Ducati Monster Forum

http://www.jwoodandcompany.com/2009/2009_RER_pics/index.htm (http://www.jwoodandcompany.com/2009/2009_RER_pics/index.htm)

Anyone nearby?

Entire shop up for auction -- bikes, gear, tools, trucks, forklifts, etc etc etc etc etc..

i am planning a road trip with the F250

here is the main page link

http://www.jwoodandcompany.com/2009/rer_auction/rer_auction_sale.htm (http://www.jwoodandcompany.com/2009/rer_auction/rer_auction_sale.htm)


(http://www.jwoodandcompany.com/2009/2009_RER_pics/images/100_0113.jpg)

(http://www.jwoodandcompany.com/2009/2009_RER_pics/images/100_0151.jpg)

(http://www.jwoodandcompany.com/2009/2009_RER_pics/images/100_0145.jpg)

(http://www.jwoodandcompany.com/2009/2009_RER_pics/images/100_0098.jpg)

a bit over 3 hours...

I may take a ride

I want that dream 50  8)

i saw that, but that CX500 turbo is hawt...

those FL400/Odyessey's would bring good cash out here. ;)

it's about an hour away for me...

that dealers accessory reps should be shot! 
Looks like no one was watching inventory levels or really running that business! 
You would also think before they tanked they would have found a way to sell off at least 50% of the obsolete and over stocked inventory...  e bay works if you make the effort!

Dude, a Wednesday at 10am? WTF?! How am I supposed to get there then?!

that's pretty standard.  especially if its a bankruptcy auction many states req it to be during normal business hours (i.e. M-F 9-5)

Yeah, but there is NO WAY I can get out of school for an auction...

call in sick

really?  school?

just tell them you were diagnosed with schwein flu.

Uhh, you can't call in sick in the Navy. School as in a military "C" school...

yup, you are screwed.  tough shit, sailor...    i am planning to go, do you see anything you want?

I'd like to see a pic of that 1973 Norton they have listed. Also would have liked to look at a couple of the boats.  Really would have liked to buy several things if they were cheap and re-sell...

Anyone that's close and can go should go.

Bring cash too and be ready to spend it.

I went to a Duc dealer auction here and bought some things for resell.  Some things I got a good deal on.  Others, not as much but I still made money.

The trouble with this is that everyone will come out of the wood work and sometimes the bidding will go nutty.

Don't let that stop you.

I bought a brand new ie Monster tank for $120 and withing 30 seconds of the win sold it to the guy bidding against me for $160 [laugh]

I hadden't even paid for it yet 8)

Things to look out for are tools, gear (even if it doesn't fit you, it will sell) signage etc.  Stuff you normally don't have access too.

just be advised this auctioneer charges a 13% buyer's premium or 10% if you pay cash.

it's bullshit but it is commonly done nowadays to reduce the premium charged to the seller.  it just means to bid accordingly.

10% is a little high I think.

I think 6-7% is normal around here.

Maybe it's regional?

I've never been to an auction in New England where a "buyers premium" wasn't charged.

interesting

i've only seen it down south a few times and usually much lower.

it is a bad idea, people end up paying less and the seller gets less.  it only works if the buyers are not paying attention...

http://townsend-real-estate.com/Buyers_Premium.htm (http://townsend-real-estate.com/Buyers_Premium.htm)

It's how auction houses make their money.

The seller doesn't get less, you just pay more.

The extra goes to the auction house for setting up the auction, tagging everything and handling the money.

10% seems high to me, but ive seen that before.

It could still be a deal.

10% is the cash number, 13% for CC...

I think 'tiz meant people end up 'spending' less because of the fee.

I agree the 10% premium on cash is high

I want that '08 CRF230, great little enduro.....

right, they spend less and as a result, the seller gets less.

if i gotta pay an extra 10% i am gonna bid less...

Looks like at one time it was a busy dealership. 

Looking at the photos it seems to be true

Somebody here buy that...Please!

One of my best friends has the exact same bike with 5800 miles on it & people offer crazy money for it.   

He put that I get it in his will.  I, of course, do not want to lose a friend of 20yrs ...but, note to self: Do NOT piss him off.   [laugh]

it was, my cousin used to go there all the time. I was there several years ago and it was a very busy shop.

Auction is tomorrow. Anyone going? I'll be in Hartford unfortunately...

My work is ~30 mins away but I'm stupid busy on a rush project. :-\

please report back if anyone goes, for all of us who want to go and will have to live with ourselves for not being able to skip out on work/school...

I'm not going to avoid the possibility of coming home with an old British bike.

My dad has one of those.  Top heavy beast of a bike, but can still get up and go with authority.  Unfortunately Hurricane Ike decided to push water all 15 ft up to the garage level then another 3 ft to the seat level of the bike.  :'(

I could notMake it.  Anyone go?

Someone from another board went and posted some pics. From his report, everything went for big money. The auction website should have prices posted by now, no?