Austin, Texas (AP) — For every great vehicle sold on eBay, there’s a good chance a good portion of the buyer’s hard-earned money was stolen or misused.
It’s not uncommon for some of the world’s best collectors to spend years scouring the globe for treasures and making a killing for their favorite sports cars.
For a lot of sports cars, that’s not exactly the case.
The cars listed on the auction sites are worth much less than the original owners or their heirs.
They’re a fraction of what they would be if they were still owned by their original owners.
So the goal is to get the best possible deal on a car for sale.
And that’s where the Austin Police Auction Group comes in.
The group is making a name for itself with auctions that fetch millions of dollars, including a $300,000 Porsche 911, which it sold for $1.7 million.
It also sold an autographed Jaguar XK220 for $300K, a Bentley Continental GT and a Bentley Flying Spur for $100K and a Lamborghini Aventador for $90K.
The auction site is one of several in Texas, with others in California, Florida, New York and Nevada.
The group said its auctions have drawn a record $100 million.
The company’s website is at www.policeav.com.
More:How to Find a Texas Auto Auction in Your StateThe Austin Police auction group is a partnership between the Austin police department and the city of Austin.
The city is working to open up more parking lots and make it easier for people to rent parking spaces.
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