Government Auctions

Government auctions are held to dipsose of vehicles and surplus/obsolete equipment.

Government auctions are also held for such things as certain licences ie. spectrum licences for the telecommunication market.
Surplus land and buildings are also auctioned .
Government items are generally well maintained under strict maintance schedules although care should still be taken as they may not recieve the t.l.c that an owner/operator would give.
Government auctions are generally conducted by a third party private auction house and can be onsite at government branch or at the auction centre.

Government auctions are where items that various government agencies have seized are sold, often at excellent prices. Other government auctions include surplus and disposal items. With a little knowledge, you can save some money with government auctions. Here is some basic information and tips to help you make the most of government auctions.

What items are for sale at government auctions?
Usually, big ticket items, such as vehicles, houses, land, boats, airplanes, computers, etc.

Where have the items come from?
Usually, the items have been seized by a government agency, surplus to needs, department closure or update.

How are items sold?
Depending on the auction, items may be sold at an internet auction, at a fixed price, or at a conventional auction.

Tips for buying at government auctions
Look carefully at items you wish to bid on or purchase. Items are almost always sold as is, meaning that if it does not work as you expected it to, or other problem, arise, you cannot return the item.

If there is a preview for the auction you plan to attend, take advantage of it. In some cases, the items will not be available for review during the auction, so it is advisable to attend the auction preview to look at items you are interested in.

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