About sniping, I saw 2 Haulmark PT2-2 trailers go for $10K and $12K, PLUS commission & GST, same 2 guys bidding on them, one from Qld and one from Dandenong!
Dandenong guy also paid ~$39K plus commission & GST for a 6x6, previously I saw a couple with 50 kms on them, brand new out of the box go for 22 & 24.
Haulmark PT2-2 Dual axle Cargo trailer 1250kg 6/2003 Auction (0037-5011375) | GraysOnline Australia
Haulmark PT2-2 Dual axle Cargo trailer 1250kg 12/2002 Auction (0027-5011677) | GraysOnline Australia
Yes, it happens! I bought a new 3.5 kva genset a few years ago, seller had them buy it now for $650, which I did, he also had them for auction, generally selling for about 620, watched a couple bid to $1050 for one!
I had to laugh, just like I did with the trailers and 6X6 above!
My father was an auctioneer...back in the days of actually physically going to an auction sale....I used to be up there as a bid-spotter with him...and we always discussed and chuckled at the end of the sale...about particular people who got 'auction fever' and just kept bidding until they won...usually paying more than new retail price. I guess it carries over to online auctions.
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