Not here in MN. We have what's called a GSA (General Services Administration) auction. The Crown Vics are usually between $4-$7k here, and they usually have really high mileage on them. They go for so high because they are still well under book and the cab companies really like them. You'll also find work trucks, Blazers, Cherokee's, and sedans. They go for okay money. Sometimes higher than a good private party though, YIKES!
As far as an actual Police seizure auction, you never know what you are going to get. Usually it's junk, otherwise the owners would have already claimed the vehicles out of impound. Sometimes they have a few good cars, mostly worth well under 3k, and I'd say the chances of finding a decent Mustang at one around here is bad. The cars many times do not come with keys and they have to be re-titled. Plus you don't get a chance to hear them start, run, or even see them drive. Could be buying a stone.
They also have a refundable bidding deposit most of the time of like $100 just to get in. They are kinda fun to attend though.
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