Last Saturday, I had my first ever experience in a car auction. The good news is I actually had a successful call and got a vehicle.
Our company has been considering getting a few vehicles for site supervision use for one of our projects. We have been told that it is worth considering getting a vehicle or vehicles in a car auction. The day before, we went to the car storage yard to scout around for potential vehicles. We were only eyeing for 4WD twin cab of 2005 release. We managed to find 3 nos.
The actual auction was interesting. One architect whom I know told me earlier that he was eyeing one Proton Wira. In the Auction, the bet for the Wira was between 2 persons. The call started with RM21,000. At an increment of RM200, the price spiralled to a final call at RM23,600. The architect was determined to get his bet and never yielded until the other party finally gave up at RM 23,400. The architect won. I think it was a good buy.
My 1st bet was a Nissan Frontier 2005 make starting with RM50,000. I raised my number. Then someone responded with RM50,500. I topped with another RM500. She added another RM500. I stopped at RM52,000 at my pre-set target. It was finally sold at RM53,000.
I was successful at my bet for my 2nd choice of another Nissan Frontier. From RM50,000. My opponent finally stopped at RM51,500. I got it for RM52,000.
That was an exciting Saturday afternoon. I will most likely be around at the next auction. It will be another session of test of nerves !
4 comments:
cool...
is the frontier a replacement for your current ninja?
taitais are always good in auctions. up is never a hassle.
It for my site staff in Kudat. A water supply project inclusive of a dam.
What was the auctioneer like? Did he talk very fast like they do on TV?
I think I would find participating in an auction quite daunting... might not be able to make up my mind and make a split second decision before it's too late...
But it certainly sounds exciting! It would have been fun to be there with you for the experience
Here, auctioner speaks slowly compared those seen in cow auction in TV. Probably, the obvious reason is that we are just getting started into the business of auction !
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