Well I guess that settles the debate 007 ..... man, that's pretty steep, not so much the 5% but the $500 minimum. I remember checking out once the fees that are charged to put your ride on the Hemmings' auctions, I thought those were reasonable but I can't remember how much they were. I think once your vehicle goes through the two week auction and it doesn't reach your reserve, you then have the option of putting it up for sale where your once-hidden reserve price become the asking price and the top bid from the auction becomes the top offer in the sale category. BUT I don't believe the top bid/top offer is binding for the person who made that bid. That's the way I figured it works anyways. I watch the auctions daily, I would say a fair number of the listings do not meet the reserve. Also, Hemmings picks and chooses whether your ride gets into the auction in the first place I think.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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