Storage Auctions
The Storage Locker => Reality Shows about Storage Auctions => Topic started by: TechGromit on January 06, 2013, 07:21:11 PM
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I firmly believe the value of items on the show are over estimated by the cast. I saw a storage unit with vending machines Dave Hester won for $1,850. They were estimating the value was 29k for 5 vending machines. I've personally sold vending machines online on Ebay and I can tell you they are not worth that much. A guy I know purchased four coffee vending machines for $1,500 each, with the plan of opening his own vending machine business. Unfortunately he wasn't aware that the vending machine business has been saturated for years. The dream of starting your own vending machine business is pretty much a pipe dream, pushed by people who sell vending machines. When he realized couldn't start his own business, he tried to sell the machines back to the vendor he brought them from, they offered him $250 a unit, even though two of them were still new in the box, never opened. Which I'm sure they would have turned around and sold to another sucker. Anyway back to the point, I ended up selling these coffee machines for this friend of a friend for $300 each, that's the best I could get for them. So Dave Hester's estimation of is way over blown, only a sucker with a deluded dream of starting there own business would pay full retail for something a person in the vending machine business knows they can get for pennies on the dollar from a sucker that paid full retail.
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I firmly believe the value of items on the show are over estimated by the cast.
You think! I just love those $500 WalMart end table sets.