If you have never been employed by the #police or an affiliated organisation it's fairly improbable that you would have come across Police #Auctions, until now. They happen all over the place and are a method of the police disposing of abandoned, thieved and reclaimed items inside of their possession. They can also be an avenue for them to sell off their ex-fleet cars. These #auctions are often shrouded in mystery - many people in the wholesale industry hear stories of crazy deals - like low-cost ex-police cars being sold off and retrieved necklaces being auctioned off at half their true value. But these are not just tales, they are based upon actuality. Have you ever imagined finding a 10 year old top spec Beemer for just £3k? How about a Specialized Mountain Bike for just one hundred pounds? These buys may sound improbable but we have witnessed them move through these public auctions using our own eyes. Ranging from digital cameras to electronic goods, there's an extensive product selection available and the bulk of it gets purchased for much less than the corresponding merchandise being sold on comparable auction sites like eBay.
There are several logical reasons this auction segment appears to provide under-valued goods consistently, and the lack of public information about their existence is certainly a factor. For reasons unknown police constabularies do not manage to advertise the auction merchants they do business with to sell their goods which results in police auction sessions at most of these outlets becoming badly visited. Insufficient prospective buyers, not surprisingly, means low competition for products and cheap merchandise for anyone prepared to buy it. But these auctions can be unpredictable - there is absolutely no guarantee that specified things might be available on each occasion because the inventory is dependent on what the police are discharging in a specified time frame. If you are a distinct segment trade seller only keen on a very targeted market section this intermittent supply may discourage you. But to make the best of the possibilities you should attend these auctions by having an open mind plus you need to have a desire to obtain goods from any market variety.
What types of items are found at police auctions?
The easy response to this question is close to just about anything! That's the remarkable thing about these types of auctions. Police auctions give you the opportunity to bid on a varied selection of items not really seen during general auction days. Robbed and recovered auction lots range from road bicycles and children's motorcycles to cell phones and bracelets. Fundamentally, anything you can imagine turning out to be missing or stolen and ending up in the ownership of your respective police force, may be on auction. Police group motor vehicles can also be forwarded off and away to auction as soon as they have gotten to a specific age range or usage - often once they are nearly three years old. They can prove to be a particular bargain too as some automobiles available go for twenty per cent less than their counterparts being sold via the traditional trade platforms like Autotrader. The cops do operate some interesting motors on their fleet too - leading spec Mercedes diesels, Skoda Octavia RSs and Volvo T5s can be bought at price points that might make virtually all automobile vendors over the moon.
We've researched this sector for the past several years racking up an abundance of knowledge on the way and will say undoubtedly that there are bargains to be had regularly.