AUCTION RITUALS
Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=162107
Printed Date: 02 May 2024 at 3:45pm
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: AUCTION RITUALS
Posted By: FREEDGUY
Subject: AUCTION RITUALS
Date Posted: 21 Jun 2019 at 5:35pm
| When you guys attend a "farmer/retirement" sale, other than the obvious engine dipstick check, do you pull the "sticks" for the hydraulic/tranny compartments also? I am inquiring on a 100 series tractor for my question, but ALL models are welcome. If so, other than the color/aroma of said fluids,what would you be "leery" of? Thanks |
Replies:
Posted By: DiyDave
Date Posted: 21 Jun 2019 at 5:41pm
ANYTHING THE AUCTIONEER SAYS...  ------------- Source: Babylon Bee. Sponsored by BRAWNDO, its got what you need! |
FREEDGUY wrote:Posted By: TimNearFortWorth
Date Posted: 21 Jun 2019 at 5:52pm
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Someone that cares about maintenance typically list the hours and date of change on a filter, something I look for when viewing a unit. This gives me an idea on maint. if the unit is "still currently in use". When I see an ad, or unit in person that has rust on the outside of a filter, I walk away but that's just me. A small flashlight held by someone on the engine side of the rad while you view how easy it is to see through it from the front can also give an idea on maintenance. Short of working it to run it thru the gears, most any auction is a crap shoot so you take your chances and bid accordingly . . . .
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Posted By: Red Bank
Date Posted: 21 Jun 2019 at 6:02pm
| If I was dead serious I would try to look at it the day before or get there early. Also usually there is always some guy usually “that guy” that will be all over the machine and I just shadow him and watch closely without acting like I am too serious about the machine. Around here it’s a big poker game going to auctions and if you want it you can’t let them see it. It’s got to the point I can’t really look at Allis stuff without someone taking note and then running the bids up. But that’s just here. |
Posted By: plummerscarin
Date Posted: 21 Jun 2019 at 10:06pm
| Both 7000 series I bought had leaking top tanks on the radiators. They did not have visible signs of leaking and I don't know how you could take a close look without being obvious to the "competition". Maybe 100 series don't have those problems. I did not care who saw me check hydraulic fluids. Many others check from my observations. |
Posted By: ac fleet
Date Posted: 22 Jun 2019 at 9:30am
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most any auction is a crap shoot so you take your chances and bid accordingly This is true!! and no they don't tell you of the problems! They want top dollar and do whatever they have to in getting it!
------------- http://machinebuildersnetwork.com/ |
Posted By: TimCNY
Date Posted: 22 Jun 2019 at 9:38am
| Red Bank, ditto here! 100% of the auctions I've been to, some one or other finds what they want and they (and sometimes their family as well) literally sits on the piece. They glare at anyone that comes near. Every once in awhile I have a little fun when I see it happen, especially if they're giving someone a hard time about looking at it; I go over, look excited, pull out my cell phone and (without dialing of course) tell my brother-in-law that he has to get over here NOW and bring all the money he can get his hands on, that whichamajigger he's been searching for is RIGHT HERE!!! Anyways... |
Posted By: herm0016
Date Posted: 22 Jun 2019 at 10:00am
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don't go to an auction with expectations. I latest one had people paying 13k for a gas 4x4 gater with over 10k hours on the broken meter... 450 for a old rusty back blade, 150 each for rusty and bent 12 foot cattle panels. I picked up a camp chef 2 burner propane stove for 35 bucks though ------------- 5020 MFWD Power steering |
Posted By: Nathan (SD)
Date Posted: 22 Jun 2019 at 2:12pm
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Years ago I was standing by an 806 at a consignment sale. 2 guys past retirement age are inspecting it with extreme enthusiasm. One notes to the other how good the oil looks. The guy next to me blurts out to them that he saw someone change the oil while it was sitting here. It really took the wind out of their sails. He was full of crap, but it could of happened. |
Posted By: FREEDGUY
Date Posted: 22 Jun 2019 at 4:23pm
LOL!! Did the guy "next to you" take the tractor home ??
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Posted By: DougG
Date Posted: 22 Jun 2019 at 5:07pm
| I was at an auction where there was a decent 7030 selling, estate sell,, had a leak on a fuel line, I checked it out had a pillars, and tighten it up, pissed him off, went back a little later same leak, tighten it back up,, a perfect loser there |
Posted By: chaskaduo
Date Posted: 22 Jun 2019 at 5:18pm
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Ya know, there were reasons we got wuppins when we were kids. ------------- 1938 B, 79 Dynamark 11/36 6spd, 95 Weed-Eater 16hp, 2010 Bolens 14hp |
Posted By: Gary Burnett
Date Posted: 22 Jun 2019 at 5:48pm
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I've bought a good number of tractors at auctions over the years,nothing different than buying anywhere else really.Just check it over if you can,get to the auction real early so you can see what is going on and maybe meet someone that knows something about the tractor and isn't trying to buy it.Most auction tractors I have bought have turned out to be pretty good deals.Some real good deals like the two MM Z tractors one with new tires I bought for $25 each. |
Posted By: WF owner
Date Posted: 22 Jun 2019 at 6:23pm
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If I'm interested in a tractor at an auction, I try to check every fluid in the tractor for level and contamination. I check the whole tractor for signs of leaks. I check the general condition, including the sheet metal. I look the whole tractor over for signs of previous repairs and welds. If possible, I start the tractor before it is sold and do my personal evaluation of how it starts, shifts, clutch adjustment, hydraulics, PTO, steering, brakes, etc. I check closely the condition of rear rims and tires. If it has a tach, I look at the hours on it and look at the pedals, drawbar and three point hitch arms to see if I think the hours are right. I look at the condition of the other equipment at the auction to see if it looks like it has been well cared for or abused. In short, I try to evaluate an auction tractor the same way I would buy from any other tractor that is for sale. I decide what my top bid will be and I try to stick to that when it's being sold. I don't get into the "head games" from others. If it's something I want and I think it's in the right price range, I buy it. Otherwise, I pass and let someone else own it. |
Posted By: DiyDave
Date Posted: 22 Jun 2019 at 6:28pm
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Was at an auction, today, watched some dumbass spend $275 on a set of these... https://www.lowes.com/pd/CRAFTSMAN-16-Piece-Standard-SAE-and-Metric-3-4-in-Drive-12-point-3-4-in-Shallow-Socket-Set/1000596363" rel="nofollow - https://www.lowes.com/pd/CRAFTSMAN-16-Piece-Standard-SAE-and-Metric-3-4-in-Drive-12-point-3-4-in-Shallow-Socket-Set/1000596363 Correction, the $275 auction set was standard, only...
------------- Source: Babylon Bee. Sponsored by BRAWNDO, its got what you need! |
Posted By: Wayne180d
Date Posted: 22 Jun 2019 at 8:12pm
| Around here at an auction tools usually bring more than they are worth because Fred ain't gonna let john buy that set of tools for nothing and runs him up. I see it all the time. I make up my mind what I am going to pay and quit when I reach that limit. I have made several good buys on tractors at auctions. Just my observation. |
Posted By: GARY(OH/IN)
Date Posted: 23 Jun 2019 at 12:12am
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Don't wear your "going to an AC show" clothes to the auction. I hate chattel auctions when you waste the whole day waiting for an item or two. |
Posted By: Dusty MI
Date Posted: 23 Jun 2019 at 7:43am
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I dislike Buyers Premium so much that I will not go to an auction that uses it. If everyone did the same it would disappear. ------------- 917 H, '48 G, '65 D-10 series III "Allis Express" |
Posted By: MACK
Date Posted: 23 Jun 2019 at 7:44am
| When you go to a dealer, that tractor has been cleaned, polished, oil leaks covered up and dirty oil changed. So which tractor do you want? One in work clothes or one just warring a suite? The dealer will tell you just what you want to hear. MACK |
Posted By: victoryallis
Date Posted: 23 Jun 2019 at 8:04am
Honestly what difference does it make? Mentally figure I will spend up to X dollars just add in the buyers premium. Just like trucking would you pay the same for a tractor in California as the next county over? ------------- 8030 and 8050MFWD, 7580, 3 6080's, 160, 7060, 175, heirloom D17, Deere 8760 |
Posted By: exSW
Date Posted: 23 Jun 2019 at 8:36am
X2 I can see it for credit /debit card costs but that's it. Another thing is I'm seeing Auctioneers /Realters double dip taking their Auctioneers % and Real Estate brokers % on property sales.
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Posted By: WF owner
Date Posted: 23 Jun 2019 at 12:50pm
I agree Mack. At an auction everything is being sold. It isn't something that was traded in that may have a serious problem. At an auction, you can tell a lot by looking at the other equipment and the place in general. If everything is is disrepair, chances are more than good the tractors didn't have excellent care or maintenance.
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Posted By: Pat the Plumber CIL
Date Posted: 23 Jun 2019 at 8:33pm
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My brother says the best auction to go to is a dead man's auction. Family is selling everything and everything goes . Not selling because it is wore out or junk .Not as fond of Downsizing sales where they don't sell everything and there are reserves if they don't bring what the seller wants. Hardly go to auctions anymore. Whatever I bid on goes up , up , and away . Main thing at any auction is to make sure you can see who you are bidding against ------------- You only need to know 3 things to be a plumber;Crap rolls down hill,Hot is on the left and Don't bite your fingernails 1964 D-17 SIV 3 Pt.WF,1964 D-15 Ser II 3pt.WF ,1960 D-17 SI NF,1956 WD 45 WF. |
Posted By: DougG
Date Posted: 23 Jun 2019 at 8:54pm
| Pats brother is right! Absolute auctions are best |
Posted By: Gary Burnett
Date Posted: 24 Jun 2019 at 5:36am
I agree I don't see the big deal about Buyers Premiums,I'm only going to pay a certain amount total for something.Why would I care how the money is split up? I actually am inclined to attend auctions with Buyers Premiums because I know a lot of people won't show up because of it.
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Posted By: Gary Burnett
Date Posted: 24 Jun 2019 at 5:41am
Must be a lot of people that feel the same way because things from a "Dead Man's Sale" will go high most times. I've bought some of my best biggest bargains at Consignment Auctions BTW especially in the Fall and early Winter when people are hunting,spending money on the holidays etc.Another good time is in Summer when the temperature is in the high 90's and the humidity is thru the roof.
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Posted By: jaybmiller
Date Posted: 24 Jun 2019 at 6:02am
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The problem with buyer's premium is you can easily forget about that ,'in the heat of the sale'...... Locally the BP is 15% ! So $100 is $115 BEFORE taxes ( another 13%) so $130 'out the door'. THAT'S just plain crazy... NOW ,some places have a 'loading fee'( small % or fixed amount) on the bills even though YOU loaded it yourself ! Now if you can buy privately... that $100 item will only cost you $100, saving you 30$ or over 30% SAVED ! ------------- 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 |
Posted By: JayIN
Date Posted: 24 Jun 2019 at 1:07pm
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Buyers premiums can kiss my arse. I wont go. ------------- sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?" |
Posted By: CAL(KS)
Date Posted: 24 Jun 2019 at 1:28pm
The difference is in a regular auction, the auctioneer takes a % or cut from the seller. Buyers premium tacks it on the buyer. Taking into account the extra $ isnt the issue, its the principal of having to spend more money after winning the bid, to pay for someone else's auction. So I will give these auctions the middle finger every time. Ranks right up there with paying taxes on a used vehicle purchase. Middle finger to county courthouse as well.
------------- Me -C,U,UC,WC,WD45,190XT,TL-12,145T,HD6G,HD16,HD20 Dad- WD, D17D, D19D, RT100A, 7020, 7080,7580, 2-8550's, 2-S77, HD15 |
Posted By: Fred in Pa
Date Posted: 24 Jun 2019 at 2:43pm
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My Dad bought tractor from a dealer , tractor had a lot of problems witch took awhile to work out . The dealer told Dad he did not really know it was going to be so many things wrong . Dad told him well U told me this tractor was in A - 1 Shape . You give me the A-1 and kept the Shape . Only real thing to do is look it over best you can n take a chance witch is 90% of the time is what you do at auction .Even things that where well maintained develop problems . ------------- He who dies with the most toys is, nonetheless ,still dead. If all else fails ,Read all that is PRINTED. |
Posted By: 200Tom1
Date Posted: 24 Jun 2019 at 4:40pm
| Yep I don't care how bad I need something, if there is a buyers premium, I'll go buy a new one before I pay a buyers premium. I won't attend a sale with one. |
Posted By: exSW
Date Posted: 24 Jun 2019 at 6:59pm
Usually it's someone that can't afford the piece anyway but not always. I went to a collectors liquidation a few years back. Guy had two basket case TD-6's and a bunch of new parts. Since I had a TD-6 at the time I figured $2500.00 would keep me in spare parts until the dirt nap. There was a guy and his wife in beach chairs sitting near them watching the auction. Come time for the dozers I stuck my hand up and left it up. So did the guy camped out. We blew through $2500.0 as fast as Russ Kiko could rap and I surrendered. Turns out all this guy did was buy,fix and sell small dozers. He said he was willing to go to $5000.00 just to keep me out or make me pay full retail.
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Posted By: victoryallis
Date Posted: 24 Jun 2019 at 9:14pm
Good one less person to bid against. My math skills are good enough to know if I budget $10,000 for a item and they have a 10% premium I can pay $9,000 and be ok. ------------- 8030 and 8050MFWD, 7580, 3 6080's, 160, 7060, 175, heirloom D17, Deere 8760 |
Posted By: cabinhollow
Date Posted: 25 Jun 2019 at 5:37am
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When to a livestock sale yesterday. A guy I know decided he wanted 2 feeder pigs. Should of sold for $15-$20 each. A couple of the penhookers seen how bad he wanted them and ran him up to $55.50 each. |
Posted By: OldSchoolRecovery
Date Posted: 25 Jun 2019 at 10:28pm
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I get better deals at consignment auctions. Around here, there is both a buyers and a sellers fee. % is based on amount. Anywhere from 3% to 12%. As an example, if an item sells for 1000 bucks, the seller gets 845 ($25 dollar lot fee) and the buyer pays 1100+tax. Auction house makes 225 bucks. As my cousin says "cost of doing business". Anyway, if you can't figure it out (the buyers premium), then you probably should not be bidding. And, you should have a good idea of what you going to bid to also. And, from my many years of auctions, there is no real strategy to bidding. Just go to the number you had figured and walk away. I hate the guys who string it out. Not sure what they are trying to do. I still have my number and will stop when it gets there, and bid it up as quickly as I can. No sense in dragging it out. My favorite time was when I was looking at and bidding on a "dead" truck. In the ad, and posted on the truck, "truck does not start". For three hours, before bidding and while actual bidding was taking place at least a hundred guys got in it and tried to start it. Can't believe the battery lasted that long. I didn't get it. Ran it up to 2,800, stopped and the next guy got it for 2,900. Took all of about three minutes.. 2,800 was my number. One caveat would be when the bid is jumping by 100's and my number is $650, I will let them know that, by saying 650, etc. My last tractor was $650.00. LOL.. And, that is all that everyone does is pull the dipstick on every piece of equipment. I laugh. It's not like anyone would change the oil before bringing it to the auction if it had a head gasket leak. I like dark used looking oil. Fresh oil, you never know.. Just sayin, Carl ------------- 1942 Farmall H 1940 Allis B 1944 Allis B 1945 2N 1947 8N 1948 8N 1951 8N 1949 JD M 1951 JD A 1951 JD AW 1951 WD 1952 Allis D Grader 1957 D14 1958 D17 1961 Case 440L 1963 IH Lo Cub< |
Posted By: John (MO)
Date Posted: 26 Jun 2019 at 7:31pm
| Best auctions are those others don't go to. Too hot, too cold, don't like the auctioneer, buyers premium, it don't matter why. $100 is $100, whether it's $10 for the bid and $90 for a premium or $100 bid and no premium. If you can't do grade school math, go to an overpriced sporting event instead. |
Posted By: JohnCO
Date Posted: 26 Jun 2019 at 11:51pm
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When I bought my bucket truck a few years ago, it was written on the windshield,"doesn't run, leaks fluid". I bought it for $3,000, I'd talked to one of the lot guys who told me it had been driven off the trailer. Discovered the batteries were weak and the leak was a water pump gasket, which cost $7. I'd originally planed to just make a trailer out of it and tow it with my Freightliner or a tractor, but it turned out to be too nice a truck. Still driving it. One of my best auction buys. I've never had the nerve to try it but I know some people just bid the price they are willing to pay, at the beginning and quit bidding, some times it works, usually it doesn't. Watched a guy buy a couple good 38" tires on IHC rims for $400, auctioneer was trying to get $100 at the time, nobody bid him up. Probably worth nearly twice that. ------------- "If at first you don't succeed, get a bigger hammer" Allis Express participant |