Once when I had a used car dealer's license, I took an Olds Cutlass to the dealer's auction in Lincoln, NE. I put a $3400 protection price on it. Like you said, the paperwork was rigged so the auctioneer knew the seller's bottom dollar.
The bidding stalled out on the Olds at $3250. The ringman asked me if I'd let it go for that. I told him I had to have $3400.
The ringman replied, "We've only got one guy bidding. We'll work on him some more".
The started the bidding again and pretty soon they hit $3400 and sold it.
Sometimes on those dealer auctions, I think there are as many deals made in the parking lot as in the auction ring. And you can get permanently barred from the auction if you get caught.
I took an old Buick to the same dealer's auction once and put a $1400 protection price on it. A dealer I knew had high bid at $1250 and it was a no sale. A few minutes later the dealer asked me if I'd take $1250 if I didn't have to pay the auction commission. I told him I would. He told me to let the car sit in the lot with the keys in it and if I met him in the far corner of the lot he'd slip me a check.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
