How To Buy A Military Surplus Vehicle
If you want to know how to buy a military surplus vehicle, the first thing you will need to do is to find the reputable sellers who are actually doing business in this area and avoid sources that may charge hidden fees, use gotcha tactics to up the final cost of the purchase, etc.
If you are new to buying a government surplus or military surplus vehicle, thats a challenge that can seem quite dauntingat first. With a little information you can bid and buy military surplus trucks, cars, and other vehicles with confidence.
Surplus Property Open To Offers
The site and its content are made available by the New Brunswick Department of Transportation and Infrastructure as a public service without warranties of any kind, express or implied. Properties are sold on an as is basis, may require unknown repairs and may not have been inspected by DTI. While the information or photographs may not be free from error or omission, care has been taken to ensure the best possible quality. Statements or photographs regarding the condition of the properties are offered for information only and are not an enforceable condition of sale. DTI makes no representations or warranties, either expressed or implied, as to the condition of the properties, nor to the accuracy, currency or completeness of the information or photographs presented. The user assumes the entire risk as to the use of any or all information or photographs.
All surplus property is sold on an “as is, where is” basis and the Province will make no warranty whatsoever with regard to title.
It is the responsibility of the Purchaser/Bidder to determine if there is access or a right of way to the property and what encumbrances are against the property.
The successful purchaser will be responsible for the payment of H.S.T. where applicable, and all document preparation and related fees, at the date of closing.
Purchasers must be of the age of majority in NB to take title.
Choose To Buy Cheap Equipment Government Surplus Or Lease Equipments:
Buying can be a good option for you if you are considering owning the equipment in long-term and if you have enough cash in hand but you have to bear the maintenance costs, tax and risks. Although, you can sell it off later for cash.
- The lifetime cost is lesser than leasing
- The assets are shown on your balance sheet
- You can sell the equipments anytime when you dont them anymore
The downsides of buying the equipments are:
- You are liable for maintenance, risks and taxes involved
- You need to spend a lot more initially compared to leasing
- You may have to lend money from the bank to cover the cost of buying which generally have high interest rates
Should you buy cheap equipment government surplus with cash or credit?
It completely depends on your circumstances and your financial position. If you have enough cash to cover up the costs of buying the equipment as well as to cover up operational expenses then you dont have to consider lending from the bank.
In case you have cash which can only cover up your buying costs then getting SBA loan can be good option to cover up your operating expenses. Getting a loan through SBA is simple and easy and they also guarantee loans for the small businesses.
The only downside of getting a loan is that it has higher fee and interest rates and some loans do have pre-payment penalties. Getting in touch with SBA for funding can be a good choice as they have lenders that specifically lend to the small business owners.
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Why Buy From An Online Auto Auction
You can find decent-quality vehicles at much cheaper prices from online auto auctions. For business owners who need many new vehicles, this can save a lot of money. If you enjoy the thrill of the bidding process and have the time, confidence, and knowledge, buying vehicles from an online auto auction can also be a lot of fun.
How To Register A Salvage Vehicle
Here are the basic requirements for registering a salvage vehicle:
- A completed Application for Title or Registration signed by all current owners.
- Proof of ownership. This can be a Salvage Certificate, the Certificate of Title, or an Application for Duplicate or Paperless Title form.
- A Verification of Vehicle or CHP Certificate of Inspection form.
- Brake and light adjustment certificates for most vehicles.
- Registration fees, which may vary from state to state.
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The Government Surplus Vehicle Guide
At government surplus auctions, unwanted property is sold to save on storage and maintenance costs. These auctions are some of the best ways for individuals and businesses to get quality used vehicles at affordable prices.
You can typically buy government surplus or confiscated vehicles via sealed bid, live auction, or online auction. The purchasing process can vary depending on the rules used by each selling government agency.
To make the whole process of buying government surplus vehicles easier, read on to find everything you need to know before bidding in a government-sponsored auction.
Miscellaneous Equipment For Sale
Addition of: Advance notice for the potential sale of the Ascom 35t boat lift for further use.
Addition of: MOD surplus inventory for sale.
Addition of: Notice of the potential sale of the former HMS Bristol for recycling only.
Addition of: Notice of the potential sale of the former RFA Austin and RFA Rosalie for recycling only.
Added the Notice of the potential sale of the former HMS Walney page.
Added the Notice of the potential sale of the Former RFA Diligence.
Added the notice of the potential sale of the Former HMS Atherstone.
Removed the sale of Terra Nova advert as the closing date has now passed.
Added details for potential sale of Terra Nova.
Added the sale of the former HMS Gleaner page.
Added Notice of potential sale: former RFA Diligence a forward repair ship.
Added Potential sale of the former HMS Walney.
Added a link to the advance notice for the potential sale of former RFA ships Gold Rover A271 and Black Rover A273.
Added information about Submarine Dismantling Project market engagement day.
Removed: Notice of sale: car ferry, MV Strangford and passenger ferry, Rachlyn Advert of sale: former forward repair ship RFA Diligence
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For Citizens Seeking Surplus Property
Personal Property refers to tangible items ranging from common productssuch as office equipment and furnitureto specialized apparatusincluding scientific devices and heavy machinery.
Remember that these are auctions and sales:
- No Giveaways. Stories about $100 yachts or exotic cars sold for little or nothing are pure fiction. GSA expectsand gets a fair market price. GSA has a responsibility to the taxpayers to receive the best possible return on the tax dollar when they are sold.
- No Guarantees. GSA does not guarantee the condition of sale items. We encourage you to inspect personal property before sale. GSA will inform a customer of any deficiencies prior to sale. We are not responsible for any problems identified after the sale.
Surplus Items For Sale
The County Purchasing Agent is responsible for disposition of surplus items and equipment in accordance with statutory requirements. The County Fixed Asset Team is located in the Purchasing Department and shall evaluate replacement or repair alternatives and make recommendations to the Purchasing Agent for approval prior to sale or transfer.
Bexar County departments, offices, and the public may participate in the purchase of used County personal property through the Purchasing Agent – items such as vehicles, tools, machinery, or office equipment are most often available. The Purchasing Agent does not guarantee the condition of the items. County departments, offices, and the public have an opportunity to inspect property prior to sale, and the Purchasing Agent will inform a customer of any deficiencies of which the Purchasing Agent is aware. However, the Purchasing Agent is not responsible for any problems that may be identified after the sale. The Purchasing Agent conducts sealed bid, auction, and fixed price sales.
The Purchasing Agent provides used personal surplus property to County departments, offices, and the public as it becomes available. The Purchasing Department has no set schedule for making County surplus items available.
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How To Purchase Surplus Property
Surplus Property is property the government does not need. Personal property includes assets ranging from office equipment and furniture to scientific equipment, heavy machinery, airplanes, vessels, and vehicles. If this property cannot be donated to a state or public agency, or nonprofit organization, the general public can buy it.
You can purchase surplus government property through GSA AuctionsSM. The site offers the general public the chance to bid electronically on federal assets. All registered participants can bid on a single item or multiple items within specified time frames.
When no federal agencies need real property, it is determined to be surplus and may be made available for other uses through public benefit conveyances, including homeless use, negotiated sales, or public sales, based on GSA’s determination of the propertys highest and best use.
You can review surplus personal property offline by using the “Other Sales” tab at the top of the page. Or you can visit the Personal Property Sales by Geographical Location, which offers scheduled sales by geographic location and sales method. For sales methods, non-Internet includes live auction, fixed price, drop-by, negotiated sealed bid, and spot bid.
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Heres a list of essential cookies and how we use them:
These enable you to carry out some essential functions on our sites, such as maintaining log in details for the session or a transaction. They also help by minimising the need to transfer information across the internet. They are not stored on your computer and they expire when you terminate your browser session.
These enable us to recognise repeat visitors to the site. By matching an anonymous, randomly generated identifier, were able to record specific browsing information such as how you arrive at the site, the pages you view, options you select, and the path you take through the site. By monitoring this information were able to make improvements to our sites.
We dont record any personal information you provide during an on-site purchase or any other process
Google also reserve the rights to the data collected.
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Surplus State Vehicles & Equipment Auctions
The disposal of used and surplus state vehicles and equipment is done primarily through sales at public auctions. The two public auctions used are:
- Tampa Machinery Auction, Inc.
- GovDeals, Inc. www.StateofFL.GovDeals.com
The auctions are open to the public and everyone may bid. There is no bidder, buyer or registration fees charged.
Annually, the State of Florida has approximately 1,300 used vehicles and other items of mobile equipment that are available for purchase by the public and other government agencies. The types of used equipment normally available are:
Know Who The Vendors Are
If youre reading this article, chances are good you dont know who sells and who has a reputation for being reliable. The good news is that you can find some crucial information with some basic research. The key is knowing where to start looking.
The Department of Defense has an entire office dedicated to surplus property of all kinds .
The Defense Logistics Agency is the home of a branch called Disposition Services which basically oversees the transfer of gear, cars, computers, office equipment, and more from the end-user at U.S. military bases all over the world to either a surplus sale, salvage, or other final destination.
DLA isnt the only agency to do so another government operation called GovSales is administered by the U.S. General Services Administration. GovSales is the clearinghouse for all approved federal government sales centers.
This website operated for some time at its own destination, but as of September 2020, it now functions as a part of the federal website USA.gov which is described by the government as the front door to government information and services for the public. Those visiting USA.gov to buy surplus can locate and purchase surplus via online sales centers there.
If you know these two websites, you can definitely get started finding and purchasing a government surplus vehicle.
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Buying Federal Undeveloped Land
Government Property For Sale Or Disposal
GSA frequently has surplus personal property and real property which it makes available for sale or lease by qualified parties.
Furniture and equipment such as appliances, wall hangings, technological devices, and the relocation expenses for such property.
Real Property relates to land and structures on that land, and includes undeveloped land, office buildings military holdings and more.
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Rates for Alaska, Hawaii, U.S. Territories and Possessions are set by the Department of Defense.
Rates for foreign countries are set by the State Department.
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Buying Government Vehicles Explained: Part 1
There are 2 types of government vehicles that the public can buy:
Government Fleet Vehicles
These are cars that are leased by the government on a 3-5 year term for use by government employees on the job. At the end of the lease term, the government sells the vehicles at steep discounts to the public through the Internet and auctions. The U.S. General Services Administration , a division of the federal government, is in charge of buying / leasing the cars, managing the fleet , and selling the cars. Cars for sale are listed on the GSA website at . GSA sells about 35,000 vehicles a year ranging from cars, trucks, SUVs and vans. The vehicles are generally of good quality and have been well maintained by the government. The savings could be substantial since after all the government does use our hard-earned tax dollars to acquire the vehicles and is not in the business of making a if any profit from the sales of the vehicles to the public .
To learn more about buying these government-owned fleet vehicles, here are some frequently asked questions from their site:
State Agencies Surplus Sale Guidelines
- All items are on a first-come, first-served basis and are sold as-is.
- Items are not reserved for purchase.
- Prices are non-negotiable and may not be changed during the course of the sale.
- Payment methods: PCard , agency check at the time of purchase. NO CASH. Curious about the change? Please read this 3D memo explaining the Cost Applied Transfers process change.
Where And How Can You Buy Government Surplus Vehicles
The way you approach government surplus auctions will affect your chances of winning. Always look for a reputable auction company. Read buyer reviews. Check if the site is considered reliable by a reputable institution, such as the National Institute of Governmental Purchasing .
Scanning thousands of cars can be tiresome. Once youve picked the auction site, browse the site beforehand, choose your target vehicle, and research its prices over the last few months. This will help you determine a set price youre willing to pay before the auction starts. Its easy to get carried away with the excitement of the auction and bid more than you planned.
If possible, go for a test drive or get an inspection done.
When it comes to bidding strategies, keep the bidding to yourself to avoid drawing attention to the item, attracting other bidders, and possibly increasing the final sale price. Some savvy buyers often wait until the last minute to bid. Also, since most people bid in even amounts, youre more likely to beat them by bidding in uneven amounts. Rather than bidding $500, bid $501.