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Post  Ewok1958 Fri 04 Jul 2014, 9:58 am

Anyone ever go to one of these?  Wondering how cheap the bikes sell for.

http://www.lloydsonline.com.au/AuctionDetails.aspx?AucID=1452
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Post  Bosco15 Fri 04 Jul 2014, 10:47 am

If you can outbid the dealers, wreckers and dreamers then add on their commission at a price that you think is fair, you may snag a bargain.
I tried, for a few auctions, to pick up an ex police BMW. To no avail. Too much interest in the bikes that I was chasing.

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Post  2wheelsagain Fri 04 Jul 2014, 4:06 pm

Is that 12.5% above the hammer price?

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Post  Bosco15 Fri 04 Jul 2014, 4:35 pm

2wheelsagain wrote:Is that 12.5% above the hammer price?

That rings a bell. I seem to remember that there was another fee, perhaps registration to bid or something. It did work out to be about $750 on top of the $5G that I was willing to pay for an ex police bike. Which meant that I had to win one for $4200 ish, which just wasn't going to happen.

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