GSA auctions are online marketplaces that sell items like cars, trucks, and furnishings no longer needed by federal agencies. These sales offer a variety of benefits to both buyers and sellers. For buyers, the auctions offer a wide selection of items and are easy to navigate. The website also provides a variety of tools, including the ability to search by item category or location. In addition, the website offers an advanced filtering tool to help you narrow down your options.
The site allows you to place bids on any item with a minimum and maximum amount, and you can save an item as a favorite by clicking on the “Favourite” button. You can also place a proxy bid, which automatically bids on your behalf until you reach your maximum bid. If you win an auction, you must pay for and remove the item by the date specified in your contract award email notification. Failure to meet these contractual obligations will result in termination for default.
GSA Vehicle Auctions
GSA vehicle auctions are a great way to get a car at a fraction of the price you would pay at a dealership. The government sells these vehicles to generate revenue and dispose of surplus or seized assets. These cars are often in good condition, but you should always inspect them before making a purchase. GSA Fleet vehicle sales are held at several locations across the country and online through Auction Pipeline. They offer both in-lane and virtual sales, with the majority of sales taking place in April through September. Each sale is organized by the federal agency that owns the vehicles or a contracted auction company.
Buyers can choose from a wide range of makes and models, including retired police cruisers. Vehicles are usually well-maintained and have low mileage, making them a great choice for buyers on a budget. Buyers are responsible for adhering to EPA and NHTSA requirements, including having air pollution control devices inspected and recertified.
How Do GSA Auctions Work?
Once a bid is accepted, the purchaser receives an email from GSAAuctions with a six-digit code. This code can be used to verify the purchaser’s identity. Once the verification is complete, the auction closes, and the item is awarded to the highest bidder.
Individuals registering as bidders must provide a Social Security Number (SSN) and U.S. mailing address for identification authentication with Experian. This process includes a credit inquiry that is considered a soft inquiry and does not affect a bidder’s credit score. For more information, visit the FAQ page. A successful bidder must agree to pay for and remove the item within the dates and times specified in the contract award email notification.