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  5. ›PUBLIC VEHICLE SALE FOR RISOLDI'S AUTOMOTIVE

City of Trenton·New Jersey

PUBLIC VEHICLE SALE FOR RISOLDI'S AUTOMOTIVE

Closes 11/13/2026$30k – $80kInvitation for Bid
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Description

The City of Trenton is conducting a sealed‑bid public vehicle sale for RISOLDI’S AUTOMOTIVE. Interested bidders must submit sealed envelopes by November 13, 2026, 11:00 AM. Vehicles will be inspected on November 4, 2026, and are sold “as‑is” with no warranties; the highest bidder for each vehicle wins. A 10 % cash deposit is required, and the buyer must pay in cash and remove the vehicles within ten calendar days at their own expense. The sale includes seven vehicles ranging from passenger cars to a heavy‑duty dump truck, with minimum bids of $5,188.13 and a maximum combined value of roughly $72,000. • Location of vehicles: 25‑39 Muirhead Ave., Trenton, NJ (609) 393‑3040 • Inspection: 9:00 AM – 3:00 PM, November 4, 2026 • Bid submission: sealed envelope to Isabel C. Garcia, 319 East State St., Trenton, NJ 08608, by 11:00 AM, Nov 13, 2026 • Deposit: 10 % of total bid, cash or certified check, payable to City of Trenton • Removal: buyer must tow vehicles within 10 days after payment; deposits forfeited otherwise • Virtual bid opening via Zoom on Nov 13, 2026 at 11:00 AM

Attached files

Contact

Isabel C. Garcia(Purchasing Agent)

(609) 989-3139

Key dates

Opened
10/20/2026
Site visit
11/4/2026
Closes
11/13/2026
Duration
10 days

Last updated

Details

Type
Invitation for Bid
Industry
Wholesale
NAICS
441120
Solicitation №
BID2026-95

Budget estimate

$30,000 – $80,000

The seven vehicles have minimum bids of $5,188.13 each (six cars) and a top bid of $40,917.03 for the heavy‑duty dump truck, yielding a total potential revenue of roughly $72,000 if all vehicles sell at the maximum listed amounts. Realistically, bidders may secure only a subset of the inventory or bid closer to the minimums, so the expected earnings could range from about $30,000 (partial sales at minimum bids) up to $80,000 (full inventory sold at or above listed maximums). Factors influencing the final amount include market demand for used cars, condition of each vehicle, and competition among bidders.

AI estimate from the solicitation

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