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Check your paperwork. GL pays for the trucks before the auction. In some cases up to a year before the auction date. When you get the SF 97 paperwork, look at the transactions dates at when the item was transferred and what they paid. My last truck was 3 months before I bid.
If you think that what you spend in an auction goes to the government you are mistaken. Just look at the paperwork that comes with your SF-97. GL buys the trucks from 50-250 dollars for a deuce. That is months before they go to auction. Price is based on a maintenance report done by the army...
I am glad that the 15 minute rule allows you to bid again , rather than the person with the fastest modem to wait until 16:59:58 and sneak in and outbid you by 1 dollar. This is not a perfect system, and I have thought I won only to see the auction extended by 15 minutes. If you do not like...
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