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Eric Siu shows Costco liquidation auctions where expensive exercise equipment sells for pennies on the dollar: a $8,490 machine for $302, a $7,000 item for $100. The catch is they're used, but the resale opportunity is real in a soft market.
Eric Siu shows Costco liquidation auctions where expensive exercise equipment sells for pennies on the dollar: a $8,490 machine for $302, a $7,000 item for $100. The catch is they're used, but the resale opportunity is real in a soft market.
Costco selling $9,000 exercise equipment for $100. Costco has a liquidation auction. It continues to basically give this product away. $8,490 worth sold for $302. Okay. $7,000 worth of equipment sold for $100. $9,500 worth sold for $402. On Costco.com? Is it used or brand new stuff? It's used. Costco liquidation auctions. So he says, I know there's a reason, quote unquote, soft market that they're selling so cheap, but I can't help but also think that the person who solves for where to sell is going to make a killing. Your thoughts? Basically, you search for Costco liquidation deals and you're going to be able to find these things at a massive discount because people are just bidding on this stuff. And I don't think a lot of people know about this. And so that's why it's selling for so cheap. So me telling you guys about this right now, yeah, you're welcome.
