[43]
Banks base all short-term interest rates on the Fed funds rate. A low prime rate helps companies expand and create jobs. Low mortgage rates help people afford more expensive homes. The Fed wanted QE to revive the housing market. Low interest rates also reduce returns on bonds. That turns investors toward stocks and other higher-yielding investments. For all these reasons, low interest rates help boost economic growth.
English auction, also known as an open ascending price auction. This type of auction is arguably the most common form of auction in use today.[1] Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid.[2] An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed.[2] In some cases a maximum bid might be left with the auctioneer, who may bid on behalf of the bidder according to the bidder's instructions.[2] The auction ends when no participant is willing to bid further, at which point the highest bidder pays their bid.[2] Alternatively, if the seller has set a minimum sale price in advance (the 'reserve' price) and the final bid does not reach that price the item remains unsold.[2] Sometimes the auctioneer sets a minimum amount by which the next bid must exceed the current highest bid.[2] The most significant distinguishing factor of this auction type is that the current highest bid is always available to potential bidders.[2] The English auction is commonly used for selling goods, most prominently antiques and artwork,[2] but also secondhand goods and real estate.
At the close of an auction, Treasury accepts all noncompetitive bids that comply with the auction rules, and then accepts competitive bids in ascending order in terms of their rates, yields, or discount margins (lowest to highest) until the quantity of accepted bids reaches the offering amount. All bidders, noncompetitive and competitive, will receive the same rate, yield, or spread as the highest accepted bid.
Do your research. Check Kelly Blue Book for the proper price for the vehicle, including its mileage and apparent condition. Always downgrade the condition by one ranking for government auctions. Also, do some smart used-car research, such as checking Consumer Reports for reliability and the frequencies of particular repairs, and checking our road test information if it's a recent model vehicle.

Pursuant to the Dallas City Charter, all items that exceed $20,000 threshold requires the City of Dallas, City Council approval and will require the bidder to have a hold place on the item(s) purchased for approximately 6 to 8 weeks prior to delivery (Pending city councils approval). In addition, the City of Dallas reserves the right to reject any and all bids.
LIVE AUCTION! VINTAGE MOTORCYCLES, CARS! OVER 20 CLASSIC VEHICLES SELL REGARDLESS OF PRICE! HARLEY DAVIDSON, BSA, MOTO GUZZI, CUSHMAN, CUSTOM CHOPPERS, FORD THUNDERBIRD, CHEVY CORVETTE, CROSLEY, CHEVY TRUCK, FORD BRONCO ONLINE BIDDING IS NOW OPEN! OR BID LIVE IN-PERSON AT OUR PHOENIX WAREHOUSE! SATURDAY MARCH 23RD AUCTION PREVIEW 9:00 AM AUCTION START 10:00 AM ONLINE   [ View Full Listing ]
We are a premier full-service private auction company liquidating property seized by police and federal agencies, property from abandoned safe deposit boxes, seized bank assets, bankruptcies, financial institutions, business inventory liquidations, and other consignors. Our firm conducts traditional live auctions throughout the year at various locations across the country, as well as auctions on the Internet. Please see our schedule of upcoming auctions for further details.
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.
Bids can be made online for Internet auctions, or in person for live auctions. Accepted forms of payment typically are major credit cards and checks, and payment is due at the time of the close of the auction. Details may vary among auction houses and the state the auction is held in. As with all auctions, the vehicle is sold to the highest bidder.
Municipal Vehicle and Equipment Auction ends March 24th 2019 - online only auctionVehicles located at 835 Route 100 Bechtelsville, PA 19505Inspection and Previews - Saturday March 9th and March 23rd 9am-4pm View the catalog and bid online at geyerauctions.hibid.com 1982 American LaFrance Fire Truck - Turbocharged V8 Detriot Diesel  with 13,000original miles Allison Automatic, Garage Kept   [ View Full Listing ]
We created a solution for law enforcement agencies nationwide. We pick-up all those seized, stolen, abandoned and surplus goods out of their Property Room, open up their public auctions nationwide and send back proceeds to the local communities. That’s also where we got our name – the Property & Evidence Room is where all these goods are stored at your local law enforcement agencies. We just shortened it to just PropertyRoom.com.
Many financial assets, especially government bonds, are issued by an auction mechanism. An important feature of the design is the auction pricing mechanism: Uniform vs. Discriminatory. Theoretical papers do not provide a definite answer regarding the preference of one mechanism over the other. Experimental papers investigated the issue under an exogenous equal number of bidders. We investigate ... [Show full abstract]View full-text
Dutch auction also known as an open descending price auction.[1] In the traditional Dutch auction the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met.[2] If the first bidder does not purchase the entire lot, the auctioneer continues lowering the price until all of the items have been bid for or the reserve price is reached. Items are allocated based on bid order; the highest bidder selects their item(s) first followed by the second highest bidder, etc. In a modification, all of the winning participants pay only the last announced price for the items that they bid on.[1] The Dutch auction is named for its best known example, the Dutch tulip auctions. ("Dutch auction" is also sometimes used to describe online auctions where several identical goods are sold simultaneously to an equal number of high bidders.[19]) In addition to cut flower sales in the Netherlands, Dutch auctions have also been used for perishable commodities such as fish and tobacco.[2] The Dutch auction is not widely used, except in market orders in stock or currency exchanges, which are functionally identical.[1]

Many financial assets, especially government bonds, are issued by an auction mechanism.An important feature of the design is the auction pricing mechanism: Uniform vs.Discriminatory. Theoretical papers do not provide a definite answer regarding thepreference of one mechanism over the other. Experimental papers investigated the issueunder an exogenous equal number of bidders. We investigate the ... [Show full abstract]View full-text
Vickrey auction, also known as a sealed-bid second-price auction.[24] This is identical to the sealed first-price auction except that the winning bidder pays the second-highest bid rather than his or her own.[25] Vickrey auctions are extremely important in auction theory, and commonly used in automated contexts such as real-time bidding for online advertising, but rarely in non-automated contexts.[2]
Pursuant to the Dallas City Charter, all items that exceed $20,000 threshold requires the City of Dallas, City Council approval and will require the bidder to have a hold place on the item(s) purchased for approximately 6 to 8 weeks prior to delivery (Pending city councils approval). In addition, the City of Dallas reserves the right to reject any and all bids.

LIVE AUCTION! VINTAGE MOTORCYCLES, CARS! OVER 20 CLASSIC VEHICLES SELL REGARDLESS OF PRICE! HARLEY DAVIDSON, BSA, MOTO GUZZI, CUSHMAN, CUSTOM CHOPPERS, FORD THUNDERBIRD, CHEVY CORVETTE, CROSLEY, CHEVY TRUCK, FORD BRONCO ONLINE BIDDING IS NOW OPEN! OR BID LIVE IN-PERSON AT OUR PHOENIX WAREHOUSE! SATURDAY MARCH 23RD AUCTION PREVIEW 9:00 AM AUCTION START 10:00 AM ONLINE   [ View Full Listing ]


PLEASE READ THESE TERMS OF SALE CAREFULLY, AS THEY HAVE BEEN RECENTLY UPDATED.  THIS IS AN INTERNET-ONLY AUCTION!  AUCTION CLOSING DATE: Friday, March 22nd 11:07 am.  Bidding closes on the first item at 11:07 am, then closes at the rate discussed in these Terms and Conditions of Sale.  INSPECT: Thursday, March 21st 2pm to 7pm    [ View Full Listing ]
Each type of auction has its specific qualities such as pricing accuracy and time required for preparing and conducting the auction. The number of simultaneous bidders is of critical importance. Open bidding during an extended period of time with many bidders will result in a final bid that is very close to the true market value. Where there are few bidders and each bidder is allowed only one bid, time is saved, but the winning bid may not reflect the true market value with any degree of accuracy. Of special interest and importance during the actual auction is the time elapsed from the moment that the first bid is revealed to the moment that the final (winning) bid has become a binding agreement.
Local police auctions. If you are interested in local police impound car auctions the best way to find information is to call your local police department. They can provide with the dates and details. Under no circumstances should you call 911 for this information. Look in the local blue pages for the non-emergency number. They are also required to run ads in the local newspaper about 90 days prior to the auction. These are often low key ads in the classified section, so finding them may require some searching. Some police departments put auction information online, so you can also search the Internet
If for any reason, Auctioneer is unable to make available or deliver any purchase or clear title to the same, or documentation required in respect of any purchase, whether before or after delivery, Auctioneer’s sole liability shall be the return of monies paid in respect of such purchase upon its return by purchaser. Any such purchase shall be returned or surrendered upon demand by Auctioneer.
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