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Surplus retail but not new manufacturer prices.

All those trucks GL was moving over the last few years they were keeping 70 or so percent of the money. They bought the truck centers for military truck offsite resale. That's a huge loss in revenue not having the truck sales. Plus they are still paying Truckcenter overhead. With the truck sales...

If an item does not sell sometimes GP will re-run it at a lower starting price just to get rid of it. They want to control the flow and keep prices up but the gov is dumping so much stuff they are overloaded. Stuff is stashed all over the place at civilian sites. I spoke with one of the GP guys...

Technically GL owns the stuff and you are buying it at their auction from them not the gov. In the contract the gov sells it all to GL and there are resale requirements per contract of GL re-selling it at public auction to the highest bidder. I think alot of the stuff GL does is fishy. You could...

I was high bidder on an item that did not meet reserve and I never heard anything else from GL on it.

GL is up to no good because they are in terrible shape now that their main cash cow the truck contract is gone to GP. The gov surplus rules specifically state stuff has to be sold to the highest bidder. But they are putting reserves on items in an attempt to drive up prices. I have seen many...