PoliceAuctions.com’s listing of police auctions and government auctions give consumers the opportunity to name their own price on used-vehicles at auctions through out the country.
(PRWEB) November 11, 2012
According to estimates 250,000 cars have been flooded in the devastation caused by Superstorm Sandy. According to the Los Angeles Times this will cause a supply shortage in the already tightened used-car market, causing the price of used-cars to increase in the short term by $700 to $1,000. PoliceAuctions.com’s listing of police auctions and government auctions give consumers the opportunity to name their own price on used-vehicles at auctions through out the country.
Police auctions and government auctions are where the government auctions off surplus government equipment, seized property, and many other types of government property. This creates an eclectic and unpredictable assortment of vehicles for participants to bid on.
The dynamic bidding process allows bidders to determine the sale price of the items at auction. Participants in government auctions and police auctions increase the price of vehicles incrementally via bids. When the auction ends the bidder with the highest bid wins the item on the auction block.
PoliceAuctions.com offers many services to their members including a searchable listing of police auctions and government auctions. PoliceAuctions.com is known for their one-dollar no reserve auctions. These fast paced auctions offer their users the chance to bid on, and win, items for as little as one dollar. By combining a product selection ranging from name brand jewelry auctions, watch auctions, collectible coin auctions, and sports memorabilia auctions with industry leading customer service, PoliceAuctions.com has earned the loyalty of over 5 million devoted users.
PoliceAuctions.com has made it even easier for customers and fans to connected with them via social media like their Facebook fan page. This exciting and newly launched space informs customers of up coming auction items.