Buying a semi truck itself is a big enough puzzle. Introduce auctions into this thing, and one may imagine that he is deep inside an ocean in over his head with no life jacket on. But never worry, for in understanding the finesse in the way semi-truck auctions go, comes the treasure one wants so desperately. Let us take a ride down this auction road.
Picture the scene: on the cement of some vast warehouse floor, trucks of every shape and size stand at attention, prepared for review. The would-be buyers stand with paddles in hand, murmuring amongst themselves. Bob leans towards Susan, a regular in these affairs, and, in his conspiratorial voice, asks, “You think this lot’s worth the bid?” Susan smiles knowingly. “Just stick with me, kid, and you may go home with the gem.
Her first word of advice: Knowledge is power. Where do you get most of your information on these grand trucks? Your answer should be auction catalogs. These tell-all little booklets hold secrets not only in their specs but even in their histories. A truck might shine on the outside, but that doesn’t mean that it doesn’t have a little hidden history that might make eyebrows rise. Collect these catalogs like so many rare coins.
Decide on a budget with a calculator in hand-the sword. Firmly place your hand on your wallet lest the fervor of a bidding war takes over. You are right in the heat of it, your adrenaline pumping, numbers being thrown all over the place; the next thing you knows you’ve bid on one truck for the price of two trucks. Ouch! A bidding cap is that shield against these kinds of mistakes. Networking through such auctions, finding that friend with a backstage pass to a rock concert, discussing with the lots of dealers, nodding to fellow buyers-the inside information suddenly begins to flow in.
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