(RepublicanDaily.org) – Did you buy something at the auction? You may have found yourself interested in local sales and auctions that are convenient and affordable. But did you know that you can also find valuable items at a government auction?
Many government agencies host online auctions or sell their various properties to the public. These auctions could give all citizens, especially American workers, the opportunity to find the things they needed but could not typically afford to purchase. Read on to learn more about government auctions, and see how you can afford to buy expensive items for cheap.
What Does the Government Sell?
A public auction may include the following items:
- Industrial equipment
- Laboratory equipment
- Airplanes
- Antiques and collectibles
- Art
- Boats
- Furniture
- Jewelry
- Real estate
- Vehicles
These are some of the reasons why the Government may be selling these items:
- Items or property that have been seized from criminals
- Items have been seized for violations of treasury laws
- They sell items they no longer need
Government Agencies that Conduct Auctions
While there are many options for government auctions, here are the three leading organizations that sell auctions in the United States and its borders.
1. U.S Marshals Service Auctions
The U.S. Marshals auction off assets seized through criminal action through the Department of Justice’s Forfeiture Program. Available items can include:
- Commercial businesses
- Jewelry
- Real estate
- Antiques and collectibles
- Art
- Airplanes
- Boats
Although the government owns the items, third-party companies typically manage online and live sales for them. Therefore, reviewing the agent’s website and visiting the information is essential.
2. U.S Treasury Auctions
Over the years, the US Treasury Department sold goods from those who violated tax laws, including tax evasion, and hosted more than 300 auctions in the United States and Puerto Rico. Among other things, you can find the following items:
- Jewelry
- Boats
- New and used vehicles
- Industrial equipment
- Real estate
The agency conducts its auctions in the following ways:
Live Auction and Mail-in Bidding: Items sold by the IRS are sold by mail order or auction.
Online Auctions: You can visit the treasury website to see a list of properties and other products available.
3. General Services Administration (GSA) Auctions
GSA has auctioned off unneeded equipment and other items from all over the country. If you are interested in learning more, you can view the current auctions on their website. Here is a list of what you can find on their website:
- Airplanes
- Industrial equipment
- Science equipment
- Mobile homes
- Furniture
- Construction equipment
- Boats
- Property
The entire auction is online, but you can visit the website and review each item first. You always want to check the payment method accepted for purchasing the item. Depending on the item, they can only accept payment in ways such as credit cards.
The agency also conducts annual online and physical auctions of thousands of government vehicles. This includes trucks, vans, cars, and other fuel vehicles. Cars with low miles, ready to drive, in good condition and can be bought at great prices.
Live Auctions: Visit the GSA Vehicle Auction website and enter your zip code to find a suitable auction location near you. Alternatively, you can search the auction calendar for more information on upcoming auctions.
Online Auctions: Search for a vehicle on the GSA Auto Auction site by entering the model, fuel type, mileage and placing a bid. You can see the car in the shop for the first time when the process is online.
You can find many opportunities for cheap things from the list above through public auctions, which is difficult in other stores and showrooms. Check out the services above and purchase your valuables today.
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