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 Do you watch Auctions?

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5 posters
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Mudnman
Super Scooter Rider
Super Scooter Rider



Number of posts : 218
Location : Florida
Points : 3423
Registration date : 2014-01-15

Do you watch Auctions? Empty
PostSubject: Do you watch Auctions?   Do you watch Auctions? I_icon_minitimeThu May 29, 2014 9:37 pm

http://salvagemotorcycleauction.com/auction/21521724/2009_HONDA_FSC600D
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Greysilver
Silver Wing Rider
Silver Wing Rider
Greysilver


Number of posts : 491
Age : 76
Location : Arizona
Points : 3633
Registration date : 2014-04-08

Do you watch Auctions? Empty
PostSubject: Re: Do you watch Auctions?   Do you watch Auctions? I_icon_minitimeThu May 29, 2014 11:06 pm

I'm amazed.
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Mudnman
Super Scooter Rider
Super Scooter Rider



Number of posts : 218
Location : Florida
Points : 3423
Registration date : 2014-01-15

Do you watch Auctions? Empty
PostSubject: Re: Do you watch Auctions?   Do you watch Auctions? I_icon_minitimeFri May 30, 2014 2:33 pm

Well it looks like you have to register $25+ a deposit.Shoot I just wanted to see bidding on this bike.
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dspevack
Silver Wing Guru
Silver Wing Guru
dspevack


Number of posts : 2008
Age : 57
Location : Miami, FL
Points : 7428
Registration date : 2008-12-27

Do you watch Auctions? Empty
PostSubject: Re: Do you watch Auctions?   Do you watch Auctions? I_icon_minitimeFri May 30, 2014 3:59 pm

I'm amazed too
Registration Fee: $25
Security Deposit: $400 USD Transaction
Fee: $250 USD - See more at:

Any item costs item plus $250. Bidding starts at $150.
Fee+bidstart=security deposit.
Software allows you to snipe bid at live auction.
So its like paying to join ebay, then paying a premium when you win.

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Mudnman
Super Scooter Rider
Super Scooter Rider



Number of posts : 218
Location : Florida
Points : 3423
Registration date : 2014-01-15

Do you watch Auctions? Empty
PostSubject: Re: Do you watch Auctions?   Do you watch Auctions? I_icon_minitimeFri May 30, 2014 4:18 pm

What a racket!
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hotwings
Silver Wing Expert
Silver Wing Expert
hotwings


Number of posts : 876
Age : 52
Location : Ontario
Points : 4783
Registration date : 2012-04-29

Do you watch Auctions? Empty
PostSubject: Re: Do you watch Auctions?   Do you watch Auctions? I_icon_minitimeSat May 31, 2014 6:16 am

A burgundy swing! Who would want that color? It would be like driving a beige minivan Wink Wink . On a serious note the results of some scary bike crashes on most!
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Mudnman
Super Scooter Rider
Super Scooter Rider



Number of posts : 218
Location : Florida
Points : 3423
Registration date : 2014-01-15

Do you watch Auctions? Empty
PostSubject: Re: Do you watch Auctions?   Do you watch Auctions? I_icon_minitimeSat May 31, 2014 6:44 pm

Yah some bad one's if you look at all the pictures of various bikes!
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bandito2
Maxi-Scooter Rider
Maxi-Scooter Rider



Number of posts : 181
Location : Somewhere outside of the box
Points : 4762
Registration date : 2010-04-04

Do you watch Auctions? Empty
PostSubject: Re: Do you watch Auctions?   Do you watch Auctions? I_icon_minitimeSun Jun 01, 2014 9:50 am

Almost all of these bikes are from insurance company "totaled" vehicles, bank repossessions, police impounds and the like and not from individual private owners. That is why they are often wrecked, vandalized, burned, flooded or generally in poor shape. Many have salvage titles or are deemed to be irreparable and are to be sold for parts only. That is why you don't see very many bikes like these on ebay or CL and such.

All the fees and charges are just the way they do their biz. They wouldn't be making much in just commissions for the low $$  these kinds of vehicles bring in transactions even though they probably do a fair volume of them. CL, ebay and the like DO a very large volume of sales and generally speaking the stuff being sold is not total crap and often brings a decent price for the transactions. So for the commissions and services they provide, they get by very well thank you.

There might be folks out there that make it a business to get these "distressed vehicles" for flipping. (fixing them then selling them hopefully at a profit) But they would have to do a pretty fair volume of them to make it work well. I thought about it once upon a time. But it would involve the need for much more room than I have access to, more tools and materials than I can afford or have adequate knowledge to use and, well, it would involve more work than I am willing to put into it. I retired to get away from doing so much work. BUT!, for an individual, it could be an opportunity to get and fix a bike for relatively cheap every now and again as a hobby.

just my $ .02
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