The budget-conscious shopper knows how to take advantage of coupons, wait for the sales tax holiday, sign up for discount cards and get good deals at restaurants with free and discounted meals for kids. And rather than visiting the expensive big box retailers, he or she might hit up a local thrift store or shop on Craigslist. Here's another avenue for saving some of that hard-earned cash. For those who are always searching for bargains, the state of Oklahoma has long held auctions for surplus property.
Here are details on what's available and how to bid.
Where Did This Stuff Come From?
Many of the items up for auction are simply the property of various state agencies that has been replaced and is no longer needed.
What is Available?
Everything from cars and electronics to furniture and clothing. Anything and everything, at one time or another, seems to pop up. Just keep in mind that condition could be an important factor. The state of Oklahoma does not warranty or guarantee anything sold through surplus auction, and many items are listed as "unknown condition." You can schedule an appointment to see an auction item up close by calling.
Are Auctions Held in Person?
Yes. The public auctions are held on the second Friday of each month at 2530 West Reno in downtown Oklahoma City. The building is located just north of I-40 between May Avenue and Villa. All sales are final and lots must be paid for by 3 p.m. on the day of the auction.
Can I Bid from Home?
For a long time, interested buyers had no choice but to go to the warehouse to bid on items in person. That is no longer the case. As with pretty much everything else these days, it's all available online now. By going to the State of Oklahoma online surplus auction, you can bid on these items from the comfort of your office or home. All the merchandise is searchable by category or popularity for easy browsing.
How Do I Register for the Online Auctions?
Registering is easy. Simply create an account by providing your personal information and indicating whether you are registering as a tax-exempt organization.
What If I Win an Online Auction Item?
There is a service fee for any winning bid. Payments are completed online by credit card and must be made within 48 hours of the end of sale. Items are not shipped but rather must be picked up. When picking up the item, make sure to bring a copy of the receipt and valid picture ID.