Government Sales (GSA) usually happen once a month at the end of the month.Some exceptions to these rules occur at a GSA (Government) Sale. Do not remove keys from any vehicle and do not lock the doors of any vehicle that you look at and/or start.įailure to adhere to any of these rules will result in forfeiture of your deposit and being banned from any future auctions.Vehicles announced “TA and/or Title Attached” means that the seller has 21 days from the date of the sale to produce a valid title for the purchased vehicle.You may start the vehicle, but under no condition can you move the vehicle. You may look at repossessed vehicle on Wednesday’s from 3:00pm – 5:00pm.The title will be made out in the name of the registered bidder (no exceptions).If you bid on more than one vehicle and all your bids are accepted either outright or with a conditional sale, you are responsible to pay for all of them. The seller has until 3:00pm to accept or decline your bid. If your purchase is a conditional sale “IF” is shown on the bottom copy. If you are the high bid winner, you have to sign paperwork and you will be given a copy.If you bid on or attempt to have someone bid for you on any other vehicle you will forfeit your deposit and be banned from any future auctions.Vehicles not paid for in full by 5:00pm on Thursday of the sale will result in the forfeiture of your deposit Vehicles must be paid for by the end of the day on Thursday and must be paid either by money order or cashier’s check.For Heavy Duty Trucks, the sale deposit is $2000.Buyer’s fee and sales tax will be added to the purchase price.If you purchase a vehicle, the deposit will be added to the purchase price.When repossessed vehicles are done selling you must immediately return to the registration desk with your receipt and bidder badge to get your deposit back.Selling institutions reserve the right to not sell certain vehicles to public buyers Public will bid on Repossessed “V” (INOPS) “R7”, “R8” and “HR” units ONLY.Those vehicles will have a “No Public Buyers” sticker posted on the windshield on the day of the sale. Please note that some selling institutions do not allow some of their repossessed vehicles to be sold to the public. Remember our inventory changes constantly so if you don’t find what you’re looking for right now, keep checking back. View our public auction Run List to see if we currently have the automobile for you. The public auction atmosphere is fun and adrenaline-pumping. Public auto auctions run just like other auctions would, complete with auctioneer, sellers, bidders and a variety of vehicles for sale. These offers public auctions are held every Thursday and us a great place to buy repossessed cars at a discounted price. Indiana Auto Auction offers auto auctions open to the general public.
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