Capital Auto Auction hosts weekly live auctions at each of our four locations, as well as online. Whether you attend a live auto auction or an online auto auction, you'll find quality used vehicles listed at the kind of bargain prices that typically only dealers see. Our vehicles may be repossessions, dealer consignments, government vehicles or donations. In every case, they are auctioned openly to the public so it's easy for customers to find or sell the vehicles they need. What's more, it's not just individual cars that we work with, either; through a fleet auto auction, you have a way to quickly dispose of fleet vehicles you no longer need.
Police auctions tend to conjure up images of beat up cars confiscated from drug dealers and mint condition police cruisers that—for one reason or another—never saw service. The reality lies somewhere in the middle, and there are some good deals to be had so long as you're careful, and absolutely sure about what you're doing. Let this list be your insurance.
Let's kick today's auction deals off with this 1983 Hatteras 61 foot cockpit motor yacht. This yacht is not only a behemoth but comes loaded with furnishings and appliances. It sports 2 - 650 HP Detroit diesel engines, twin Onan 20 KW generators, Furuno Marine Reader radar, Raytheon color Echo Sounder V900, a reverse osmosis system, and a ton of other really cool features. Aside from a nice sized kitchen and eating quarters, you'll also find a spacious furnished bedroom. The kitchen has a fridge/freezer, microwave oven, convection oven, and A/C. As of right now the current bid on this beauty is $50,000 and the winning bidder will be required to put down a $10,000 deposit. This auction will be ending on November 12, 2009 so hurry and activate your 3 day free trial to get started.
Due to the various governmental units that supply the vehicles for auction, there's no single reason for vehicles being brought to auction. Some of the vehicles are confiscated due to the former owner's involvement in drug dealing, smuggling, or fraud, while other vehicles were simply just abandoned. On exception, separate auctions will sometimes be held for very large seizures.
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