Thread: Did anyone stump up cash at the now closed ADF machinery sale

A friend bid on the Arbroga radial arm drill It sold for $1569 to a Sydney bidder. My mate is not happy with the way his bids were handled. He bid $X and someone else bid the same later and the bid was recorded to them. He says this happened twice. Most bidding happened in the last half hour. He did a net search for complaints about Graysonline and several have been lodged to various bodies about their handling of on-line auctions.

Originally Posted by Brian Hjelm

A friend bid on the Arbroga radial arm drill It sold for $1569 to a Sydney bidder. My mate is not happy with the way his bids were handled. He bid $X and someone else bid the same later and the bid was recorded to them. He says this happened twice. Most bidding happened in the last half hour. He did a net search for complaints about Graysonline and several have been lodged to various bodies about their handling of on-line auctions.

As posted previously...

Originally Posted by 303gunner

There are no tricks in the Grays bidding system, it's just that it's all a bit different to what we've become accustomed to with E-bay.

There are two ways to place a bid, a standard bid or Autobid.

A Standard bid is just like if you were physically standing in an auction room and call out a bid. No matter how much higher than the previous bid, it becomes the new price until outbid in turn (unlike E-bay). Sure, you cold throw in a bid on a GS for $109, but there is no way that will ever get up. Bidding $509 for a Unimog is just a joke. You could fast-track the process by bidding $5009, but still not be certain of winning. You will need to place another bid each time your outbid to stay in the running. However, placing early low bids on a number of vehicles could work to your advantage after you have had the chance to inspect the vehicles on inspection day.

The other type of bid is Autobid. The bid price will only go to an amount to exceed another previous bidders amount, provided it is under the limit you set (same as E-bay). If other later bids are placed by others, the amount will be the same as their bid, but you will remain the winning bid as your bid was placed first (different to e-bay). The winner's time stamp on their bid will be earlier.

At any time, you can increase your bid, even if you are winning at that time, and can place a standard bid or autobid. So in the example above, you could place a standard bid of $5009, then top it up withan Autobid of $8009. You will only be shown as having placed 1 bid (different to E-bay, which will show 2 bids), and will continue to be the winning bidder up to, and including, a bid of $8009.

If another bidder bids $8109 or higher, they then become the winning bidder. You can then place another bid of say $8509, and the time stamp for your bid remains the same as your very first bid. The earlier timestamp works to your advantage in the case of any equal bids, so just like voting, you should BID EARLY AND BID OFTEN!

This is not an unfair set of rules, it's just different. Maybe it does encourage bidders to get involved sooner rather than just be a watcher, and it does prevent "sniping", but ultimately like any other auction, it's always the highest bidder that wins.

http://www.aulro.com/afvb/military-v...sposal-56.html

MODS - maybe this should be made a sticky somewhere

Originally Posted by isuzurover

As posted previously...


http://www.aulro.com/afvb/military-v...sposal-56.html

MODS - maybe this should be made a sticky somewhere

Except that it is not correct about ebay bidding.

On ebay the first-bidding top bid received by ebay wins in the event of equal bids being placed - even using sniping:
from: How Bidding Works on eBay ... and How to WIN! | eBay

Bidding Overview
Your bid is the maximum you want to pay
When you bid on eBay, you aren't really placing a single bid: you are instructing eBay to automatically bid on your behalf up to the maximum you are prepared to bid.

Your maximum bid is kept secret. No buyers or sellers can see your maximum bid while you are winning an auction.Your maximum bid is only revealed if you are outbid and no longer in the lead.

Example: You are first to bid on one of our auctions with a $14.99 start price. You want to pay no more than $30, so place a bid for $30. You now lead the auction with a bid of $14.99 showing. Your bid will only increase if someone else places a bid. Unless you change your mind, you won't need to bid again.

Bid Increments
Put simply, this is how much you have to beat the previous bid by to take the lead. The lower the bid price, the smaller an increment that is needed for the lead to change.

The main increments you are likely to encounter on eBay are:

Current Price Bid Increment
$0.01 - $0.99 $0.05
$1.00 - $4.99 $0.25
$5.00 - $24.99 $0.50
$25.00 - $99.99 $1.00
$100.00 - $249.99 $2.50

(The full table can be found here: Bid Increments )

Example: A second eBayer tries to outbid you. They can see your current bid of $14.99 but cannot see your $30 maximum. They bid $20. From the table above, you only need to outbid $20 by $0.50. eBay bids for you automatically. You are now winning the auction with a bid of $20.50

Sniping
Sniping means bidding in the last few seconds of an auction so that it ends before another bidder gets a chance to outbid you. The idea is that this will get you a lower price. It sounds good in theory, but there are a few catches. For one, you have to be at your computer when the auction ends, and hope that you don't have any internet problems. Or you have to use a sniping service. But the biggest problem with sniping is it only works if other bidders don't understand how eBay bidding works.

Example: You are still winning the auction with your $20.50 bid. ($30 maximum) A sniper bids $25 in the last few seconds. You will still win the auction with an automatic bid of $26.00. If instead the sniper bid $40, they would win with a bid of $31 (i.e. one increment above your $30 maximum)

At the end of the auction - you either win, paying your maximum or less. Or you lose if someone offers to pay MORE than your maximum.

So you can see, sniping ONLY really works if no previous bidders have played their maximum bids. This doesn't mean sniping never works: after all, there are a lot of eBayers who don't understand how bidding works. Another benefit of sniping is you are forced to bid your maximum at the last minute: you don't leave yourself time to be tempted to bid a little bit more than your maximum if outbid earlier.

The highest bid wins - not the last one.
It doesn't matter when you bid. If your bid is the highest, you will win the auction. Even if your bid was placed first. Apologies if you were hoping to find a super secret trick or tip! eBay isn't rocket surgery: it really is as simple as the highest bid wins.

Tips and Tricks
Bid odd numbers. Instead of the $30 I've used in our examples, bid something like $30.27 or $31.33. Most people bid in round numbers. If both highest bidders bid exactly $30, the first bidder wins. But if you bid $30.01, you win, no matter when you bid.

An early bid can deter competition, especially from eBayers who don't understand how automatic bidding works and try to nibble away at your bid with a series of very low bids.

Example: You are winning our $14.99 start price with your $30 maximum bid. A nibble bidder sees your $14.99 bids $16.00 and is automatically outbid: you still lead. They then bid $17 and are outbid again. Then $18. And so on. They eventually give up - perhaps well below the maximum they would have otherwise bid if they knew better.

Know your competion: If you get the feeling the other bidders aren't bidding their maximums, then this is the time when sniping is most likely to be beneficial. Nibble bidders might be planning to come back later, but often run out of time at the end!

ebay will inform you that you have been outbid:
Automatic bidding
If you do not respond with a new bid you become an under-bidder.

Bob

When did this post take a left turn and focus on bidding T&C's? It was meant to be tongue in cheek for those that bought or wanted to buy one of the release of 110's, 6x6's, Unimogs and or trailers, motorbikes, dump trucks etc etc.

All I really wanted is for people to brag about their good fortune (as perceived by them) so the rest of us can enjoy their moment of illogical and irrational satisfaction/justification.

MLD

I have a friend that got a 110 GS from the first Brisbane auction,was an ex Timor unit,pulled apart by AQIS for cleaning, and not re-assembled,a friend re-assembled it for him in Brisbane and it went north to his place, was registered, all up $7800 from memory including RWC and Plates, Yup! and I know its original ARN

Originally Posted by bobslandies

Except that it is not correct about ebay bidding.

On ebay the first-bidding top b....................................

Thanks for that, Bob.
Important info for ebay but, for the Frontline ADF auctions, Greys on line are being used.
The bidding system is different as previously posted. It is impossible to snipe.

Originally Posted by flagg

One day I'll get drunk and buy a 6x6..

If you get drunk, I can point you in the direction of one.

Originally Posted by newhue

If you get drunk, I can point you in the direction of one.

The prices the 6X6s are asking, he might need to be walked there too