In an age where more and more people are undertaking do-it-yourself activities around the home, discount tools have become ideal gifts for both men and women. Indeed, anyone with do-it-yourself tendencies appreciates a good set of tools.
With this appreciation, comes the ever-present desire for a good deal when shopping for tools. Luckily, there are several methods for acquiring tools that can save you a bundle of money. Equipment auctions are one such method.
In-house equipment auctions work in very much the same way as regular auctions. At first, the equipment is set up in a large warehouse style room where potential bidders can walk through the displays and take notes on the numbered items in view.
After a few hours, everyone collects in another room, where the items are individually auctioned off to the highest bidder.
Some equipment auctions are done “silently,” and in this case, the items are presented in the room as with other normal style auctions, but the bidders simply put their name and what they can afford on a piece of paper and put this in a confidential box next to the item they want.
At the end of the day, the...
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