Hundreds of people in the market for a new car are looking for a good deal Tuesday, thanks to the state.
More than 100 state-owned vehicles are being auctioned off in Frankfort.
Kentucky Finance Secretary Jonathan Miller says not only are the vehicles being offered at a good deal, they're also helping put money back into the state budget.
Miller auctioned off the first SUV before letting auctioneers take over.
The sale is expected to run throughout the day.
Anyone buying a car must make full payment within an hour of the last item being sold.
"These folks are getting some good deals on some good cars," Miller said. "And most importantly, the taxpayers are getting a good deal because all of this money goes back into the state coffers, helping us balance our books and pay for the services everyone cares about."
Last year's auction brought in more than $330,000. The totals from this year's auction won't be known until later Tuesday afternoon.
The vehicles are offered to city and county governments first, before being auctioned off to the public.