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city surplus auction
City Surplus Auction

What is a City Surplus Auction?

Municipalities hold auctions when they have property they no longer need to conduct business.

One person’s junk is another person’s treasure!

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City Surplus Auction

How a City Surplus Auction Works

  • Auction conducted by city government or contracted to an outside auction house.
  • Can be carried out live, online or both

City surplus auctions are a convenient way to get rid of unwanted municipal property and earn extra revenue.

City government can save money, too!

city surplus auction4
City Surplus Auction

How a City Surplus Auction Works

  • Open to the general public
  • Bidders have to be 18 years of age or older
  • Must have a valid driver’s license

Items are usually available for preview online or at designated times before the live auction.

Payment terms, purchasing procedures, pick-up, etc.

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City Surplus Auction

Typical Items Offered at a City Surplus Auction

  • Huge number of items that can include:
    • Vehicles
    • Heavy equipment
    • Tools
    • Computers
    • Electronics
    • Office furnishings
    • …more
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City Surplus Auction

How a City Surplus Auction Works

Items aren’t necessarily inferior

Most city property is of great value after it serves its purpose

Could include excess materials or older property

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City Surplus Auction

Why Attend a City Surplus Auction?

  • Win-win for bidders and municipalities
  • Snag great items at reduced prices
  • Find below-market prices on surplus
  • Cars, trucks and more at incredibly low prices

Property is sold as-is. There is no warranty and you need to inspect items carefully, even though they are likely in excellent condition.

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City Surplus Auction

The diversity of items at a city surplus auction is a major attraction – you never know what you’ll find.

A surplus auction is one of the best places to shop for all kinds of property at discounted prices.

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City Surplus Auction

About the Author

Deb Weidenhamer is President of Auctions Systems Auctioneers & Appraisers, Inc., based in Phoenix, Arizona. They specialize in auctions and professional appraisals.

For more information about City Surplus Auctions, please visit us at http://www.auctionANDappraise.com/.