Storage Auctions

Gas Prices

Gas Prices
« on: May 05, 2011, 11:25:33 AM »
How have Gas Prices effected your storage auction business?


Ive noticed a lot of "out of towners" haven't show up to the last couple of Auctions here in my town. Also, I haven't left town for an Auction in 2 months!

I figure with so many locals showing up to these Auctions, added with the local whale, it has deterred some people from spending gas money for their gas guzzling trucks to travel for auctions

Offline rulesforrebels

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Re: Gas Prices
« Reply #1 on: May 05, 2011, 11:31:12 AM »
I've always stuck to auctions pretty close to home for the most part. Sure there's a few facilites a little further away that I normally have good luck at and a few somewhat rural ones I'll drive out to but for the most part there's more than enough auctions within a 30 min radius of me I don't really feel the need to venture much further.

I am somewhat surprised by the guys who drive out my way from Indiana and far North, especially when I havn't seen them buying much but see them at all the auctions in my area and driving their 4 door F250's and stuff like that, can't be cheap.

I drive a 4 cyl Toyota tothe auctions and then borrow a buddies truck and go back to get my stuff or use the facilities truck if they let me.

Offline Travis

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Re: Gas Prices
« Reply #2 on: May 05, 2011, 11:55:49 AM »
My car runs on recycled garbage so it really doesn't matter. And if I'm late for an auction I can just go back in time and arrive early.

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Re: Gas Prices
« Reply #3 on: May 05, 2011, 02:43:12 PM »
Gas prices do not stop me at all.
Right now i am paying $3.50 a gallon.
Is it higher then earlier, of course, i used to pay 2.64 for a gallon.
But 3.50 is not a reason to back down, if you can't handle the price of gas, then you are not in the right business.

It just means that you have to charge $25.00-$40.00 more in total sales from a unit. Not a big jump. That again is maybe 10 cents more per item you sell from a unit. 

This is nothing more then business math one on one. (raised cost, coverd buy raised sales price)

Offline jrossjr79

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Re: Gas Prices
« Reply #4 on: May 05, 2011, 03:49:19 PM »
Gas prices not really effecting me. Since I been in the business prices have been high. I just add it to total of my unit cost along with labor and trash dumping. I also plan very carefully where I am going. So when I do get a chance to go out there, I truly go out there. Just about to take a risk on a 45 min drive to a small town that only has 2 units to auction. So it dont really effect me to much. I am hoping what I would let effect me effects everyone else and they decide not to go because of it. The worse situations that are around, the less competition will be, especially after all this hype goes away and they jump on the next band wagon, which I am thinking it might be being an auctioneer. Since that is the new show on the history channel, or maybe taxidermy :)

Re: Gas Prices
« Reply #5 on: May 05, 2011, 05:52:29 PM »
I try not letting the price get to me, but it does piss me off, because I live in the midwest and we seem to have the highest gas prices in the country. It is has been at 4.29 for about a week now, new record here, and from what i am seeing it is at least 50 cents cheaper on the west coast.

Offline MovieMan

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Re: Gas Prices
« Reply #6 on: May 05, 2011, 06:08:13 PM »
I try not letting the price get to me, but it does piss me off, because I live in the midwest and we seem to have the highest gas prices in the country. It is has been at 4.29 for about a week now, new record here, and from what i am seeing it is at least 50 cents cheaper on the west coast.

Today I paid $4.17 per gallon at an Arco. Name brand across the street is $4.27.  This is in central California.

In 2008 our high was $4.54.


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Re: Gas Prices
« Reply #7 on: May 05, 2011, 06:36:53 PM »
Make me feel good about my prices, I pay $3.79 a gallon :)

Offline Cobia

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Re: Gas Prices
« Reply #8 on: May 05, 2011, 06:52:59 PM »
There was an auction 30 miles away from me yesterday with three lockers and I decided not to go because of gas prices.  :(

Taxidermy, already tried that business with a buddy of mine years ago.

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Re: Gas Prices
« Reply #9 on: May 05, 2011, 07:36:16 PM »
There was an auction 30 miles away from me yesterday with three lockers and I decided not to go because of gas prices.  :(

Taxidermy, already tried that business with a buddy of mine years ago.

Taxidermy seems complicated, like you need years of experience to get animals to look alive.

Re: Gas Prices
« Reply #10 on: May 06, 2011, 09:29:26 AM »
Here's a good video, price of gas over the years.

feature=feedlik

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Re: Gas Prices
« Reply #11 on: May 06, 2011, 10:33:49 AM »
Here's a good video, price of gas over the years.

feature=feedlik

Wow, and I can remember when gas was 99 cents a gallon. Loved it then. Loved the signs at the end. Arm, Leg, First Born.................omg wtf, lol.

Offline rulesforrebels

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Re: Gas Prices
« Reply #12 on: May 06, 2011, 06:45:40 PM »
I'll make you all feel good about your gas prices. In the city of Chicago prices are over $5, I try to fill up in the burbs or even NW Indiana if possible but even in the burbs I was paying $4.69 the other day.

TC, I was curious about your car or truck if you don't mind sharing, what do you mean by recycled garbage, do you run off vegetable oil or some other type of fuel?

A buddy of mine was really interested in buying an old VW or Mercedes diesel and doing a conversion.

Another idea if any of you guys are handy with working on engines and stuff. A guy who recently came and bought that wierd bamboo/cane chair from me and a few other items had a big truck, dont recall the model but a 250 or bigger. He had put an old diesel tractor engine in it and was getting fantastic mileage. Again dont remember exactly what he said but it was good.

Re: Gas Prices
« Reply #13 on: May 06, 2011, 07:02:04 PM »
Uhhh, look at his avatar and then go out and rent all the "Back to the Future" movies!  LOL!

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Re: Gas Prices
« Reply #14 on: May 06, 2011, 08:45:55 PM »
Uhhh, look at his avatar and then go out and rent all the "Back to the Future" movies!  LOL!

lol, true.

If I knew how I convert a standard into an electric car, but I am not mechanically inclined :(


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