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Old 12-03-2017, 11:04 PM
CadillacMike CadillacMike is offline
 
Join Date: Oct 2009
Location: Tampa Bay FL
Posts: 3,456
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Quote:
Originally Posted by slufstuff View Post
I would be bidding the heck out of those auctions, however when you dig into the fine print, it is very heavily weighted to favor big surplus dealers. For example, they offer no direct shipping, only third party shippers who charge a substantial fee to not only pack and ship your items, but for acting as your receiving agent. Then you have to contend with the end user certificate process which can take several weeks to be approved by the state department after each sale. Each lot you win has to have an approval. About the only way an individual or small time dealer could afford to buy these would be if you were local to the auction site. Even then you still have to do the end user dance. Finally, they have arcane rules on bidding. For example, if you are a new bidder, you are only allowed to bid on 3 lots at a time. So if you are outbid at the last second on your desired lots, you have to wait until the next auction cycle to bid again. Then you have to meet the minimum purchase rule, which is you cannot bid on more than 3 lots until you have won 6 auctions. The Catch 22 is, you can only bid on 3 at any given time, so it could take several auction cycles before you can get the 6 winning bids. Of course if you have won auctions previously (such as the big surplus dealers), you are allowed to bid on as many lots as you wish. They really do not want the general public winning these bayonet auctions.

These .gov rules are a pet peeve of mine, as it is clearly rigged to divert these surplus bayonets into the hands of big dealers.

The lack of in-house shipping (something Uncle Sam's retail Outlet seems to handle efficiently) makes it almost futile for the small buyer of the auctions. Plus they charge a 12.5% buyers premium on top of your bid, PLUS sales tax for your state of residence. The only way to make it feasible is to buy in big volume, have a retail sales tax exemption, and drive there to pick it up in person.

I almost forgot, in addition to all the above, you also have to submit the End User Certificate in paper form only, no on-line submission process exists. None of your purchases goes anywhere until it comes back approved.
Not the way is used to be. Too bad...
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