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Why does the government do these auctions anyway. Why don't they go through a standard reseller and get market rate?
1 posted on 02/24/2024 10:39:04 AM PST by nickcarraway
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To: nickcarraway

That’s one way to get a good deal.


2 posted on 02/24/2024 10:43:52 AM PST by Berlin_Freeper
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To: nickcarraway

He plaid guilty. Did he go to prison? Or just return the vehicles, pay a fine, and some sort of parole or community service?

Paying a buck had to be a giveaway. What if instead he paid a significant fraction of the winning bid?


3 posted on 02/24/2024 10:50:29 AM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: nickcarraway
I read recently that someone engaged a dealer AI and got a super discounted price on a new car. It is in court to see of the agreed upon price is binding.

With the flawed AI, if they insist on using it, companies should be held to its results.

4 posted on 02/24/2024 10:50:50 AM PST by Reno89519 (If Biden is mentally unfit to stand trial, he is mentally unfit to be president. He needs to resign.)
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To: nickcarraway

I don’t know how it works, but they do appear to use asset management contractors for some things, like real estate.


5 posted on 02/24/2024 10:51:59 AM PST by Jamestown1630 ("A Republic, if you can keep it.")
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To: nickcarraway

To supposedly inhibit corruption.

I attended these a longtime ago-they were managed by a defense contractor and the best stuff is long gone before it reaches the public.

This guy prob could’ve gotten away with this for a while if the cheating was more modest.


6 posted on 02/24/2024 10:55:38 AM PST by Freest Republican (This space for rent)
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To: nickcarraway

Was this a flaw or did he stumble on a feature? I would hope they check employees and their friends recent payments for bids.


7 posted on 02/24/2024 10:57:52 AM PST by Raycpa
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To: nickcarraway

A 2010 Escape hybrid? The city sold some of those a few years ago because they had gone through some part of the hybrid drivetrain multiple times and the parts were no longer available.


11 posted on 02/24/2024 1:02:44 PM PST by Clay Moore (My pistol identifies as a cordless hole punch. )
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