I would say that more have a buyers premium now than don't. I don't know if it's 90%, but it's up there. One of the smaller local sales I go to doesn't. The big industrial outfits do. Ritchie Bros do on items under 2500 dollars. It doesn't seem to hurt their attendance or their selling prices either. BP's are something I find annoying, but at the end of the day I can still figure out what I'm paying when I'm bidding and bid accordingly. Mabey if more stoped and though about their bids they wouldn't bid so high... Again, fo me, it's just an annoyance. I'm still only going to pay what I'm going to pay, and that's it. What seems to work for RB's is this: They have no reserve. Everything is AS IS, WHERE IS. You inspect it before you bid. They don't allow buybacks. They WILL BAR YOU if they catch you buying it back or having a friend bid it back for you... and they'll bar the friend too. Then they call the law to get some charges going on you. They're very serious about the integrity of their sales.... perhaps why they're so busy and why they get such high prices.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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