Storage Auctions
The Storage Locker => The Treasure Chest => Topic started by: randomstore on December 31, 2012, 03:44:55 AM
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Went on a multi-city caravan the other day. Got outbid on the units I was interested in (from $900 to $4350) at the first 3 facilitys. At the last facility a 5x5 with an ugly nightstand, a tube tv, some bland looking clothes hanging up and a few indifferent looking boxes on the floor went for $5. I bought it.
There were two brand new Swiss Army watches (got $45 each), The hanging clothes were like new Steeler and Notre Dame jackets and sweats turned inside out. (got $120). Nice books about aircraft, racecars and other fast stuff (got $90) plus another $100 in other stuff. The kicker was the exactly $4.99 in change in the nightstand drawer. ;D
Not my best buy of the year, but pretty good for $5.
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I know the income and wealth levels are higher in California then other parts of the country, but I would still be interested in hearing the details of the unit that got away for $4350? What was the size and volume? What did you see in it?
I just want to make an apples to apples comparison for my part of the country.
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The $4350 unit was a 10x25. It had a Husky and a Craftsman tool drawer cabinets visible near the front right. A few doors and some other construction materials were on the left. There were gardening tools visible, some hardware and camping gear. What appeared to be a power washer was partly visible. The stack was low in the first 10 feet. After that there was a 7 to 8 ft high wall of boxes. No clue as to how deep or what was behind there. It appeared to be some sort of contracter unit. The city was Camarillo CA.
I ran out of cash at $4000. Nabila, who appeared on some Storage Wars episodes, bid it to $4300. The winning bidder I have seen at a few sales, but not spoken with. It was not a Dan Datson (American Auctioneers) sale, but one of the other not as busy auctioneers. There were about 30 people at the sale.
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Great info Randomstore, based on your description, I doubt that unit would break $2500 in my area, but I think y'all can sell new & used merchandise for more money in California then we can here, so value and cost might be geographically relative.
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The Southern California storage auction scene can be very competitive. A few of the bidders appear to have more money than sense. If they really want to out-bid me, they can. I'll just go to another sale. There are so many storage auctions around here you could attend every week day all year.