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How does Municibid work?

How does Municibid work?

Municibid is America’s fastest growing, most convenient, and easy-to-use online auction marketplace for government agencies, schools, authorities and utilities to auction their surplus and forfeitures directly to the public. All auctions take place online and are available to bid 24 hours a day.

Is Gov auction legit?

GovernmentAuction.com is actually known as Government Auction Luxury. That website is traced back to Auction King.com a BBB confirmed fraudulent company and is traded as Government Auction Luxury. Go check the BBB page for Auction King.

Who owns Municibid?

Greg Berry – Founder
Greg Berry – Founder & CEO – municibid.com, LLC | LinkedIn.

What is a government surplus vehicle?

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.

Is buying government vehicles a good idea?

These vehicles are bought, leased, managed, serviced, maintained and disposed of by a division of the federal government called the U.S. General Services Administration (GSA). GSA vehicles are generally of good quality and have been properly maintained according to the manufacturer’s guidelines.

How do I register for government deals?

Go to www.govdeals.com 2. Select ‘Register’ from the Red Bar at the top of the page. 3. Completely fill out the Registration Portion under Account Information.

How do you pay for GSA auctions?

For Personal Property, the Sales office will accept Cashier’s Checks, and in some instances personal checks and/or other government checks. For Real Property, acceptable forms of payment vary between the following: bank checks and cash.

Why does the government auction cars?

Government auto auctions occur when government officials bust criminals, confiscate their belonging and then set those items for sale to make money for law enforcement. A lot of time, the military also has surplus car parts which can also be bought at government auctions.

How do I buy on GovDeals?

PAYMENT MUST BE MADE ONLINE—To make online payment, log into your GovDeals account and select “My Bids”. Please follow the instructions there. Payment in full is due not later than five (5) business days from the time and date of the Buyers Certificate. Payment must be made electronically through the GovDeals Website.

What happens if you don’t pay GovDeals?

All sellers have a strict payment due date. If the item is not paid for by the time stated, the seller may lock your account for default, and you will be assessed a fee equal to 40% of your winning bid amount.