Fundamentally I do not have a problem with the buyers premium format as I can easily do the math in my head so I don't go over what I am willing to pay for an item.
What I do have a problem with when it comes to this format is there seems to be many out there that can't or don't do the math which often results in them bidding an item up higher than what is the going value for an item.
I once watched 2 guys bid up and buy a skid of automotive antifreeze, their final cost with the premium was about $2 more per jug than what the local stores were charging for the exact same stuff.
When your surrounded with stupid like that you wonder why you even wasted your time going to the sale in the first place.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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