Storage Auctions

Was disappointed, but it worked out GREAT!

Was disappointed, but it worked out GREAT!
« on: October 18, 2011, 02:40:00 PM »
I'm new at this, but a friend had me interested before the TV shows.  Saw a notice for a sale with a business "Icar Restoration LLC" being in default on a locker.  Visions of motors, tools, parts, and equipment were dancing in my head.  When to a nearby auction and got a locker at 11 AM and the Icar was sceduled for 1:30 PM.  It was at a climate controled facility very nice.  They cut the lock opened the door and there sat......... 2 commercial dehumidifiers, 2 carpet fans, 5 cases of disposable gloves XL "my size", ladder, painting equipment, some tools and carpet cleaner. ???  Well I thought some of it had to work and should be worth a good bit.  8) Manager ask for $300 no bids, $200 no bids, but a guy offered $100.  I went $125 and it so it went until I got it for $225 with sales tax taking it to $240.  Ended up with $112 gas in the trip for both units.  My buddy that helps me wanted one case of the gloves and a fan. 
First dehumidifier sold for $732.50 on eBay with the winner paying $52.50 for shipping contacted him and delevered it on a trip to my next auction.  Can we say gas money. ;D
Got a Craig'slist contact wanting carpet cleaner for $723.  Meet him and a different buyer for the 2nd dehumitifier $525 at the same location.  ;D
Had a rusty 10" Huskey adjustable wrench that I took to Home Depot and a new one that retails for $10.  Thinking I can get about $75 a case on the the gloves that I don't keep for myself. With a few tools yet to sell.
The locker was not what I was expecting, but I am very happy with what I got. ;D

Offline jrossjr79

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Re: Was disappointed, but it worked out GREAT!
« Reply #1 on: October 18, 2011, 08:22:35 PM »
Sounds like you did well

Re: Was disappointed, but it worked out GREAT!
« Reply #2 on: October 19, 2011, 12:26:53 AM »
Awesome,Congrats!!

Re: Was disappointed, but it worked out GREAT!
« Reply #3 on: November 01, 2011, 03:53:14 PM »
Thats awsome. You more than tripled your money!!!


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