Around here, west-central Wis, several auctioneers and auction companys charge a buyers premium of 13% less 3% if you pay cash. I try to stay away from auctions with buyers premiums. 1 auctioneer told me "everybodys doing it--get use to it" He can get use to seeing me less. One MN. auctioneer told me he wouldn't have got an auction if he didn't charge the 10% to the seller and 10% buyers fee. Like I really care. I wish more people would complain to the auctioneers about this. We have an auction company in our area charging [on a consignment, Farm Machinery, sale] a 15 dollar consignment fee, for all items consigned, plus 15% of the selling price, I belive up to 500 dollars. then percentage drops. It is showing in the last auctions--hardly enough machinery to have a sale.I would like to see the greedy auctioneer, the one, charging a buyers premium, go out of busines.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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