How to Find a Bargain at a Postal Service Auction

Two Methods:The Day of the Postal Auction

The postal service has possession of items of undeliverable mail, illegible handwriting on boxes, and items that have been damaged while in transit. There are varieties of different items inside these boxes, from electronics, to kitchenware, to valuable jewelry. So what happens to these items? Many of these items are arranged in lots and sold at postal service auctions. You can find good bargains at auctions; however, it is important to plan ahead and make a checklist of items you need before and during the auction.

Method 1

  1. Image titled Find a Bargain at a Postal Service Auction Step 1
    1
    Find out the date, the time and the location of the postal auction. The postal auction may only be available in certain parts of the country. See if the location is within driving distance or if you will be in the part of the country during the time the auction takes place.
  2. Image titled Find a Bargain at a Postal Service Auction Step 2
    2
    Make a list of items you are interested in buying and perform research online to get an idea of how much these items cost. Write down the prices and model numbers so you know whether you will be getting a good bargain.
  3. Image titled Find a Bargain at a Postal Service Auction Step 3
    3
    Call the postal service to find out if they have a preview day. Often postal service auctions will hold a preview day either the day before the auction or the day of the auction a few hours before it starts.
  4. Image titled Find a Bargain at a Postal Service Auction Step 4
    4
    Attend the preview day the day of the auction or the day before the auction. Bring a notepad and paper with you. Look at the merchandise available. Write down any information about any items that catch your interest. Also, write down the lot number whenever it is available.
  5. Image titled Find a Bargain at a Postal Service Auction Step 5
    5
    Write down how much you are willing to pay for each item during the auction. Make sure you stick to this budget during the auction.

Method 2
The Day of the Postal Auction

  1. Image titled Find a Bargain at a Postal Service Auction Step 6
    1
    Get there early. To find a bargain, you need to be there so you don't miss out on bidding on the items that are going up for auction.
  2. Image titled Find a Bargain at a Postal Service Auction Step 7
    2
    Ask for a booklet of the items that will be available for auction. Many auctions will offer a pamphlet or program for a small fee.
  3. Image titled Find a Bargain at a Postal Service Auction Step 8
    3
    Wait until you have placed a winning bid on the items you are interested in before leaving the room or leaving the auction.

Tips

  • Stick to your budget and know the value of the items you are purchasing. To find good bargains at auctions, you must adhere to this guideline.
  • For items you do not need, you can sell online or give them away as Christmas presents, birthday presents; however, first, you need to ensure that the present you are giving is in proper working condition.

Warnings

  • All items sold at the postal service auction are sold "as is." This means that you cannot return items if they do not work or are damaged. This is why it is important to ask any questions you may have before you make a bid.

Article Info

Categories: Buying Wisely