@mowingman posted:Wow, that is a terrible amount to pay for a buyers premium. That is almost 20%. Stout didn't used to have a buyers premium. Is this something fairly new, or is it just charged on some auctions?
Pretty sure Stout's always had a premium
Misc info per stout's absentee bidder guidelines:
2. Internet bidder's premium is 19%, Buyer's premium is 16% if paying by check or cash.. paraphrasing here - the same is true for stout auctions website and phone bidders. In house attending bidder premium is 13%, 10% if paying cash,
3. Indiana or PA state sales tax apply 7% and 6 % respectively
4. no absentee bids under $50
misc info per Cabin Fever's website under auction info terms;
Buyer's premium = 15%
PA state tax of 6% added to all items unless tax exempt certificate provided
Billing will happen shortly after the auction closes, generally within 1 to 2 hours at most, all merchandise invoice totals are due immediately following the last lot closing and invoice being prepared. " It is expected that funds will be available at this time."
All pick up appointments are Tues thru Friday between 9 and 3
I hope the above constructively adds to the conversation.
