Sell it on Ebay for the most money
lathmach
Posts: 4,720 ✭
I sold my business in 1997 under a contract where I was to get paid a set amount of money for a number of years. I perfected liens on all the machinery.
The party I sold it to filed for bankruptcy under chapter 11, and just a month and a half ago the bank put them in chapter 7, and ordered a liquidation auction. The machinery I sold them was held hostage by the bank until the day of the auction, when they finally relented and gave up their claims.
I had nowhere to put all of the machines, and had the auction firm sell 3 machining centers. I nearly puked when they were sold. My Pratt & Whitney Tapemate F sold for $300. My 2 Acroloc AS22 Machining Centers sold for $700 each.
The buyer of the Tapemate sells machine tools on Ebay and listed it right away.
This is his Ebay auction.
Tapemate F
Ray
The party I sold it to filed for bankruptcy under chapter 11, and just a month and a half ago the bank put them in chapter 7, and ordered a liquidation auction. The machinery I sold them was held hostage by the bank until the day of the auction, when they finally relented and gave up their claims.
I had nowhere to put all of the machines, and had the auction firm sell 3 machining centers. I nearly puked when they were sold. My Pratt & Whitney Tapemate F sold for $300. My 2 Acroloc AS22 Machining Centers sold for $700 each.
The buyer of the Tapemate sells machine tools on Ebay and listed it right away.
This is his Ebay auction.
Tapemate F
Ray
0
Comments
You're right. eBay is quickly becoming "the market", although many will disagree. Its' you best chance for a fair market price, whether you're selling "Pez dispensers" or "Tapemate F"'s
Man, that guy made a quick profit on your rig. Oh well...
By the way, what the h*ll does that machine do?
Dave
I attend all kinds of auctions each month and the one thing I always hear being wispered in the room is the word 'Ebay'.