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Adam Stratton 
Orange Level Access
Joined: 11 Sep 2009
Location: SW MO
Points: 1363
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 Topic: Auction results
Posted: 19 Feb 2017 at 7:14am |
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Went to an auction down here yesterday. Beautiful weather and a huge crowd. Had a g, older restoration, not running for $1900 and a u on factory rear rubber and front cut downs. Motor was stuck. Bought $1200 or $1250. If I wasn't neck deep in projects I would have been very tempted by both. Had some rear steel that would have fit a wc but wasn't the usual style. I should have bought it at $150. Had what was left of c for $275? Had front cut downs and a few useable parts, but thought it was high. Also had quite a few manuals I was interested in but would have had to wait around another 3 hours or so and I was tired and hungry!
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jaybmiller
Orange Level Access
Joined: 12 Sep 2009
Location: Greensville,Ont
Points: 24762
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Posted: 19 Feb 2017 at 7:32am |
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Sounds like you did OK..got some fresh air and it didn't cost you a trip to the doghouse ! I gave up going to auctions up here.By the time you add on 'buyers fees','other stuff' then add 13% sales taxes it add 30-50% MORE than the 'sold' price.I sure wouldn't have paid 1900 for a 'restored' but NON running G and I've owned 3 of them.
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor)
Never burn your bridges, unless you can walk on water
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Richardmo
Orange Level Access
Joined: 12 Sep 2009
Location: Rolla mo.
Points: 1746
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Posted: 19 Feb 2017 at 7:58am |
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No taxes in Mo yet.
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AC7060IL
Orange Level
Joined: 19 Aug 2012
Location: central IL
Points: 3574
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Posted: 19 Feb 2017 at 8:52am |
 jaybmiller wrote:
Sounds like you did OK..got some fresh air and it didn't cost you a trip to the doghouse ! I gave up going to auctions up here.By the time you add on 'buyers fees','other stuff' then add 13% sales taxes it add 30-50% MORE than the 'sold' price.I sure wouldn't have paid 1900 for a 'restored' but NON running G and I've owned 3 of them.
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Ouch! Im doing some math. Is your buyers fee near 20-35%? Most farm equipment auctions are still no buyers fee & no tax around here.
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jaybmiller
Orange Level Access
Joined: 12 Sep 2009
Location: Greensville,Ont
Points: 24762
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Posted: 19 Feb 2017 at 9:31am |
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Here's just one example....
$100 item SOLD....
15% buyers preminum is $15
so far $115
$5 'paperwork' charge
now $120
5% credit card fee $6
now $126
13% taxes[HST, fed+prov] is $16.38
now $142.38
Nice huh !!!
so your $100 'treasure' costs you $150 !! I added a bit of gas money,maybe a coffee..
Jay
Edited by jaybmiller - 19 Feb 2017 at 9:34am
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor)
Never burn your bridges, unless you can walk on water
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bauerd44
Silver Level Access
Joined: 11 Sep 2009
Location: Wentzville, MO
Points: 350
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Posted: 19 Feb 2017 at 10:02am |
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Jay, ya forgot the pie to go with your coffee.
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Missouri Allis-Chalmers Club
CA Allis, 175 Allis, 185 Allis
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