Re: Farm Auctions and how they are run?

Posted by mjbrown on January 30, 2007 at 04:54:33 from (128.253.49.235):

In Reply to: Farm Auctions and how they are run? posted by B. Abseck on January 29, 2007 at 16:23:35:

I learned that it is a good idea to check the prices of the
same equipment at a dealers and use that as your gold
standard. If you buy from a dealer you have some one
to go to if the item has problems. If you buy at auction
it's "as is where is" so you want to pay less than the
gold standard , much less. If it goes higher (and it often
does) you don't want to be the one takeing it higher.
You see all kinds of wheeler dealers at autions. I once
bid on a haybine that quickly went too high for me. A
guy who got right up front like he was hot to bid never
did. He watched who did bid and after the haybine was
sold he approached an unsuccessful bidder and
offered his haybine at home for what the bidder
dropped out at. I bought it and used it for years.

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