Nat'l Liquidators/yachtauction buyers
Need a little help on how the process works on this site. Has anyone called and offered a lower amount of the minimun bid? Is this a true auction with a set amount of days for bids and highest bid takes it? Thanks for any info someone can share. Think Spring!
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Originally Posted by bajaboatnut
(Post 3061371)
Need a little help on how the process works on this site. Has anyone called and offered a lower amount of the minimun bid? Is this a true auction with a set amount of days for bids and highest bid takes it? Thanks for any info someone can share. Think Spring!
This is all explained on their website in depth if your serious why don't you make a phone call to them and find out what the deal is? |
THanks for the help
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I think he is asking us because there is more too it usually than what is on the website. There is a repo yard by me and the guy doesnt take offers lower than the beginning bids. The repo yard near me has a guy that runs it who in my opinion is a jerk. I would tell you to try and get the reg numbers off the boat and track down the bank. Than deal with the bank direct. I know a few people who have went this route and it worked out well for them.
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Do a search on here and you will find out about all the BS about them.
Its a messed up hidden bid process. |
Originally Posted by whoya
(Post 3061635)
Do a search on here and you will find out about all the BS about them.
Its a messed up hidden bid process. read the site its very clear |
Yea right
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I've bought three boats from them, it's a negotiation, not some strict by the book auction. The minimum bid is a value indicator of where the boat should sell. If your numbers is in the game they'll talk with you, if it's not don't expect a call back. One thing to remember is the website lags behind the sales so alot of times things listed on the site are already sold or under contract.
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A friend of mine bought 5 boatd so far from them working on a 6th. I talked to him a little about it. He said in a simple sumary, You can offer any thing you want on the boat no matter how abstract. As long as you can provide 10% of your offer no matter what they have to submit it to the bank by law.
-Mike |
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