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Old 04-27-06, 11:10 PM   #1
Seggybop
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Police auction coming

There's going to be a police auction here on Saturday morning. Word is that the number of bikes available is going to be in the hundreds.

Has anyone ever gone to a cop bike auction before? How was it?

There's only going to be an hour to look at the bikes before the selling starts. Any ideas on how to check them out uber fast as to separate the nicer/newer bikes from the 99% which will be crap?

I'm hoping I can recover my bike that was stolen last year and maybe pick up some other cool bikes, if at all possible.
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Old 04-28-06, 12:34 AM   #2
EricDJ
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I find that police auctions in person seem to go stupidly high. Maybe thats just here.
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Old 04-28-06, 02:44 AM   #3
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Like all auctions, people can get caught up in the moment and bid outrageous fortunes. At the local campus-police auctions here, I've see beach-cruisers that have been dredged up from the lagoon go for more than $150 !!! You can go down to K-mart and buy a NEW one for $89.95! If you know your bikes and pick one that may look bad, but have good components, you can make a killing! I bought a MTB with a slight dent in the top-tube with Deore-XT gruppo for $10! Just the chain alone was worth $25! Squeezed the top-tube in a vice to round out the dent and cleaned off the rust, used some touch-up paint on the scratches and I pretty much had a new bike! Used it all through school and it still runs great to this day!
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Old 04-28-06, 08:28 AM   #4
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Where's this auction?

Always looking for a great deal on a bike....
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Old 04-28-06, 10:55 AM   #5
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Yeah. I've not seen any good deals at police or government or repo auctions. I'm sujre they're available. Problem is too many people want the product and drive the price up to retail or beyond.
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Old 04-28-06, 12:29 PM   #6
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I just went to a police auction in my city last weekend. It was just a pile of rusted crap. THere were a very few good name bikes(maybe 10) out of 700 , but so old and beat up they can't even be considered. It was pretty disapointing. Plus, I';ve heard they sell any bike. If they recovered a bike from the bottom of a lake, they brush it off and it goes straight to the auction. You just have no clue what happened to a bike. Kind of scary. You never know though, you might find something good. But very very unlikely.
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Old 04-28-06, 01:27 PM   #7
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The good bikes have already been claimed by police and politicians. I doubt you will find anything worthwhile. Stranger things have happened. But alas, not often.
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Old 04-28-06, 04:01 PM   #8
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If you want a nice bike, you have to pony up. There is no way out of it, unless you get a hot bike from carigslist. Then you are a jerk for buying stolen stuff.
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Old 04-28-06, 07:27 PM   #9
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I've been to a couple of them. 95% of the bikes are junk, but 99% of the buyers were looking to spend less than $20. You aren't going to find any Madones or such, but the chances of picking up a $300-$500 bike for $50 are real.
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Old 04-29-06, 07:35 AM   #10
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I have experienced exactly the same thing as capejohn.
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Old 04-29-06, 07:40 AM   #11
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Forget about buying a whole bike. Think "donor bike" for components and "frame set."
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Old 04-29-06, 10:51 PM   #12
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auction was fail and loss. There was only one good bike out of the dozens present, a modern Specialized hardtail MTB, and everyone knew it. Suffice it to say it went out of my price range. oh well.
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Old 04-30-06, 07:05 AM   #13
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You should look for all the pimped-out drug dealer bikes. Low riders with tinted glass and chrome rims. I have a buddy who picked one up at a police auction and found $10,000 and a kilo of coke in the seat tube.
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