U.S. Marshals Service to Sell Luxury Automobile Online
SILVER SPRING, Md., Jan. 17 -- Bid4Assets, Inc. a leading full-service asset disposition and advisory company, today announced that it has been exclusively commissioned to auction a 1986 Rolls-Royce Corniche II convertible that was seized by the Drug Enforcement Agency and forfeited to the U.S. Marshals Service. The online auction will be held Jan. 24 - 31 on the Bid4Assets Web site located at http://www.bid4assets.com . Bid4Assets has conducted more than 50 successful asset sales for the U.S. Marshals Service, including the sale of a 1994 Lamborghini Diablo for $125,000 in September 2000.
The vehicle is located in Dayton, Oh. The car has a clean vehicle history. Bidding begins at $31,570. Photographs and other due diligence materials are available online at http://www.bid4assets.com . The car will be available for inspection on Jan. 18 from 12:00 p.m. - 2:00 p.m. ET. Interested buyers must schedule an appointment by contacting Bid4Assets at 1-877-427-7387 or by sending an email to service@bid4assets.com.
``We're leveraging the Internet to broaden our reach and return more proceeds to the Asset Forfeiture Fund,'' said Jim Herzog, program manager, U.S. Marshals Service. ``Ultimately, the biggest beneficiary is the tax-payer.''
``Car enthusiasts can take advantage of this opportunity to bid on a luxury automobile at competitive prices,'' said William Taylor, deputy U.S. Marshal. ``We're making this automobile accessible to the public. All available information to make an informed buying decision has been posted online. In addition, interested bidders can 'kick the tires' at a physical inspection on Friday.''
``Bid4Assets is excited to work with innovative government agencies, like the U.S. Marshals Service, for the sale of forfeited assets,'' said Rick Zitelman, president and CEO of Bid4Assets.