An overview on City Public Auctions
No matter what government department or agency, you will always be able to locate auctions near you. City Public auto auctions is a great source for finding vehicles that are great value for money, and at the same time not competing with too many bidders. It should be a vital part of a larger auction strategy to find that quality auto.
Due to the fact that Cities are smaller government entities when compared to States and Federal governments, they tend to hold auctions less frequently. This has its upsides. Auction announcements and the actual event takes place with way less bureaucracy. It’s difficult to say how often these city car auctions are held, but on average not more than 6 times a year.
Slowly, but surely, across the country cities have started to use online portals to conduct these auctions. Evidently this makes for a more straightforward process. The majority of cities still believe that they don’t need to fix what’s not broken and therefore still stick to live events.
It’s highly unlikely that the city auto auction event will be restricted to only a small amount of eligible participants. To be eligibile you need to provide proof of identity and be at least 18 years old – even 21 years in some states. It’s considered a rare event when the city administration only allow registered dealers to participate and keep private bidders at bay.
In line with their goal of making these events as accessible as possible to all, the entry fee for bidding will also be fairly low. This can start with a ‘no entry fee’ policy to upwards of $30. Each City sets its own fee and will be different from for example, San Antonia to San Diego and Phoenix.
Compared to federal levels auctions, city car auctions usually has a much more homely feel to them. City departments have two options – outsource the auction to a private auction house or take care of the disposal themself. You need to follow the same guidelines. I refer to it as the fullproof guide to huge auction savings, and on the whole involves doing good groundwork and having a good knowledge of the vehicle’s market value. Do not bid too much, keep a level head and you will be well on your way to save thousands.
Citizens Automobile Finance
