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Implement Alley Discussion Forum

Re: black jd cylinders

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12-16-2012 07:15:52

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It seems here that any small auction has a jockey that buys the good stuff and brings it to a larger auction to try and make money. Must work because the same jockeys keep coming back. There are no bargains on auctions anymore because of this. Which is ok..but sometimes I feel for those that have smaller auctions, because they need the money and someone else is getting it. Case in point-I went to a small auction last fall. Guy had had cancer, was an estate sale. One year old landoll vt(disk) 30k list price brand new. Auctioneer only got starting bid of 6k. I bid it up to 10k, was all the money I had that day. Jockey bought it, put it on his own large sale two weeks later. I didnt make it to that auction, but I surely wished the widow could have gotten that money instead of the 10k she got..

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12-16-2012 07:28:54

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 Re: black jd cylinders in reply to johnwayne360, 12-16-2012 07:15:52  
I'll tell you the truth,if I was going to retire,I wouldn't even have an auction. I'd pick out a few good pieces and advertise them,then the rest would go straight to the crusher. It's just 2 miles from me anyway. A guy just over 2 miles the other side of the crusher had an auction two and a half years ago. There were scrappers there from as far as 150 miles away. I'll bet at least 80% of his stuff got scrapped. He paid the commission,they bought the stuff,hauled it two miles and they still made money. Just doesn't seem right. I bought the grinder mixer and a parts tractor,the tractor would have no doubt gotten crushed if I hadn't bought it for parts,but there were two other things that I bought from scrappers after the sale. Had second thoughts about them after they sold,decided they were worth a little more to me to use than they were going to bring at the crusher.

There's one old guy here that has a used equipment lot who buys a few things,but he doesn't turn around and take them to another sale. He puts them in his yard and resells them. Only seems to deal in better quality stuff,but he buys the stuff so cheap that he can put a reasonable price on it and still makes a little money to supplement his retirement.

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12-16-2012 09:32:42

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 Re: black jd cylinders in reply to rrlund, 12-16-2012 07:28:54  
'Here' there's not a lot of good smaller machinery around anymore and there are still people who need it. SO, somebody buys something cheap out 'there', adds on the trucking and puts on their used machinery lot. When one goes to an auction locally, one bases the maximum bid price on what one would pay at the dealer. If the dealer bought a piece for $500 and has it for sale for $2500, a winning bid of $1800 for the same piece at auction is a deal. I know this makes the guys who live where said machine is worth $500 shake their heads.

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