Posted by Ultradog MN on June 02, 2022 at 08:53:06 from (172.58.86.139):
In Reply to: Buyers premium posted by Texas Cowboy on June 01, 2022 at 20:40:44:
I haven't been to a live farm auction in years. But I have bid on a lot of stuff on online auctions - mostly machine shop stuff. Most of those are charging 15-18% buyers fees. What gripes me is you have to pay sales tax on the item AND that 15-18% fee. So, you just have to have to add about 25% above and beyond the hammer price and bid accordingly. If you can't do the simple arithmetic to add 1/4 to something bring a phone or calculator. Despite all the add-ons there are still bargains to be had at auctions.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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