It is all a function of how well the auctioneer is marketing the auction and bringing in buyers and weather those buyers are dealers or end users. A few years back they closed a ship yard in Sturgeon Bay Wisconsin, the company I worked for went there, we bought a power shear and a 90 ton ironworker for about 30% of what we figured we could get them somewhere else, Milwaukee drills and grinders- we could buy them new at Fleet Farm for less, who can figure? With the auctions I ran for the county It wasn't uncommon to move motor pool units at KBB "retail", two factors our employees knew the cars and would step up and buy an ex county car over something setting on a dealer's lot or in someone's front yard, second the local used car dealers were there and made sure I wasn't selling anything cheaper than what they were into their inventory for. One dealer stepped up a few times and was buying our cars at Kelly Blue Book Private Party price, said with transportation and travel expenses it was still better than buying at a dealer only auction. It was sometimes funny to deal with car buyers, one year I did sealed bids on our surplus motor pool cars. Some guy bid $2,500 on a Focus and included a two page letter about what was wrong with the car and why he wouldn't pay any more than $2,500 and I was ripping someone if I sold it for anymore. A local used car dealer bought it for $4,100 and didn't have it on his lot for 2 days before he sold it.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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