I found me something I want on there, but the auction doesnt start for like 13 days. How does the site work?
Well like any other site you just register. That's very simple but there are more questions than you would normally have to answer. There's nothing unusual about navigating the site. All auctions start out at $50. They usually go for 3-4 days. It works like any auction site in that regard. You put in a bid and then someone else bids higher and you rebid, they rebid... etc. You can put in a max bid like on ebay and it goes up incrementally.
Once you win something you will have to submit an "End Users Certificate". You cannot submit one beforehand. This process is very complicated considering how easy it is to register. You basically have to prove that you are who you say you are and that you aren't going to do anything outside their guidelines for the items you have purchased. It will take 4-6 weeks for initial EUC approval. Subsequent purchases will each require a new EUC be submitted but I understand the approval process is dramatically shortened once you are in the system.
Some things to note;
Collection of items is on their schedule, not yours. You will be given a window of time to get them. It may state that in the auction or you will find out once your items have been paid for.
Some items are being sold for scrap only. That means they must be destroyed and cannot legally be used.
Unless it's a large item, such as an engine or vehicle, etc things are sold in lots. The sizes of the lots vary. Most smaller items are in large lots that make it hard to justify purchasing. Most lots are of a variety of different items on the smaller stuff.
Read
all the fine print. Most things have conditions that must be met whether it be destruction of item or pickup or any other conditions they may have in effect.
Be 100% financially prepared as you will not get a notice that they are billing you until after the fact.
That said I think it is a great resource for someone who can identify what they're looking at and is willing to go through the whole purchase process.
