Results 1 to 19 of 19
  1. #1
    Caveman started this thread.
    SMF Badges of Honor


    Member since
    Oct 2012
    Location
    Minnesota
    Posts
    128
    Thanks
    44
    Thanked 165 Times in 52 Posts

    lost an online auction, then got asked to buy it

    About a month ago I lost an online auction for some computers. Two days ago I got an email from the local school system that the auction winner lives a couple thousand miles away and hasn't even paid for the items yet. They offered to sell me the lot for my last bid, the last bid before the winning bid. The terms of the auction were that the items were to be picked up by 10 days, after that the auction winner would be charged for the items and the school can do with the computers as they wish.

    I suggested to them to give away the computers, to me if they want, and charge the auction winner. I included a note that I would have been very happy to win the auction straight up, but if I were to buy the computers now it would sort of let the 'winner' off the hook. Sure, no matter what the guys account gets frozen, and he can't use that online auction site again, but that is no big deal. If the 'winner' has to pay for something, or has to dodge collection agencies they probably won't play around again.

    Thoughts? I passed up making good money off of these computers, but figure it would pay off in the future. I hope that the school doesn't go easy on the 'winner' as it just ruins things for guys like me.


  2. The Following User Says Thank You to Caveman for This Post:



  3. #2
    NJSouth's Avatar
    SMF Badges of Honor


    Member since
    Feb 2011
    Location
    South Jersey
    Posts
    272
    Thanks
    669
    Thanked 319 Times in 147 Posts
    I think you need to do for you!! Make the money you can for you and let the system deal with the other guy. You work too hard for what you do and sometimes this stuff doesn't come along all that often. Let us know how you make out.

  4. The Following 3 Users say Thank You for This Post by NJSouth:


  5. #3
    msmoorad's Avatar
    SMF Badges of Honor


    Member since
    Apr 2013
    Location
    Durban, South Africa
    Posts
    690
    Thanks
    715
    Thanked 746 Times in 356 Posts
    if u would make good money on your last offer for the auction-then just go ahead & pay for it

    we all know that the other guy is at fault
    but if u hold out, u could lose it all

    though, if u are sure u wont lose it
    and that they could lower the price,
    hold out for a while

    or maybe make an agreement that they give u first preference in their next auction

  6. The Following User Says Thank You to msmoorad for This Post:


  7. #4
    RustyDollars's Avatar
    SMF Badges of Honor

    Member since
    Jan 2012
    Location
    Central Wis
    Posts
    426
    Thanks
    438
    Thanked 533 Times in 213 Posts
    Forget about the other guy. This is your golden opportunity to become your local schools ewaste guy.
    If it wasn't for the $ in $crap, it would just be.....

  8. The Following 5 Users say Thank You for This Post by RustyDollars:


  9. #5
    SMF Badges of Honor



    Member since
    Jul 2011
    Location
    Jacksonville, NC
    Posts
    4,917
    Thanks
    15,632
    Thanked 5,861 Times in 2,713 Posts
    Also there is no reason not to offer less than you last bid. I have been offered the same thing myself and offered when the item did not make the pre-set minimum price. Mike
    "Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}

    Now go beat the copper out of something, Miked

  10. The Following User Says Thank You to miked for This Post:


  11. #6
    fecual's Avatar
    SMF Badges of Honor


    Member since
    Aug 2014
    Posts
    26
    Thanks
    2
    Thanked 27 Times in 9 Posts
    I agree with the other poster who said that it is your golden opportunity to get into that school system and become their "friend". Try to be nice and businesslike and tell all of them how much you want their recurring business.

  12. #7
    SMF Badges of Honor


    Member since
    Jun 2012
    Location
    northern nj
    Posts
    296
    Thanks
    110
    Thanked 381 Times in 167 Posts
    I personally avoid any "second chance offers" or "the winning bidder backed out" deals.

    the possibility that the "high" bidder was pushing up the final price for the seller cannot be ignored.

  13. The Following 3 Users say Thank You for This Post by oldtoothlessbassmaster:


  14. #8
    Caveman started this thread.
    SMF Badges of Honor


    Member since
    Oct 2012
    Location
    Minnesota
    Posts
    128
    Thanks
    44
    Thanked 165 Times in 52 Posts
    Maybe saying local isn't totally accurate. 50 miles from my home, but compared to states away it's local. If this would have been my towns school maybe I would have been more willing to go the extra mile. I think maybe one reason I got the asked to buy them was that a couple weeks ago I did win another auction for a different somewhat-nearby school system and the person there was very happy with my promptness and willing to help, and maybe my name got recommended somehow.

    To those saying think of myself. That is why I am second guessing myself. If I was struggling to survive right now I would have done the deal, regrettably. These were for more than scrap, but not sure if that matters.

  15. #9
    1956's Avatar
    SMF Badges of Honor

    Member since
    Jul 2012
    Location
    Fort lauderdale FL The Venice of The USA
    Posts
    642
    Thanks
    399
    Thanked 1,276 Times in 348 Posts
    Ok well I would like to give my opinion here, first of all to the guys that think you will become the schools new e-waste guy, you are 100% wrong! the schools are selling there scrap on line to get the most they can, they use these online auction company's because they feel they would get more thru them rather than the school handling the sale themselves. Now I have been buying lots on line way before it was the thing to do, it's pretty common for the high bidder not to pick up there lot for manny reasons, so it is just common sense to offer the lot to the last inline bidder, if they pass on the lot it will just be put back on auction the next week or the next sale, if you are a good business man and know what you can pay, I bid my maximum bid, if I buy it for less than that it's a little sweeter, I do not let my personal feelings get involved in my bid it's all business, so if they offer you the lot for your high bid I think you are making a mistake not getting the lot. Just my .02.

  16. The Following 8 Users say Thank You for This Post by 1956:


  17. #10
    armygreywolf's Avatar
    SMF Badges of Honor



    Member since
    Dec 2013
    Location
    Germantown, WI
    Posts
    1,084
    Thanks
    193
    Thanked 2,064 Times in 649 Posts
    Now hold on. In the interest of fairness, and for legal reasons, if they choose to go with the next highest bidder they actually have to do that at your LOWEST high bid in which the winner did not outbid you or someone else. I know usually in the last hour I get into a little war with someone on servers or whathaveyou and well...is what it is. My last legitimate bid before the winner should be the ask price. Example: I bid 35 bucks on something, that bid stands until the winner starts bidding against me...all his bids should be nulled and my last standing bid before him should be the ask for the lot. That's my two cents.

    Small edit: I realize that may not make sense to some, but look at it like this, that's the deal I would have had without his bid...that's what's actually fair. I may have bid against the winner sure...but competition is different than inflated bidding.
    Last edited by armygreywolf; 09-17-2014 at 01:45 AM.

  18. The Following 6 Users say Thank You for This Post by armygreywolf:


  19. #11
    Immulmen's Avatar
    SMF Badges of Honor

    Member since
    Dec 2011
    Location
    Windham Maine
    Posts
    284
    Thanks
    13
    Thanked 272 Times in 117 Posts
    Quote Originally Posted by armygreywolf View Post
    Now hold on. In the interest of fairness, and for legal reasons, if they choose to go with the next highest bidder they actually have to do that at your LOWEST high bid in which the winner did not outbid you or someone else. I know usually in the last hour I get into a little war with someone on servers or whathaveyou and well...is what it is. My last legitimate bid before the winner should be the ask price. Example: I bid 35 bucks on something, that bid stands until the winner starts bidding against me...all his bids should be nulled and my last standing bid before him should be the ask for the lot. That's my two cents.

    Small edit: I realize that may not make sense to some, but look at it like this, that's the deal I would have had without his bid...that's what's actually fair. I may have bid against the winner sure...but competition is different than inflated bidding.
    In other words, if I bid $25, then someone bid $30, then I bid $35 then he bid $40. If he does not pay you should be offered it at $25, not $35.

  20. The Following User Says Thank You to Immulmen for This Post:


  21. #12
    t00nces2's Avatar
    SMF Badges of Honor


    Member since
    Jul 2014
    Location
    Sarasota, FL
    Posts
    1,707
    Thanks
    1,191
    Thanked 2,350 Times in 964 Posts
    Quote Originally Posted by armygreywolf View Post
    Now hold on. In the interest of fairness, and for legal reasons, if they choose to go with the next highest bidder they actually have to do that at your LOWEST high bid in which the winner did not outbid you or someone else. I know usually in the last hour I get into a little war with someone on servers or whathaveyou and well...is what it is. My last legitimate bid before the winner should be the ask price. Example: I bid 35 bucks on something, that bid stands until the winner starts bidding against me...all his bids should be nulled and my last standing bid before him should be the ask for the lot. That's my two cents.

    Small edit: I realize that may not make sense to some, but look at it like this, that's the deal I would have had without his bid...that's what's actually fair. I may have bid against the winner sure...but competition is different than inflated bidding.
    This /\... Unless you will be getting $76,908.21 worth of goods for $0.61. if so, pay the $0.61 with a smile on your face.

  22. The Following User Says Thank You to t00nces2 for This Post:


  23. #13
    SMF Badges of Honor

    Member since
    Aug 2011
    Posts
    466
    Thanks
    1,612
    Thanked 417 Times in 199 Posts
    Makes sense Armygreywolf. Never had a bidder pull out before, but I have been contacted on a bid that was rejected as too low at the time of the auction, only to be given a chance a week later to buy it at my bid.

  24. The Following 2 Users say Thank You for This Post by erewen:


  25. #14
    Caveman started this thread.
    SMF Badges of Honor


    Member since
    Oct 2012
    Location
    Minnesota
    Posts
    128
    Thanks
    44
    Thanked 165 Times in 52 Posts
    Quote Originally Posted by armygreywolf View Post
    Now hold on. In the interest of fairness, and for legal reasons, if they choose to go with the next highest bidder they actually have to do that at your LOWEST high bid in which the winner did not outbid you or someone else. I know usually in the last hour I get into a little war with someone on servers or whathaveyou and well...is what it is. My last legitimate bid before the winner should be the ask price. Example: I bid 35 bucks on something, that bid stands until the winner starts bidding against me...all his bids should be nulled and my last standing bid before him should be the ask for the lot. That's my two cents.

    Small edit: I realize that may not make sense to some, but look at it like this, that's the deal I would have had without his bid...that's what's actually fair. I may have bid against the winner sure...but competition is different than inflated bidding.
    I did think about that. Difference was between about $230 and if done your way, the correct way, about $215. But how do I know that the third place finisher isn't in on the gig, too? I think I should have pushed to get the lot for opening bid. Think that was only $75.

  26. The Following User Says Thank You to Caveman for This Post:


  27. #15
    1956's Avatar
    SMF Badges of Honor

    Member since
    Jul 2012
    Location
    Fort lauderdale FL The Venice of The USA
    Posts
    642
    Thanks
    399
    Thanked 1,276 Times in 348 Posts
    Quote Originally Posted by armygreywolf View Post
    Now hold on. In the interest of fairness, and for legal reasons, if they choose to go with the next highest bidder they actually have to do that at your LOWEST high bid in which the winner did not outbid you or someone else. I know usually in the last hour I get into a little war with someone on servers or whathaveyou and well...is what it is. My last legitimate bid before the winner should be the ask price. Example: I bid 35 bucks on something, that bid stands until the winner starts bidding against me...all his bids should be nulled and my last standing bid before him should be the ask for the lot. That's my two cents

    Small edit: I realize that may not make sense to some, but look at it like this, that's the deal I would have had without his bid...that's what's actually fair. I may have bid against the winner sure...but competition is different than inflated bidding.
    Well we can go back and forth on this, the bottom line is be a smart bidder know what you are willing to go to and place your bid, avoid costly bidding wars, sometimes the best deal is a deal you don't make.Internet auctions are not 100% fool proof but what in life is?

  28. The Following 4 Users say Thank You for This Post by 1956:


  29. #16
    armygreywolf's Avatar
    SMF Badges of Honor



    Member since
    Dec 2013
    Location
    Germantown, WI
    Posts
    1,084
    Thanks
    193
    Thanked 2,064 Times in 649 Posts
    I'll just use Wisconsin Surplus as an example since it happened today. I lost the lot I was bidding on three weeks ago now. They called me today and asked if I was still interested in the lot, I said sure. That really beats having to relist it... They looked up the last bid I made as "high bidder" as if the original winner had not bid at all, got it for that. In fact most online auction houses have this practice at least if I tell them what my last "bid" was. If you go to an equipment auction (which I also do this time of year regularly) and the winner doesn't take it...usually over stupid stuff like "they said it runs but couldn't get it going" And there I am, again high bidder before him, at that point I'll just come out and say what my last bid was before him and offer it just like that, 90% of the time I get it.

    I'll save my rants for other things

  30. The Following User Says Thank You to armygreywolf for This Post:


  31. #17
    Caveman started this thread.
    SMF Badges of Honor


    Member since
    Oct 2012
    Location
    Minnesota
    Posts
    128
    Thanks
    44
    Thanked 165 Times in 52 Posts
    It happened again!!!!!!!!!!!!!!!!!!

    This time I already have a history with the seller and gave them a call. The seller sweetened the deal adding in a few things that weren't included in the original lot and I agreed to the deal. Should be getting complete working dual cores for less than scrap price. Not going to pass this one up.

  32. The Following 4 Users say Thank You for This Post by Caveman:


  33. #18
    SMF Badges of Honor


    Member since
    Apr 2012
    Location
    Youngstown, OH
    Posts
    606
    Thanks
    6
    Thanked 282 Times in 193 Posts
    Any deal that makes you legal money (enough to be worth your time) is a deal you should not pass up.

  34. The Following User Says Thank You to unknownk for This Post:


  35. #19
    matador's Avatar
    SMF Badges of Honor

    We purchase laptop computers and many components for greater than scrap value. We offer a shipping reimbursement program.replies

    Member since
    Nov 2013
    Location
    Big Wonderful Wyoming
    Posts
    2,310
    Thanks
    1,813
    Thanked 3,200 Times in 1,448 Posts
    Quote Originally Posted by unknownk View Post
    Any deal that makes you legal money (enough to be worth your time) is a deal you should not pass up.
    This last post has been brought to you by Gordon Gekko.

    I approve.


  36. Similar threads on the Scrap Metal Forum

    1. online auction
      By roboutlaw in forum Auction Talk
      Replies: 4
      Last Post: 07-04-2013, 12:33 PM
    2. probably been asked but I cant find it
      By bmdakk in forum Scrap Metal Questions and Answers
      Replies: 4
      Last Post: 06-17-2013, 07:25 PM
    3. This thead is a question - Being asked what I'm doing with the ewaste
      By copycat in forum Scrap Metal Questions and Answers
      Replies: 16
      Last Post: 04-30-2013, 11:44 PM
    4. Score, motherload, or otherwise awesome thread. - Yesterday auction buy
      By taterjuice in forum A Day in the Life of a Scrapper
      Replies: 7
      Last Post: 03-13-2013, 09:45 PM
    5. Online auction site for commercial vehicles
      By GeorgeB in forum Off Topic Discussions
      Replies: 0
      Last Post: 10-15-2012, 01:59 PM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook