Ritchie Brothers Auctioneers - Buyer beware!

[murphy1244]

This is actually healthy in that it weeds out the uninitiated and teaches the lessons of life their parents and life's history should have taught them. Bet the guy will be smarter the next time and we didn't need a law to explain the obvious to someone not willing to listen.

Seriously, if there is a law on Ohio on auction honesty, it's nowhere to be found. That's whay auction prices are cheap.

When you glue in bolts that is fraud, weather it goes to auction or private sale.

 

[MFRED]

Not fraud, just a crappy repair. What if he wasn't a mechanic, just a homeowner that thought that's the ceapest way to fix it? That make it OK? What if that fix worked for 500 hours? He didn't go to the auction & tell the bidders the machine was perfect did he? As-is, Where is. There's a reason for it.

 

[murphy1244]

what ever, hope you buy it.

 

[JimRB]

There is a saying honesty or integrity is what you do when no one is watching. Could be expanded to when know one is there holding a baseball bat or gun.

 

[MFRED]

I have bought them. Fixed them right, stood behind my work and sold them to people who were smart enough to stay away from the auction in the first place. I made money, the customers got a fair deal and are still happy. Everyone knew the machine was an auction piece, gone through the best it could and sold understanding it was a used piece of equipment. I've gotten burnt. It happens. I didn't go cry to the auction house. I would be embarrased to. You just have to pay what you safely can.

I've JB welded in bolts on my own equipment too. Factory repair? No it wasn't. But with a few thousand hours on the front timing cover of my 165 and still no problem I would say even an auction go-er woulda made out alright.

What's next? Lawsuit against the Casino when you weren't smart enough to stop gambling? You are buying at an auction! There's a reason why it's there. Yeah it may be the owner wants to get out of the machine quick, "The job got finished", downsizing, retirement, maybe. But it could be it's a piece of junk. There is no safety net. Everyone wants to steal a piece of equipment at a good price and get the benefit of someone backing it up as if it was bought at fair market value.

 

[Paystar]

I can't believe there is even a discussion about this. I thought it was pretty well known that auctions are where business owners like myself get rid of worn out old junk and new lemmons that you can't sell for any decent amount of money.
If the stuff was any good it would be sold privately or through a dealer.

Of course it is "buyer beware" at an auction.

 

[DT86]

I can't believe there is even a discussion about this. I thought it was pretty well known that auctions are where business owners like myself get rid of worn out old junk and new lemmons that you can't sell for any decent amount of money.
If the stuff was any good it would be sold privately or through a dealer.

Of course it is "buyer beware" at an auction.

I agree. Auctions are where you go to buy other people's problems from them. Sounds like they need to put their big girl panties on.

 

[greasemonkeyok]

So then are you saying it OK for the seller to lie about the features just because it is an auction?

Or, would it be in your best interest to have folks believe auctions are dangerous places to buy equipment so you don't have as much competition at the next auction?

 

[CBW1999]

I seriously doubt Ritchie Brothers lied about anything.

At any auction, when you APPLY for a bidding number, you must accept the terms. Essentially aknowledging that, the bidder is ultimately responsible for knowing what they are bidding on. I have also seem the printed disclaimers that the auctioneer is not responsible for errors in the dedscription of items.

I don't care what the weather is. If I am going to spend thousands of dollars on something, I will call on, over, in and under to look at it first. The OP stated he had limited experience with tractors but had driven the model with HST. Even in his brief look, it should have been painfully obvious that it was not an HST model.

Commenting on other statements- I agree that auctions are the typical "unload the junk" event. I would seriously question the origin of a new tractor with only 15 hours. If it was a bank repo or bankruptcy- I wold consider it. Otherwise, you really gotta wonder.

 

[Rock knocker]

When you glue in bolts that is fraud, weather it goes to auction or private sale.

Not fraud, just a crappy repair. What if he wasn't a mechanic, just a homeowner that thought that's the cheapest way to fix it? That make it OK? What if that fix worked for 500 hours? He didn't go to the auction & tell the bidders the machine was perfect did he? As-is, Where is. There's a reason for it.

It all depends on knowledge and intent. Brian55 (Brain?) has stated all over the internet his intent to deceive. He has the knowledge that some of his actions were not questionable ad-hoc repairs, but were done with the sole purpose of hiding huge material defects from a future buyer. A farmer who valves off a cylinder so he doesn't have to see the inky smoke from a dead hole, but then forgets to open the valve or repair the cylinder prior to a sale did not act with financial malevolence in mind, just a little absent mindedness. A court could find against the farmer for a civil action. A prosecutor could look at Brains actions and statements as cause for a criminal complaint.

I am not a lawyer, but I sure as **** am smarter than anybody who brags on the internet about their misdeeds