Quote:
Originally Posted by Peter_Spaeth
Far more likely, you lost to someone who wanted it more than you did.
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Fair enough. I'm not one of the angry buyers to whom I referred in my post, though. I just tried to figure out the psychology.
The BP (and sales tax, shipping, insurance, etc) is something I take into account when bidding at an auction. My estimates are fairly accurate and I enter everything in Excel
before extended bidding starts. That way, I can adjust on the fly.
Am I willing to pay X? I'll enter that number in the appropriate cell and it will recalculate my max bid.
The next bid increment is Z? I'll enter that number in the appropriate cell and it will recalculate all-in cost.
I think there are bidders who don't think things through. They'll have an "oh, $#!t" moment later, followed by a dash of buyer's remorse.
12-23-2021, 06:38 PM
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