Posted by DoubleR on March 16, 2013 at 07:39:33 from (198.105.230.174):
In Reply to: Tractor auctions posted by Harvey 2 on March 15, 2013 at 15:02:32:
I always make sure of the terms when I sign in. If there's a buyers premium I usually don't buy. I also make it clear that anything I buy will be farm use and tax except. I may have to fill out a form for my tax except status if the auctioneer doesn't already have one on file. Most farm sales in Michigan, where I live, don't have sales tax or buyer premiums. It normally the consignment sales where you have to watch. I was at a farm sale a few years ago here where they did have a 10% buyers premium. It was a popular Mi. Auction Co. too that normally never has a B.P. They sold some 100,000 dollar plus pieces of equipment. I though there was going to be a riot afterwords when a couple of farmers found out there bill was over 10,000 dollars more than they thought it was going to be. I know I sure as heck would have checked the terms before I spent that kind of money, not that I would ever have that kind of money to spend.
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Today's Featured Article - The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o
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