Buying at auction?

[rynnor]

Anyone do this much? I bought a car at auction once but thats about it.

If theres a bunch of the same item can I expect the later ones to go for less than the first ones?

 

[caLLous]

I would expect the later ones to go for more because of supply and demand and all that?

 

[Tom]

Buyers have a chance to browse the catalogue beforehand, so I would imagine they'll bid whatever they think whatever car is worth, regardless of its position in the auction.

 

[ford prefect]

I buy at auctions a lot - they are quite unpredictable to be honest, a lot of the time you will get a bargain, but not always.

As for many of the same item - it depends on what it is, that kind of thing often attracts trader interest.