February 26, 2004

By: Sergei Bergen
Website: http://www.1st-in-cars.com

Government-Forfeited Luxury Sports Cars To Hit Online Auction Block On Bid4Assets

Bid4Assets, Inc., a leading online auction marketplace that uses technology to maximize return, today announced that it will auction five luxury automobiles forfeited to the U.S. Marshals Service. The online auctions will be held through June 26 and 27 on the Bid4Assets Web site. Bid4Assets has been conducting asset sales for the U.S. Marshals Service since December 1999, and sold a 1999 Lamborghini Diablo Roadster for $202,000 in January 2002.

The luxury cars to be auctioned online include the following:

·1999 Lamborghini Diablo MOMO. The auction will be held on the Bid4Assets Web site June 25 – 27. Bidding begins at $137,200 for the yellow car with mileage of 865. A physical inspection will be held in Indianapolis.

·2000 Jaguar SJE Vanden Plas. The auction will be held on the Bid4Assets Web site June 25 – 27. Bidding begins at $27,600 for the gray car with mileage of 2,484. A physical inspection will be held in Indianapolis.

· 1999 Jaguar XK8 Convertible. The auction will be held on the Bid4Assets Web site June 25 – 27. Bidding begins at $27,000 for the red car with mileage of 6,890. A physical inspection will be held in Indianapolis.

·1994 Mercedes Benz SL 500. The auction will be held on the Bid4Assets Web site June 24 – 26. Bidding begins at $50,000 for the black car with mileage of 33,445. A physical inspection will be held in Tampa.

·2000 Jaguar S-Type. The auction will be held on the Bid4Assets Web site June 24 – 26. Bidding begins at $20,200 for the black car with mileage of 26,215. A physical inspection will be held in Daytona.

Photos, specs and other due diligence information is available online. Interested buyers can contact Bid4Assets with any questions or to schedule an inspection by sending an email to service@bid4assets.com.

We are pleased to continue to work with the Marshals Service to sell their luxury automobiles more quickly and efficiently online, said Bid4Assets president and CEO Rick Zitelman. Luxury car enthusiasts can find the information they need to make a buying decision online.

About The Author:

Sergei Bergen is a successful author and regular contributor to http://www.1st-in-cars.com.  Great car accessories and parts plus financing, insurance and leasing tips.