I Sold 8 Machines at Auction - How Much Profit or Loss?

I entered 8 machines into the Stags Online Auction did they make their reserves, did they sell? How much did they sell for at auction? And did we make money and profit? #auction #auction_techniques #auctioneers #farmequipmentauction #farmmachinery #usedmachinery #buyingandselling #profit #makingmoney #farming
Contact us
contact@machinery-nation.com
View the stags next auction here
machineryauctions.stags.co.uk...

Пікірлер: 31

  • @richardleigh1762
    @richardleigh1762Ай бұрын

    Hi James , taking the rough with the smooth youse got a nice little earner going on there , keep it up .

  • @stephenkelly2067
    @stephenkelly2067Ай бұрын

    One best channels on youtube😊

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Thank you Stephen 🤩

  • @DJC995
    @DJC995Ай бұрын

    Nice one James They sold well see the blec rake is still there Have a good weekend Thanks again

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Thanks Darran mate. That’s sold just not gone yet haha

  • @larsselter940
    @larsselter940Ай бұрын

    very much enjoyed the vid, thanks team

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Thanks Lars 👍🏼

  • @shaun30-3-mg9zs
    @shaun30-3-mg9zsАй бұрын

    Hi James + Mike, Have you tried pushing a ratchet strap......lol. i'm glad you made profit on some of your items over £5200 on the Komatsu, that is a great profit. Keep up the great work and keep us laughing, as always a great video, Take care

  • @rossnolan2883
    @rossnolan2883Ай бұрын

    Fantastic 😊😊😊😊

  • @tinkeringtaylor3053
    @tinkeringtaylor3053Ай бұрын

    Good sale of the Komatsu James, PZ haybob the hight wheels seize on all of them, good idea to try and get the price your looking for, for the Kubota with loader but well done on your first of many sales 👍👍

  • @Money-Fast-Plan-a
    @Money-Fast-Plan-aАй бұрын

    "Real difficulties can be overcome; it is only the imaginary ones that are unconquerable." ---Theodore N. Vail

  • @LewisgardenservicesLtd
    @LewisgardenservicesLtdАй бұрын

    Nice to get a payday 👌 like contracting I guess some days you're ahead and others behind but it usually works out in the end👍 the kit seem to be getting bigger and bigger😬... what's next?😅

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Haha, yeah they seem to be, we will see what’s on the horizon haha.

  • @geraldbeard856
    @geraldbeard856Ай бұрын

    in my experience of auctions is that anything that is good generally sells well.......the cost of new stuff has gone up so much......that was good money for the Lely mower i thought

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Yeah the Lely did sell well 👍🏼

  • @Money-Fast-Plan-a
    @Money-Fast-Plan-aАй бұрын

    "Be miserable. Or motivate yourself. Whatever has to be done, it's always your choice." ---Wayne Dyer

  • @ciaranconeely8579
    @ciaranconeely857917 күн бұрын

    👍👍👍.

  • @chrisbond8821
    @chrisbond8821Ай бұрын

    Hi James, how much are you asking for the bowser / pressure washer please?

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Hi Chris it will be £1950+vat 👍🏼

  • @chrisbond8821

    @chrisbond8821

    Ай бұрын

    @finditfixitfarmit Thanks for getting back to me, but that's a bit more than we can justify at the moment. Thanks anyway.

  • @Gordon_L
    @Gordon_LАй бұрын

    To clarify , the loader was 8k + commission ( 10% ? ) + vat 20 % so was that somewhere around 10 k all up purchase price James or how does it work in the UK please ?

  • @CharlesYeo-qs6nb

    @CharlesYeo-qs6nb

    Ай бұрын

    Most auctions have 10% commission upto £2,000 and 2% commission for every thing above that. VAT if you operate a business with a turn over above £100,000 you can claim VAT back. If you are a small business you get shafted all brought about by the EU.

  • @geraldbeard856

    @geraldbeard856

    Ай бұрын

    @@CharlesYeo-qs6nb if your a farmer you can claim back the VAT but i don't know if that aplies to james as a machinery dealer allthough he has got a small farm

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Hi Gordon, great question. In this auction the commission was 8% up to £2000 and then 2.5% there after. So the loading shovel commission was £309.95 and then the “tax” at 20% on top (which as a business we claim back, but also have to charge when we sell) must auctions are 10% over here but some go up to 14% and generally capped at £2500-3500. Hope this makes sense 🤣

  • @johnheneghan174
    @johnheneghan174Ай бұрын

    Any 3 ton digger for sale

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Not at the moment. My 5ton will be for sale though.

  • @CT-oe1ug
    @CT-oe1ugАй бұрын

    What would Magic Mike fetch at auction?

  • @user-hc1vy3ds4f

    @user-hc1vy3ds4f

    Ай бұрын

    I don’t think anyone could afford him.👍

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    If we do sell him, I’m putting the commission up very high 😂

  • @user-fz8ep5ey4v
    @user-fz8ep5ey4vАй бұрын

    You keep saying ‘ done ‘ when you mean ‘did ‘

  • @finditfixitfarmit

    @finditfixitfarmit

    Ай бұрын

    Sorry, I’m not amazing with the words I use. I am from Devon after all 😂