Thu Feb 11, 2016 11:58 pm
You never know what the price might be... I've seen things go for a decent price, some stuff go for retail and some stuff for a bargain. You need to set in your mind a head of time a price and not exceed it and then bid accordingly.
There are deals to be had. For example I bought a suit case fish house for $8 and sold it on CL for $100.
The buyers premium of 10% is K-bids cut. A lot of auction houses have a BP now days. And don't forget Mn sales tax too. So if you bid $100, it'll be about $117. And if you use plastic add 3% too, so about $121
And remember you need to factor in if you are close to the auction location (as Nelson said, often it does not pay if you have to travel a long ways unless of course it is for a big ticket item like a vehicle, etc..). And can you get there during their prescribed pick up hours and day? That last 1 is a deal breaker for many guys.
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God, help me be the man that my dog thinks that I am.