Buying Statistics

Did you know that more than half of the population has attended a live auction? Consumers find auctions fun because they're a rewarding activity for the whole family to enjoy. On average, consumers are willing to drive 1.3 hours to attend a live auction, with 75% bringing the family when they go.

Here are some of the others reasons why consumers love attending auctions:

• 83% think auctions are an exciting way to get good deals

• 51% think they offer a great value on items

• 65% think auctions offer exciting items they wouldn't otherwise purchase

• 53% like the excitement of getting a good price

These figures come from a comprehensive research study

commissioned by the National Auctioneers Association.