The IRS has just announced that they have a new website for auctions. An auction is an (online) event where the Internal Revenue Service or any other institution offers things on sale.
If you are interested in one of the services or assets the IRS offers, you can place a competitive bid. Potential buyers will try to get the best deal possible. So, it could be fascinating if you have time and money to bid in one of these auctions. Using your tax refund money for this could come in handy.
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First-time bidders should have a look at the IRS website to get to know the key vocabulary for auctions. Learning the ropes will be essential not to make mistakes and make the most of your bid.
HAS THE IRS ANY FEATURED AUCTIONS NOW?
As a matter of fact, there is a GSA Online Sale. If you are keen on cars and you have plenty of money, there is an awesome bid going on at the moment. Let’s have a look at this IRS auction in detail.
If you visit the Internal Revenue Service website for auctions (link available below), you can see that there is a 2023 Aston Martin DB11 to bid. The city where this fantastic car is is Bloomington, Minnesota.
There are about 5 days left to bid and the current bid is $172,043.00. So far, there are 12 bidders who are interested in it. Do not forget that the payment is due within 24 hours of the sale closing.
Bear in mind that the person who manages to bid successfully for this 2023 Aston Martin must take ownership of any encumbrances or liens attached to the car the have bought.
IS PHYSICAL INSPECTION ALLOWED?
Unfortunately, the GSA auction website claims that physical inspection is not allowed. Once you visit https://www.irsauctions.gov/ click on the GSA Online Sale – 2023 Aston Martin DB11 tag and see all the details.
The last bid increment was $43.00, so it was not such a high one. The good thing is that this bid does not require a deposit. Do not forget that the closing time for this bid the IRS announced is 01/23/2024 11:00AM CT.
It was last 01/08/2024 11:00AM CT when this IRS auction started, so it will last for 15 days. For your information, the highest bid at close of the auction will be consideres for award of this sale.
However, take into account that the Government reserves the right to refuse any and all bids for any reason. If you are keen on auctions, keep visiting the IRS auction website for interesting services or assets.