government e auctions

How GSA Auctions Work

Buy at GSA auctions - surplus property at government auctions

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How GSA Auctions Work

 

How GSA auctions Work

The General Services Administration wants you to find our vehicle auctions a rewarding and enjoyable experience. Whether you are a seasoned auction buyer or a first-time attendee, familiarity with how GSA conducts its auctions can enhance the success of your vehicle bids.

Before You Start


Register
GSA conducts its public vehicle auctions through registered auction lots across the United States. To participate, please register and obtain your bidder number at the auction house prior to the sale. There is no registration fee (further details).

Inspect Your Vehicles
Familiarize yourself with all the vehicles you are seeking. GSA highly recommends that buyers check out their prospective vehicles, either prior to the start of the auction or at the auction house's Inspection Day (if one is scheduled). With several hundred vehicles slated for sale, you should allow at least one or two hours to inspect your selections. Also, be prepared to bid on several alternatives in case your first choice is bought by someone else.

You are invited to check over your intended purchases both inside and out, as well as to start up and rev its engine. However, the vehicles may NOT be driven from their space.

Review the Auction Catalog
The auction house will distribute a catalog of available GSA vehicles on the day of the Auction and preceding Inspection Day (if scheduled). The auction catalog lists each vehicle in the order it will be offered with its make, model, year, color, VIN, mileage, installed equipment and special features. Note that an inventory list will usually be available on-line beforehand. Check Vehicle Search or Calendar for details on individual auctions.

Calculate Your Target Price
GSA targets realizing 100% of fair market (wholesale) value for each vehicle sold. You may want to calculate the anticipated price for your vehicle through the use of readily available pricing guides such as NADA or Kelly Blue Book Used Car Guides.

Attend the Mock Auction
The auction house may conduct a brief mock auction just prior to the actual sale. If you are new to used vehicle auctions, attend this mock auction to familiarize yourself with the process.

Direct Access to the Most Complete Information

Some of the more common auction items include:

used autosmarine vehiclesjet skisaircraftshomesreal estatecommercial propertyfarm equipmentindustrialbusinesselectronicscomputersantiquesartcoinsstampsappliancesgunstravelcollectiblesclothingcraftsboatsbikesmotorcyclesmobile homesjewelrytoyscarstrucksmopedsbicyclescamerastelevisionsclocksfurnitureunclaimed propertyabandoned propertypersonal propertyoffice furniturecondominiumstown homescommercial propertyvacant landsingle family homesmachinerytoolshardwarebuilding supplies

and much, much more...

 

 

 

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