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More money to GL means more money to the govt.. Budgets are tight, who is going to say anything? Us? Yea right, like anyone is going to listen. And technically they are still selling to the highest bidder. If the bids do not reach the reserve they just lower it for the next...

Well, all the ones I was looking at all sold. Some crazy prices too. I guess as long as people will pay it then the prices will stay there. Look at generator prices in Hawaii if you want to get bummed out, unless you are in Hawaii that is.:twisted:

I don't know what the going price normally is on the later gen-sets but I would say that was a good price IF and only IF they ran. That is the key to buying stuff here, there are no guarantee's. What would you have said if you got them home and it was seized? I would bet you would not have been...

And the bottom line is probably less money at the end of the year for the government. Either way, not good for us.

I am not talking about the minimum bid, I am talking about reaching a reserve before the bid is accepted. Looks like over a grand on MEP003's! Ain't getting it from me!!!

When did they start putting a reserve on auctions? I am looking at generators and they all have a reserve, a fairly high one for what I am looking at from the looks of it.