Surplus auction puts millions back into government budgets
Call it a government garage sale with a little more flare. It's the first Government Surplus Auction of the year in the Valley.Photo: Video by ktnv.com
Las Vegas, NV (KTNV) -- Call it a government garage sale with a little more flare. It's the first Government Surplus Auction of the year in the Valley.
The auction has not only local governments like the county, City of Las Vegas, North Las Vegas, and Henderson, but also the school district, Metro and even surrounding cities in southern Utah.
The buyers also come from all over for a good deal; more than 1,000 people showed up Saturday.
The auction featured 150 trucks, cars and buses, and also computers, bicycles and other lost and found merchandise from McCarran Airport. Several government agencies are selling used items in this one auction.
"There might be some things that you have to do to fix them here or there, but people like to come and try to get a good deal and take something home for cash, and you know, a good secondary automobile, get them around town, and not have to spend as much money as what it would cost to get a new vehicle," said Mike McKee owner of TNT Auction.
This is a very profitable enterprise for government agencies. Last year the three auctions brought in $3.4 million.