One of the problems with auctions (of ANY type) is…. you may be bidding against unknowlegeable idiots with deep pockets. That does not prove the items are worth the winning bid.
There are too many variables to auctions to support the idea that “used” is as valuable as “new.”
jyoutz makes an excellent observation. Rental companies are often quite happy to sell their used equipment at good prices… then they replace it with new.
While constructing my hangar 20 years ago, I rented 3 sets of contractor-grade scaffolding with walk-boards, cross-braces and casters @ $250 per week. They were in near-new condition and I estimated I needed them for 3 weeks. ($750 worth). Each set retailed for almost $1K,…. $3K total for the 3-sets.
At the end of the 3 week rental period I realized I would need them for an additional 2 weeks and my friend pointed out I might need such equipment in the future to safely service the overhead lighting in my hangar. ( But I thought I could probably accomplish light/lamp changes with an extension ladder I already owned.)
So I called the rental company and asked if I could extend the rental period for 2 addt’l weeks. The rental company told me they were being acquired by another larger rental outfit and that they would be unable to extend the rental-contract…but I could return them and negotiate a new 2-week contract with the New Management…… Or…they would be willing to sell them to me.
They offered the entire set to me for $1500…. and they were willing to apply the $750 I’d already paid in rental toward the purchase.
The favors shown me from the friends who have borrowed those scaffolds over the years has made it one of the most fortuitous purchases ever made, and I’ve used them for everything from fireplace/chimney repairs to wifi antenna installations, etc etc.
( And I’ve used them for hangar lighting lamp-changes ever since the extension-ladder idea was found foolhardy….. it’s pretty scary to be alone…on top of a flexing 25’ extension ladder above airplanes, tractors and concrete at age 70+. )
Just last month I lost, for the
second time, a family friend who fell off his roof. He was 65.