I've been to several auctions over the last 3 or 4 years, and every time they have a decent larger air compressor, it seems to go for near to new price. I have wanted a decent one that will keep up with the tools I want to use. I finally broke down Monday and bought a brand new Industrial Air, 60 gal, 10.5 CFM @ 90 PSI compressor and installed it in my shop. After buying the pipe pieces to plumb the outlet, a 220 volt plug in cord, and my time, I have less invested in it than standing at an auction all day to try and buy an older compressor for near new price. Plus, I have a warranty.