In the past buying a car from a government seized auto auction was not something that just anyone could do. Such an opportunity was limited only to specific companies and car dealerships. The good news is that today, something like this can be joined in by anyone who wants to buy a car for a much cheaper price than usual.
The first thing that usually happens during a public sale such as this is registration. All people who are interested in joining the event need to make sure that they first do this. Registering will allow them to do several things including view the automobiles for sale before the start of the official event and of course places bids when the public sale begins.
Before the start of the official bidding you may be able to view the cars; this can be done either through the use of the auction catalog which is given before the event or by an actual screening of these. If a catalogue is to be used it is sent out a few days before the actual event. On the other hand if an actual inspection is going to be done it may take place a few hours or days before the event. You will be informed about this and you can go take a look anytime during the given period. Usually you can look the car through and even start it.
After the inspections the bidding can now take place. Of course this will be headed by the auctioneer who will be in front. It is normal to find ringmen around the place that help determine which people are placing bids. They can also help keep track of bids and send signals to the auctioneer since it can get hectic and some bids may be easily missed.
When the bidding begins a at a government seized auto auction a brief description of the vehicle will usually be read. In most cases the car is brought into view so that the audience is sure of what they are bidding for. The bidding can start with a certain amount and increase in increments of hundreds as people begin placing their bids. The process can be really quick with it finishing in one minute or less. You will know that the bidding is over when the auctioneer announces “sold to (specific bidder number)”. If you are a winning bidder you should approach the auction staff right after to verify your number as well as the amount and other details.