Model: Chevelle Malibu
1971 Chevrolet Chevelle Malibu, 2 Door, Color: Red/White Stripe, Number of Keys: 1, Vehicle Operational: No (Starter will need to be replaced), Vehicle Equipment: Air conditioner, AM Radio, Leather Seats, Stereo System, The exterior and interior of this vehicle is in great condition, The stereo system is newly installed with MPC/CD, This vehicle has 88,206 miles, Per Experian: An accident was reported on 7/2/08 (Non-Collision), National Insurance Crime Bureau (NICB) cannot find a record for this vehicle*****This item requires a bid deposit of $670. Bid deposits must be in the form of a cashiers check or money order and should be made out to G.S.A. and mailed to: GSA, 4QSCA, 77 Forsyth Street, Suite 100, Attn: Tonya Dillard, Atlanta, GA 30303. Prospective bidders must provide their GSAAuctions Login Name, Sale and Lot Number, Address, Telephone Number, and Email Address. Once bid deposit has been received, bid rights will be assigned*****All bid deposits will be returned within four business days from the closing date of the sale. All bidders must be registered via GSAAuctions.gov website*****All bid deposits must be received by 12 Noon on May 11, 2015*****Credit cards will not be accepted for bid deposits*****Potential bidders must bring photo identification when attending inspection. You will be required to go through a security gate to view the vehicle***** 1531F851150002
THE CONDITION OF THE PROPERTY IS NOT WARRANTED.
Special Inspection Information
Access to some federal facilities is now impacted by the Real ID Act. If using a drivers license or state issued identification card as identification, it will need to comply with the requirements of the Real ID act at those locations. Refer to www.dhs.gov/real-id-public-faqs for more information on the REAL ID Act. Individuals without licenses from compliant jurisdictions may present alternative forms of identification - such as a U.S. Passport - accepted by the agency. Some agencies may have additional processes to accommodate individuals lacking the prescribed identification documents.
INSPECTION WILL BE ALLOWED ON MAY 4TH AND MAY 7TH
FROM 12 PM UNTIL 3 PM AND ON MAY 8TH FROM 9 AM UNTIL 12 PM.
INSPECTION WILL BE BY APPOINTMENT ONLY.
Please contact the custodian for inspection dates and times and for removal arrangements.
Property Location and inquiries/questions regarding property inspection and/or removal:
Memphis Auto Auction
3719 Old Getwell Road
Memphis, TN 38118
Contact: Shanna Woods
For inquiries/questions regarding payment, contact the following sales office:
GSA, FAS, 4QSCC
77 FORSYTH STREET SW
ATLANTA , GA 30303
For inquiries/questions regarding contractual issues, contact the following sales contracting officer/property disposal specialist:
Auction Description and Bidding Rules
This is an English auction. At the close of the auction, the user with the highest bid wins the auction, as long as that bid is at or above the auction's reserve price. The reserve price is the lowest price accepted for the item.
Once you submit a bid, you cannot cancel it, but you can replace it with a higher bid. When you submit a new higher bid, it replaces your previous one.
Click the Bid History link to see the bids you have submitted in this auction (My Bids).
- Current High Bid
- 20,001 USD
- Reserve Price
- Reserve Price Amount
- Bid increment
- 75 USD
- Inactivity period
- Run length
- Inactivity period for reduction of Bid Increment
- Reduction of bid increment
- Reduction of bid increment limit
- 75 USD
- Start Time
- 04/27 12:50 PM CT
- Close Time
- 05/12 01:24 PM CT
This auction will end in one of these ways:
- At the auction close time if no bids (proxy or flat) are placed within the inactivity period, or the auction is not subject to a inactivity period.
- After the inactivity period has passed without any bids (proxy or flat) being placed.
Note: "N/A" or a blank indicates that the value is not available for this auction.
How To Bid
Placing a Bid
GSA Auctions only accepts minimum and maximum bids. A maximum bid is the maximum amount you are willing to pay for an item. Maximum bids are also referred to as proxy bids. When you place your maximum bid, GSA Auctions will use as much of your bid as needed to make you the current winner of the auction or to meet the auction's reserve price. The minimum bid you can place is either the starting price of the auction, or the current high bid plus the bid increment.
GSA Auctions only accepts bids in whole dollar amounts. Bids in partial dollar amounts, $150.25 for example, will not be accepted by the GSA Auctions system.
The reserve price is the minimum price that GSA Auctions is willing to accept for an item. If your maximum bid equals or exceeds the reserve price, your bid will be placed at the reserve price.
How Are Tie Bids Resolved in GSA Auctions? If a bidder places a bid with the same proxy bid amount as another bidder, the previous (first) bidder will have the current high bid since their bid was placed first. Both bids are recorded with the same amount, displaying the first bidder with the same amount as current high bid, until another bidder bids higher.
Competing Proxy Limits
When two proxy bids compete, the greater of the two proxy limits always wins. If the greater proxy limit exceeds the lesser proxy limit by the bid increment, then a bid equal to the lesser proxy limit plus the bid increment will be placed. If the greater proxy limit does not exceed the lesser proxy limit by the bid increment, then the greater proxy limit's maximum bid will be placed.
Increasing Your Maximum Bid
You can increase your maximum bid if you are currently the winner in an auction. To increase your maximum bid, enter an amount greater than your current maximum bid. Increasing your bid will not increase your current high bid.
Decreasing Your Maximum Bid
You can decrease your maximum bid if you are currently the winner in an auction. To decrease your maximum bid, enter an amount less than your current maximum bid. You cannot decrease your bid below the minimum bid price.
Maximum Bid / Proxy Bid
Your maximum bid or proxy bid, submits bids on your behalf. You specify the maximum price you are willing to pay. If you are outbid, the system submits a replacement bid at a higher price to keep you in the auction. It will bid as much as your maximum bid but no more.
Your maximum price is not shown to any other bidders.
If the system reaches your maximum bid limit, it stops bidding for you. Submit another bid if you want to continue bidding.
Winning & Trading
The highest bid at the close of the auction wins.
If your bid is lower than the reserve price, you will not win the auction.
Reduction of Bid Increment Notes
The reduction of bid increment happens when there is no bid activity within a specified time for an auction. The system will decrease the incremental bid amount by a percentage upto a limit based on template codes designed for this purpose. All auctions are not subject to the reduction of bid increment rule. Here's an example: A bid increment is set at $25.00 for an auction. A No-Bid-Period has been set for 2 days at a reduction rate of 10 percent and a reduction limit of $20.00. After 2 full days of inactivity for the auction, the bid increment will be reduced by 10 percent now making the current bid increment $22.00. 10 percent of $25.00 = $2.50 rounded to the nearest dollar $3.00. The reduction is repeated for multiple inactivity periods until the reduction limit is reached or auction closes.
Note: When "Compatible" bidding occurs (two or more bids of the same amount are submitted), the "high bid" is determined by GSA Auctions system's evaluation, based on the time of submission and/or by proxy.
To enhance bidder privacy, and protect GSA Auctions users from fraudulent emails, GSA Auctions has changed how User IDs are displayed on the bid history page. Only you can view your User ID, all other members will see anonymous user IDs, such as Bidder*.
As of February 14, 2009 bidders will be assigned the actual bidder number for the sale/lot based on when they placed their bid, if you are the first bidder for this sale you will see Bidder#1, if you are the second bidder you will see Bidder#2.
Bidders in the Auction (Current top 10 bidders)
| Bidder#15 (Current High Bid)
|| 20,001 USD
||05/12/2015 01:04:30 PM CT
|| 20,000 USD
||05/12/2015 01:00:42 PM CT
|| 19,046 USD
||05/12/2015 12:43:44 PM CT
|| 17,471 USD
||05/12/2015 11:47:48 AM CT
|| 16,375 USD
||05/12/2015 09:21:37 AM CT
|| 16,025 USD
||05/09/2015 03:27:40 PM CT
|| 15,854 USD
||05/09/2015 03:27:21 PM CT
|| 15,286 USD
||05/09/2015 11:07:20 AM CT
|| 14,625 USD
||05/09/2015 08:27:13 AM CT
|| 14,026 USD
||05/08/2015 08:48:18 PM CT
No bids currently
Please confirm location and directions with the property location point of contact prior to scheduling transportation or pickup.
(*) Possible Extension. See Bidding Rules.