Note to auction houses

[x2drich2000]

Personally, I think running an auction the 1st week or two of the year would be a disaster. I fully agree with the idea that people may have received year end bonuses and it can pay well to work when there is no competition. However, I believe most people count on and have spent their bonuses before they actually receive them. As such, the funds aren't available for extra purchasing. The first 2 weeks of the year generally would coincide with when the first credit card payment after the holidays would be due. As a result, people would be short funded due to paying off their holiday credit card bill. I also don't think using car sales is a fair comparison since most people take out a loan to purchase a car, but i don't know too many auction houses that let people purchase on credit.

DJ