Arizona Surplus Auction: What Is It and How Can You Score?
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Arizona Surplus Auction: What Is It and How Can You Score?

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What can you expect from attending an Arizona surplus auction? First, surplus auctions sell items that have become obsolete or no longer needed by the owner. They are offered for sale to the highest ...

What can you expect from attending an Arizona surplus auction? First, surplus auctions sell items that have become obsolete or no longer needed by the owner. They are offered for sale to the highest bidder. Many organizations conduct surplus auctions, including government agencies, schools, retailers and more. Items can vary from vehicles to office equipment. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Arizona Surplus Auctions.

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Arizona Surplus Auction: What Is It and How Can You Score? Arizona Surplus Auction: What Is It and How Can You Score? Presentation Transcript

  • Arizona Surplus AuctionWhat Is It and How Can You Score?
  • Arizona Surplus Auction•Surplus auctions sell items that are obsolete orno longer needed by owners•Offered for sale to highest bidders•Many organizations conduct surplus auctions:government agencies, schools, retailers and more
  • Arizona Surplus Auction•Most items are in excellent condition•Items are disposed due to: organizationsordered more items than they can use; update ininventory; limited storage space•Many surplus auctions are open to generalpublic
  • Arizona Surplus AuctionCommon Items at Surplus Auctions•Vehicles represent a big chunk•Government agencies regularly sell vehicles they nolonger need•Vehicles may have excess miles on them•Highest bid will take into account mileage
  • Arizona Surplus AuctionCommon Items at Surplus Auctions•Nobody bids past at certain point•Winning bidder of vehicle is expected to pay purchasein full before taking ownership•Other common items include: office equipment andfurnishings•Auctions can include seized items from crimecommitted or tax lien
  • Arizona Surplus AuctionHow Arizona Surplus Auctions areConducted•Organization uses services of an auction house•Independent auction houses will manage entire processfor organization•Many specialize in working with government agenciesto sell surplus and seized property
  • Arizona Surplus AuctionHow Arizona Surplus Auctions areConducted•Auctions can be conducted at physical location, onlineor using both methods•Dates announced in advance•Surplus auctions are great opportunities to get qualityproducts way below retail price
  • Arizona Surplus AuctionAbout the AuthorDeb Weidenhamer is President of Auctions SystemsAuctioneers & Appraisers, Inc., based in Phoenix,Arizona. They specialize in auctions and professionalappraisals.Visit us at http://www.auctionANDappraise.com or call800-801-8880 for more information aboutArizona Surplus Auctions.