Like many people in the area, you might be wondering if it’s possible to buy cheap Government trucks in Sioux Falls, SD. There are several concerns of people have when funding for trucks in this area. One of the biggest issues is whether or not cheap Government trucks are even available in this area. Other concerns address potential problems like understanding government auctions and choosing a strategy that provides a high chance of bringing home a great deal on a quality used truck. Here’s a closer look at why there are consistently cheap Government trucks around Sioux Falls as well as how government fleet auctions work and how you can put yourself in a position to lock in the best deal possible.
Why Are Cheap Government Trucks Available in Sioux Falls, SD
The reason that cheap Government trucks are available in this area is because all levels of government regularly purchase new fleet vehicles. As a result, they end up with extra trucks that are no longer being used. In an attempt to pass on savings to taxpayers the government auctions off these trucks once they are no longer in use. This includes the federal, state, county, and local governments. Most states it makes the most sense to hold these auctions and the most highly populated areas. This ensures that the maximum amount of people can potentially attend. In South Dakota the largest city is Sioux Falls with a population of 153,888 people and a combined metro area population of 228,261. Additionally, it is the 47th fastest growing city in the country as well as the fastest growing city in the state.
Now you understand why government fleet auctions are held in Sioux Falls, you might be wondering why so many trucks are available at these auctions. In many other areas across the country there may only be a small percentage of trucks because the government in that area simply doesn’t need them. However with the network of parks and harsh winter weather the need for trucks in this area are particularly high. As a result, more trucks are purchased by the state and local governments. Currently the Sioux Falls area looks over a network of more than 50 parts, with the most well-known being Falls Park. Along with the nearby waterfalls Great Bear Recreation Park is also well known for its outdoors activities including skiing, snowboarding, and tubing.
An Overview of the Government Auction Process And How to Buy Cheap Government Trucks in Sioux Falls
The government auction process is fairly similar to public auctions. The most notable difference is that the listings will almost exclusively be found online. This means that if you don’t utilize online auction websites, there is a good chance that you’ll show up to the auction without knowing what to expect – if you find out about the auction at all. Once you get the auction listing, the next step is finding out how the auction will be held. It could be a live auction, online auction, or a combination of the two. Live auctions are fairly straightforward. You simply show up and did in person.
With an online auction there are two potential formats. The first allows you to place your maximum bid on multiple vehicles simultaneously. Once the auction timer runs out whoever placed the highest bid has the opportunity to purchase the vehicle. The second type of online auction is 100% live. The only difference is that instead of showing up in person, you get to watch a live feed and place your bids in real-time. The final type of government auction is a combination of the two. You will first have the opportunity to pre-bid online, then a live auction will be held and a proxy bidder will place your bids at the live auction for you, until the bidding reaches your maximum amount.