Liquidation Auctions - Are they worth it?

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Liquidation Auctions auctioncog com
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Liquidation Auctions auctioncog com

What are you really paying?

Liquidation auctions differ from eBay auctions, they add a buyers premium - which can be as much as 20% on top of the original auction ended price. On top of that the buyers premium is subject to VAT. Then on top of that is the shipping cost.

A £300 ended auction for example could therefore work out as follows:

£300+20%(+VAT)+£10(shipping) = £382

We've built a liquidation auction fee to help bidders buyers at auctions. 

Liquidation auctions differ from eBay auctions, they add a buyers premium - which can be as much as 20% on top of the original auction ended price. On top of that the buyers premium is subject to VAT. Then on top of that is the shipping cost.

A £300 ended auction for example could therefore work out as follows:

£300+20%(+VAT)+£10(shipping) = £382

We've built a liquidation auction fee to help bidders buyers at auctions. 


Everyone dreams of finding some golden ticket, fast money, or big prize, like in those fantasies of discovering that hidden gem in a pawn shop or garage and getting rich on it. It is this desire that has lead to increased interest in the auctioning-off of liquidated assets. Suitcases that no one ever claimed, or that for whatever reason were never reunited with their owners, are auctioned off with only a brief description of its contents as an indicator as to what’s inside, (“Black Antler pull-along cont. Child clothes”). In the wake of shows like ‘Del Boys and Dealers’ and ‘Baggage Battles’ which focus on these auctions many people have decided to have a go themselves, filling up auction houses once attended only by a few regulars.

 


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