Tips For Buyers – Self Storage Auctions

Are you planning to go for an auction at self storage for the first time? Well then there might be some questions running through out your mind. Here are some common questions that sprout on the minds of many new bidders who are going for an auction. And here are some tips.

Generally auction at a self storage units takes place when the tenant could not pay the rent. All the stuff of the tenant could be kept in an auction by the self storage organization after taking going through certain process. The information when the auction is going to be held where the auction takes place what are the contents that are going to be placed in the auction etc are generally advertised though websites.

* First thing you should do is to take a look on the contents. Actually the auction goers will not allow the bidders to step into the room where the contents are kept but they will allow you to take a view through door but you should not step in. You can take a view and plan according to that what will be a good bid for those contents.

* Check whether the contents which were named in the advertisement are present in the room which you have checked.

* In order to take part in bidding you should be minimum of 18 years or older. Otherwise you will be not allowed to bid.

* Auctioneers usually provide registration form, where you need to sign before participating in the auction. You need to provide your driving license or any government issued card as a proof to the auctioneer.

* Be prepared to buy all the items in the unit as auction goers allow you to buy the whole unit but buying only some things from the unit may not be possible.

* Bidding could be of two ways that is, it could be of live or silent so check in what manner they are going to auction that stuff.

* Bidders generally have to pay some cash deposit which is mandatory if the bidder after bidding fails to vacate the unit in time, the deposit will be seized.

* Cost for a bid is generally fixed, according to the space of the unit. If it is a big unit more will be the contents and bid cost will be more.

* If you win the bid you should pay the deposit and remaining amount only by cash. Cards and other means are not accepted.

* Bidders also should be prepared to take care of their own transportation as the unit auctioneers may not provide any such services.

* If you are looking for garage parts or if you are fond of collecting antique pieces then these self storage bidding is a very good opportunity.

* Once you own the unit after the auction, it is your responsibility to empty the unit and clean it.

Deals to Be Found at Police Auctions

If you have never worked for the police or a connected entity, it’s very unlikely that you will have learned about Police Auctions until now. Police auctions tend to be a way of the police disposing of any unclaimed, thieved and reclaimed possessions they find during an investigation. They can also be a sales avenue for ex-police force vehicles. You may have heard stories of bargainous offerings, cut-price ex-police cars and recovered gold – auctioned off at half their market value – but these are not merely tales. Have you ever fancied tracking down a ten year old BMW M3 for only £3k? What about a Specialized Mountain Bike for just £100? The best buys may seem improbable but we have seen them in action at these auctions with our very own eyes. Ranging from digital cameras to electronic goods, there are a tremendous range of products available at auction. Plus the vast majority of these products can be found for much less than the equivalent item selling on comparable auction establishments like eBay.

There are a few reasons why this auction segment has a tendency to deliver under-valued products regularly and the fact that they are not that well known by the public is definitely a contributing factor. For causes unknown police constabularies don’t appear to advertise the auction merchants they use to get shot of their goods and this can result in police auction days becoming poorly enrolled. A lack of buyers can mean minimal competitors for lots and, subsequently, cut-price items for the people with knowledge of these auction dates. These types of auctions can also be a bit of a lottery. There are not any assurances particular goods are going to be for sale every single time for the reason that availability is dependent on specifically what the police are letting go of inside a specified time frame. If you are a market trade seller solely interested in quite an exact industry category this occasional availability may put you off. To really make the best of the possibilities available you should go to these sorts of auctions without too many expectations and you should try to have a determination to source products of any trade.

What type of items are sold via police auctions?

The answer to this question is practically anything! That’s the benefit of these types of auctions – they offer the ability to buy a distinct selection of lots possibly not seen at most general auctions. Lost and retrieved goods vary from road bicycles and motorbikes to mobiles and watches – quite simply the things you can imagine becoming missing or robbed and ending up in the ownership of your respective police force can be on the market. Police patrol vehicles are dispatched on to auction soon after they’ve arrived at a specific age or usage too – generally speaking as soon as they are over 3 years of age. These can end up being an exceedingly great deal mainly because the motor cars you can purchase are regularly over twenty per cent less expensive than their counterparts being auctioned via the typical trade mediums like Autotrader. Police officers do run some remarkable motors on their constabulary fleet too – top spec Ford diesels, Landrover Freelanders and Volvo D5s can be bought at values which would render the majority of motor vehicle dealers giddy.

Online Auto Auctions

Online auto auctions can save you as much as 50 to 75 percent on the price of a vehicle. While some general auction sites have vehicles listed, other sites specialize in selling vehicles only. While online auctions can save you a lot of money, they are best approached with caution and a better understanding of how they work. While the cost of a vehicle may be low, most auto auctions also charge a buyer’s premium, which can add between five and ten percent to the final price you pay.

Government auto auctions are probably the largest source of vehicles put up for auction. Law enforcement officials may confiscate and sell property, including vehicles, from criminals or people who default on their taxes. Because storage space can be extremely expensive, these seized goods are often sold at ridiculously low prices. Financial institutions may also repossess cars when car owners default on car loan payments.

In recent years, a number of fly-by-night websites purporting to provide links to government auto auctions have sprung up. These sites charge a fee to provide information on the location and timing of upcoming auctions, but often the information provided is obsolete or false. If a site is difficult to navigate and you are unable to speak with a customer service representative, try and avoid it. Most reputable auction sites offer a complete refund and provide customer service.

Some online auction scam operations attempt to sell vehicles that have been salvaged in one state to customers in another state. Many auction houses perform no check, or only a cursory check, on a car’s title. To avoid losing money on an online car auction purchase, it is always a good idea to check that the car’s title or vehicle history report is clean.