Posted by oldtanker on September 26, 2013 at 20:49:00 from (66.228.255.116):
In Reply to: Auctions posted by DeltaRed on September 26, 2013 at 07:17:02:
1. I don't bid on anything I can't use.
2. I know the value of anything I'm interested and only go as high as 50% of that value.
3. I never violate rule 1 and 2.
Was interested in an item a couple of years ago. Went to the auction and would up with an old school hub puller, a 6" angle grinder and the item I wanted. Was funny on the one thing. Only one other bidder. I figured I would go to $800 and I started the bidding at $50. Was only one other guy bidding on it. Both of us would bid right away without playing any mind games. When the item got to $350 the other guy hesitated. I knew at that time that I had it cause he was close to his limit. I got it for $385. When I won the bid the guy just glared at me. I was laughing pretty hard about that for a long time. I do wind up passing on far more than I buy because of my rules. Good thing I don't have lots of money.
Auctions are a social event here. I really enjoy going to them so even if I buy nothing I still have entertainment.
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