Vehicle Auctions - DOF (2024)

The City of New York auctions vehicles and property under certain circ*mstances. These auctions are conducted by the New York City Sheriff’s Office and the city marshals.

Vehicle auctions

The City of New York will auction vehicles that have been seized or abandoned.

The vehicle’s owner must pay all tickets that are in judgment, plus penalties and interest, to redeem the vehicle. Vehicles are sold at auction if they are not redeemed within 10 business days of being towed.

Proceeds from the auction, after expenses, are used to pay the judgment debt. All vehicles are sold "as is” and the purchaser must pick them up where they are located.

Upcoming Auction(s):

  • June 10, 2024 - Bronx
  • June 10, 2024 - Staten Island
  • June 11, 2024 - Bronx
  • June 12, 2024 - Bronx
  • June 12, 2024 - Brooklyn
  • June 13, 2024 - Bronx
  • June 14, 2024 - Brooklyn
  • June 14, 2024 - Queens
  • June 17, 2024 - Queens
  • June 18, 2024 - Bronx
  • June 18, 2024 - Brooklyn
  • June 20, 2024 - Bronx

Bidding on a vehicle

  1. Be sure you know the lot number of the vehicle you’d like to bid on.
  2. Vehicles are sold to the highest bidder.
  3. If there is a dispute about the highest bid between two or more bidders, the bidding process will begin again.
  4. The Sheriff’s Office may refuse any bid and cancel the sale at any time.

After you have purchased a vehicle at auction

  1. You must pay with cash in full as soon as the sale is final. We will waive the sales tax if you present a resale certificate.
  2. In many cases, you may need to tow the auctioned vehicles from the yard. Vehicle keys are not available.
  3. You must remove the vehicle from the tow yard by 5:00 p.m. on the day of the auction or you will be charged a storage fee of $20 per day. If you do not take the vehicle within 96 hours of 5:00 p.m. of the auction date, it will be considered abandoned and will be removed.
  4. Once you remove a vehicle from the tow yard, you cannot park it on the street or drive it unless the owner has proper registration and license plates.
  5. You must take the Certificate of Sale to the Department of Motor Vehicles to get a title issued in your name. We only issue one certificate of sale per owner – no exceptions. We cannot issue duplicates for second copies or replacements of the original.
  6. The Department of Motor Vehicles may consider the vehicle as salvage. This means the vehicle may have to be examined before a new title or registration is issued.
  7. The tow yard may charge a tow fee to remove a purchased vehicle from the yard.

Property auctions

The Sheriff may sell real or personal property to satisfy an unpaid judgment. This is known as a “private asset auction.”

Auction dates are advertised in New York City newspapers and posted in each county's Sheriff's and county clerk offices. The money from the auction goes to the creditor.

Sale of real property

  1. At an auction, the successful bidder must pay at least 1O percent of the bid price (not less than $2,000). Cash, money orders, and certified checks are accepted for payment. A Memorandum of Sale is issued immediately.
  2. If partial payment is made at the auction, the balance of the bid price must be paid no later than three business days after the auction.
  3. If the successful bidder does not pay the balance within three business days, the sale will be voided and the property re-sold.
  4. A successful bidder who fails to comply with the terms of the sale may be liable for damages to the judgment creditor.
  5. Any taxes or transfer/delivery fees must be paid by the bidder.
  6. The Sheriff reserves the right to approve or deny all bids.

Sale of personal property

  1. Payments must be made in cash.
  2. The Sheriff sells the right, title, and interest only.
  3. The Sheriff reserves the right of approval on all bids.

Upcoming property auctions

  • New York County Sheriff Auction - September 8, 2021

Vehicle auctions — frequently asked questions

Can I buy back my own vehicle?
How old do I have to be to buy at an auction?

Bidders and purchasers must be at least 18 years old.

Can I pay with a credit card? Can I make a partial payment?

Bidders must be prepared to pay for any vehicle they purchase as soon as they make the winning (highest) bid. Payments must be made in cash. Anyone not prepared to pay immediately should not bid.

Do the vehicles have warranties?

The Department of Finance and the Sheriff’s Office make no warranty, expressed or implied, as to the year of any vehicle or any vehicle's quality or state of repair.

Are there any safety recalls on the vehicles being auctioned?

The Sheriff makes no representations on the functionality, safety, or recall status of the vehicles auctioned. Potential purchasers are strongly encouraged to conduct their own research, such as a VIN search, on any vehicles they wish to bid on.

If there are problems with the vehicle, will the City make reparations?

Purchasers have no legal recourse against the City, including the Department of Finance, the Sheriff’s Office, and the auctioneer.

If the vehicle is a lemon, can I renegotiate the price?

The price of a vehicle will not be changed after sale due to the vehicle's condition.

Are any vehicles sold with liens on them?

Yes, in some cases, vehicles with liens are sold at auction. Purchasers buy the right, title, and interest to a vehicle, subject to any and all recorded liens. A vehicle subject to a lien remains subject to the lien after sale. Any vehicle with a lien may be subject to repossession by the lien holder. The Sheriff is not responsible for notifying bidders about liens on vehicles.

If the vehicle has parking tickets from the previous owner, am I responsible?

Purchasers are not responsible for any outstanding parking tickets that were issued to the former registered owner of the vehicle.

Need help?

Contact the Department of Finance for assistance.

Online - Send us an email In person - Schedule an appointment
Vehicle Auctions - DOF (2024)

FAQs

Is it safe to buy a car that was sold at auction? ›

Auction houses usually sell cars as-is, meaning you don't have any recourse if your purchase turns out to be unsafe, severely damaged, or in need of costly repairs. While laws vary from state to state, there is no federal law requiring the auction house to disclose these serious issues, explains Threewitt.

What is considered a poor condition for a car? ›

Examples of vehicles in poor condition are ones with severe mechanical issues, substantial cosmetic defects, a branded title (such as salvage or flood) and so on. Learn how Kelley Blue Book determines vehicle price information.

How to win car bids? ›

Take the opportunity to inspect the cars you're interested in before you place your bid. This can involve a visual inspection, checking for any external damage or wear and tear, as well as reviewing the vehicle's history through reports and service records.

Why would a nice car be sold at auction? ›

Often dealers will send vehicles to auction to avoid a hassle. A vehicle may be too old, have a mileage discrepancy, have a bad CarFax, or have other concerns. Auto auctions take vehicles as-is. This makes selling at a car auction a great way to get rid of complicated units.

Why are auction cars so cheap? ›

On average, car dealers markup cars up to 30% that are bought at auctions. There are several reasons for this. The used cars at the auctions are not in a perfect driving condition and sometimes they won't even appeal to many bidders, that's why they are cheaper than the dealer's shops.

What are the disadvantages of buying a car in an auction? ›

Test driving a car before buying is usually an impossibility at auctions, depriving potential buyers of crucial insights into the vehicle's performance and handling. As a result, latent mechanical issues may remain undetected until after the purchase.

Is it better to bid early or late in an auction? ›

Early bids are transmitted with certainty, but there is time for other bids to respond. Late bids come too late for other bidders to respond, but run the risk that they will not be successfully transmitted themselves.

How to win auctions easily? ›

11 Tips for Bidding With Success in Online Auctions
  1. Understand the Auction Rules. ...
  2. Add Items to a Watchlist. ...
  3. Know the Bid Clock. ...
  4. Set a Budget. ...
  5. Use Automated Bidding. ...
  6. Research the Item. ...
  7. Test, Inspect and Compare Items On-Site. ...
  8. Compare Similar Items.

How much commission does cars and Bids take? ›

What are the fees for the buyer on Cars & Bids? In addition to the final purchase price paid to the seller, buyers pay a 4.5% buyer's fee to Cars & Bids. The buyer's fee has a minimum of $225, and a maximum of $4,500.

What happens if a car doesn't sell at auction? ›

If a consignor has any vehicles that have not sold, they can ask to put them through the lanes again that day, store the vehicle until the next sale, offer it for sale online or arrange for the vehicle to leave the auction site.

Why would a low mileage car be sold at auction? ›

There are many reasons why clean, healthy low mileage cars end up at auction. For example, lease turn-ins and trade-ins. The average lease in the United States is 3 years, 36,000 miles. Thousands upon thousands of leased cars are turned back into dealerships when there only a few years old with low miles.

Why do newer cars go to auction? ›

The rationale is to relieve themselves of excess new car inventory imbalances or aged new cars, and instead replace them with fresh merchandise that they think will sell more quickly to a consumer. The whole reason cars go to the auction is to ensure inventory balance at the dealership.

Is buying cars from auctions a good idea? ›

If you are willing to put in the time and effort, buying a car at an auction can be a great way to save money on your next vehicle purchase. Just be sure to research, set a budget, and know the rules before you bid.

What should you not do at an auction? ›

Don't be rude or disruptive: Auctions can be crowded and noisy, but it's important to be respectful of others around you. Avoid talking loudly or disrupting the bidding process. If you need to leave the room, do so quietly and without disturbing others.

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