unimog1300
Member
- Joined
- Apr 19, 2009
- Messages
- 24
I had been to an auction about 4 weeks ago to look at a Cat Olympian generator. The company was downsizing and didn't have a need for it anymore. We watched it "sell" for $7100 plus 10% buyers premium. Everyone thought that was a good deal, as it retailed for $19,000 in 2004. After reading about all the great deals on CL I decide I'd look too. Started about a month ago and haven't really found anything that seemed like a "deal". Last week I decided to check out the "business" section of CL for the first time and did find a deal. Low and behold, I find the same generator from the auction that I had been to 4 weeks ago, with the same pictures from the auction listing. They were asking $9000 for it. I sent them an email, asking if they had bought it to re-sell. After several emails back and forth, it was obvious that they had never sold it that day at the auction. I never played my hand that I had been there at the auction. They told me to make an offer, so I did. Within 30 minutes they responded that we "had a deal" and I had bought it for $5000. It also included a 225 amp transfer switch. It's a D60P3 and has 188 hours, looks like new. It was serviced by the Cat dealer the entire time. I stopped by the Cat dealer and talked with them about it and asked what a good price would be. He said that anything around 1/2 of new price was a deal. I picked it up yesterday and brought it home, it was just 15 miles away. The girl told me they had tried to sell it at an auction and had a reserve of $7500 and never met it. Our current Generac unit, which you can see in the back of the pictures, can't run the entire house, my building, and my wife's shop. This one will run all of them, at 50% capacity. Perfect.
