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September 13, 2006
Construction Equipment Auctions Rival eBay Motors Prices
I've been writing a lot about eBay motors lately. It's the largest online car seller and is quite impressive. But vehicles and real estate are not the only big money area on eBay. Construction equipment auctions are biggies, too. Take a look at this Caterpillar D399:
Quite honestly, I don't even recognize this machine and surely don't know what it does. But I know that I've sold equipment I didn't understand. My first big sale that way was on eBay in approximately 1997 (can't remember exactly). At the time I was writing an info product for restaurant owners and thus was on the mailing lists of a lot of restaurant industry publications. One of them had a classified section available to its members and someone was attempting to sell some restaurant equipment. At the time, eBay wasn't the household word that it is now and so I contacted this owner and asked if he would pay me if I would sell his equipment. He quoted a bottom line price and I could have any amount over this.
The result: I made almost $3,000 off the sale. I didn't know anything at the time - not even enough to get a contract from the owner. So it worked by accident but I was pleased about it. No reason it won't work in 2006.
Posted by SydneyJohnston at September 13, 2006 11:13 AM
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