Sunday, May 15, 2011

What You Can Find at a Govt Boat Auction Release by on Government boat auctions,boat auctions,seized boats,auctions,boating,outdoors,recreation,boats

What You Can Find at a Govt Boat Auction Release


by Sanford L. Stanton


You can find quiet a few untapped resources out there for those looking to uncover a significantly reduced boat. One of which is Government boat auctions. I like boat auctions or any type of public auction generally speaking because you actually establish exactly what you will spend for any presented asset. Unlike most retail options auctions are set up so you are in command and thus determine what you are prepared to spend as opposed to a dealer or owner who determines your price what your bottom line. Participate in several auctions and you will more than likely save...anywhere from 40 to 60%.

An often overlooked and under utilized bargain source is Government public auction events. Now I will be up front and tell you that in terms of water craft... inventory isn't exactly over flowing. In spite of what you've heard, the U.S. Gov't rather the U.S. Coast Guard simply isn't confiscating "thousands of boats and watercraft every single day!"

One under utilized auction resource is Govt auctions. Now I will be up front and tell you that in terms of boats and jet skis inventory is limited. In spite of what you've read or heard online, the Government or the U.S. Coast Guard just isn't confiscating "1000's of boats every single day!" Government agencies like GSA, USMS, and the Coast Guard do confiscate and liquidate boats but you're just not going to find hundreds of thousands of boats to choose from. I mean how often does the Government seize a boat every day? Certainly not thousands as some auction sites boldly proclaim. So, like with any kind of bargain shopping venture don't rely upon one venue to shop through. Government auctions represent a small piece of a big pie.

My experience with Gov't sales is that many of the sources the Government uses to sell off their assets are transparent markets. These types of markets in fact easily enable 'tire kickers' to compare the seized asset of interest with a similar asset and thus decide very quickly approximately how much to bid. Consequently more than they should.

For example one of the transparent websites that you frequently find Gov't seized assets is Bid 4 Assets. Since there are already thousands of other non-Gov't yet similar assets being auctioned away on this site to the public it's difficult to actually get a legitimate bargain mainly because the entire online world has crystal clear view of what's up for bid. For this reason I prefer small fee based sources that keep most tire kickers from over bidding. This is exactly why eBay (an extremely transparent venue ) is difficult to find every day type assets i.e. cars, trucks, boats, etc. at a sizeable discount.




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