Hi Fi House liquidation

Remember, if you win any of the items here or online, you have to pay a 15% "Buyers Premium" onto of your winning bid. Also, no credit cards.

I watched and have to agree that most of the stuff was going for about what you would pay for "mint used" and some of the stuff didn't have boxes/accessories. Some of the stuff sold for close to retail. I guess some of the bidders got caught up in the auction mentality. I did see a few good deals like a new 55" Panny Plasma for $600 and a new 65" UHDTV for %1550.

As far as I can tell, no way to know if any of it worked. WAY OVERPRICED.

What is a "Buyers Premium" and why would somebody be willing to pay 15% more for an item?

"Buyers Premium" is the fee the auction house gets. Selling price goes to HiFi house creditors.

OK thanks, Prpixel. So some items are not really worth buying.