Police auctions have been around for years, but people are even more in love with them now than ever. Increasingly, newcomers are getting involved, showing up to the events to find a good deal or just watch the bidding. Those who really want to make a little money or find some good items should learn a little about how they work.
Basically, police auctions are events that different departments around the world hold to make a little money off of confiscated items. These are not weekly events. In general, departments hold them a few times a year, but it varies. Usually, these items come from criminals involved in the drug trade, but they can come as the result of any sort of criminal enterprise.
Automobiles of all descriptions are the biggest draws at most auctions. But, depending on when you go, you could really see just about anything from home furnishings to electronic devices. It is important to keep in mind that the majority of these objects have been used, so you need to have a good idea of the product you are looking at. Bid on what you know and keep in mind that it may need some fixing up.
The Internet can be a good source of information about these events. Forums full of enthusiasts host conversations about dates, locations and possible items available. Of course, don't just assume that the information is correct. Get to know the sites before you put your faith in them. If in doubt, you can always get in touch with the department directly. They will know best what is happening.
Once you arrive at the location, remember that there is no such thing as a free lunch. While there are some deals to be had, others know about them, too. This means that most items eventually do get bid up to somewhere around their actual market price. Old hands know what to expect, and you can expect to see them there.
As with any auction situation, you should set yourself a limit on how much you want to spend. It is easy to get into the moment and the emotions and forget that you are overbidding. This is especially important since many auctions of this sort expect payment on the same day, often within a few hours. Check with the organizers before the event starts.
Your local police department is a good place to start, but you do not necessarily have to stop there. Many other agencies hold events from time to time. For example, state, provincial or federal agencies may sell off items accumulated over the years. You can also check with specialized agencies.
Even if the current love of finding bargains cools down, it is really something that never goes out of style. Sometimes we love finding a deal more than we like the product we are purchasing. As long as you have a plan when you head out on a spending spree, things should be fine. Police auctions are a fun way to engage with others and share this passion.
