Local Heroes So far, we've described the opportunities available at federal government auctions. State, county, and city governments also seize property and auction off surplus goods. If you live in an area where federal auctions aren't easily accessible, you can still cash in on local offerings. In big cities such as New York, autos are regularly auctioned by agencies such as New York City's Department of Transportation as well as its police department. In some cities, police auctions include merchandise other than cars. Stolen merchandise that hasn't been claimed often winds up in a police warehouse. This merchandise usually includes TVs, VCRs, radios, stereo equipment, jewelry, and bicycles. Police auctions, outside of large cities, tend to be very informal. Word gets around and bids are taken, "as is," often with no time for inspection. Prices are extremely low because the merchandise often has been abused. Local sheriff's and marshal's offices auction similar merchandise with similarly low prices, but with questionable pedigrees. You likely will be able to track down your hometown auctions with a phone call or two. Many states auction surplus property just as the federal GSA does. Ask your state government's public information office for details.