Posted by Goose on December 06, 2007 at 19:41:38 from (199.184.119.22):
In Reply to: Auction Scumbags posted by Formerly PaMike on December 06, 2007 at 15:40:11:
I used to have an auto dealer's license along with a full time shop. The dealer's auctions are not for the faint of heart.
I was once looking over an S-10 Blazer, and while poking around under the hood I found the hose to the vacuum solenoid that engages the 4wd was pulled off and stuck behind a wiring harness. Someone obviously wanted to buy it and then take it to arbitration, claiming the 4wd didn't work. I replaced the hose and the 4wd engaged fine. Turned out I bought the vehicle and made decent money off of it. And that's routine stuff.
But, at a place like the Omaha Auto Auction with 5 rings running at the same time, the potential for shenanigans is mind-boggling. I gave up on dealer auctions after I found out I could buy "fixer-upper" vehicles out of the classified ads and make more money.
And it's not just machinery and vehicles. After my mother-in-law died, we had an auction that included some antique dishes and glassware. There was a particular cut glass vase, worth about $350, on a table with like items. Three times I saw a lady (?) bury it in a box of junk worth maybe $5. After the third time, I timed it so I put the vase back where it belonged just before the box of junk was sold. The auctioneer was a family friend, so I assume he was clean.
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