California's DMV profits from impounded car auctions. State lawmakers want to change that

Currently, the Golden State can keep the profits from the auction of a car without notifying the owner.
Hosted on MSN

California bill targets DMV's $8M in unclaimed auction funds

California lawmakers are moving to end a long-standing DMV practice of keeping surplus funds from impounded vehicle auctions without notifying owners. Senate Bill 1029 would require the DMV to inform ...

California’s DMV Auctioned 5,300 Cars To Cover Debts, Then Kept The Change

State lawmakers are pushing a bill to stop the DMV from keeping surplus auction money without notifying owners ...
Taiwan News

BROAD ARROW AUCTIONS SETS NEW BENCHMARK FOR GORDON MURRAY AUTOMOTIVE T.50 WITH $8.035 MILLION RESULT ON THE CALIFORNIA MILLE

Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is thrilled to announce the result of a unique, single-car auction—the ...