It is all a function of how well the auctioneer is marketing the auction and bringing in buyers and weather those buyers are dealers or end users. A few years back they closed a ship yard in Sturgeon Bay Wisconsin, the company I worked for went there, we bought a power shear and a 90 ton ironworker for about 30% of what we figured we could get them somewhere else, Milwaukee drills and grinders- we could buy them new at Fleet Farm for less, who can figure? With the auctions I ran for the county It wasn't uncommon to move motor pool units at KBB "retail", two factors our employees knew the cars and would step up and buy an ex county car over something setting on a dealer's lot or in someone's front yard, second the local used car dealers were there and made sure I wasn't selling anything cheaper than what they were into their inventory for. One dealer stepped up a few times and was buying our cars at Kelly Blue Book Private Party price, said with transportation and travel expenses it was still better than buying at a dealer only auction. It was sometimes funny to deal with car buyers, one year I did sealed bids on our surplus motor pool cars. Some guy bid $2,500 on a Focus and included a two page letter about what was wrong with the car and why he wouldn't pay any more than $2,500 and I was ripping someone if I sold it for anymore. A local used car dealer bought it for $4,100 and didn't have it on his lot for 2 days before he sold it.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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