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Bidding extended on Open items for 3 minutes since last bid.
Category: TERMS (8 records) READY TO USE...WAS--->160421: Machine Shop Equipment - Internet Only Auction - April 21st, 2016 9:00am

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Inspection:  April 18th, 19th & 20th from 9:00am - 3:00pm at the auction location in Longmont.
  • Note: All items are being sold as is where is with no warranties or guarantees either expressed or implied. Please conduct a thorough inspection of all items before placing any bids.


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Internet Bidding:  This is an internet only auction with staggered ending times. The first 2 lots will close at 9:00am on Thursday, April 21st.  2 lots will close every minute thereafter.  Lots (or those that are part of a group) receiving bids within 3 minutes of closing will remain open as long as there is active bidding on the lot or a lot in the group. You may also place your maximum bid price and the system will bid for you up to your maximum bid but no higher. Please call our office with any questions@ 303-289-1600 or 866-515-1668.


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Buyers' Premium:  There will be a 13% buyers' premium (10% if paying in cash or cash equivalent) added to all winning bid prices and is subject to all applicable sales tax.


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Payment:  Payment is due by 4:45pm on Monday, April 25th.
  • If you'd like to have your card on file charged after the auction please respond to your invoice email with your approval to do so.  After this is done a paid receipt will be sent to you (during normal business hours) that you can take to the auction site for removal.
  • You may pay online or at our office in Denver (7500 York Street) on April 22nd or 25th from 8:15am - 4:45pm.  We are closed on the weekend.
  • Payments will be accepted in Visa, MasterCard, Discover, cash, bank wire transfer, cashier check, personal/company check approved by TeleCheck or accompanied by a letter of guarantee from the bank. (Payments in cash, bank wire transfer, cashier check or check with a letter of guarantee from the bank will receive a 3% reduction off of the buyers premium.)
  • We will no longer, other than the re-listing fee if items are not paid for, be automatically charging bidders credit cards for their purchases.


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Re-listing Fee:  If your auction purchases are not paid for by the specified deadline the credit card on file will be charged a re-listing fee of 10% of the total bid price(s), or $10, whichever is greater. Those individuals not paying will not be permitted to participate in future auctions.


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1F T1F-1.jpgRemoval:  All purchases must be removed at buyers expense and responsibility on April 22nd & 25th from 8:30am - 4:00pm at the auction location in Longmont.  We are closed on the weekend.
  • Individuals picking up after this date may incur a late removal fee or may not be permitted to participate in future auctions. We schedule our crews based on these dates so if you're unable to pick up within these time frames please do not bid.
  • It is the buyers responsibility to pick up all purchased lots, including if a 3rd party is picking up on the buyers behalf. Roller personnel is there to assist/locate items but not to verify all items have been picked up. We will attempt to assist with this, but it is ultimately the responsibility of the buyer.

 


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1G T1G-1.jpgHelpful Hints: This auction will close at a rate of 2 lots every minute.  Below you will find some hints/tips that will help you keep up.
  • Watch Feature: Once you are logged in you can utilize the 'watch' button to add items to your review bids list. This will allow you to watch only those items you are interested in.
  • Open Items: Once the auction begins to close (9:00am on 4/21/16) you will see an 'Open Items' link at the top of the page. This is an important feature many people don't notice. Clicking on this link will enable you to have the system only show those lots which have not yet closed including those that are in extended bidding. This will help in those situations that you're bidding on a lot that's in extended bidding and future lots you have interest in are beginning to close. They will be shown much closer together using this Open Items feature. Just a note, this will also refresh your screen.
  • Current Bids: One way to easily place a bid for the next required bid amount is to click the dollar amount that is underlined right next to current high bidder number. This will automatically place this number into the current bid box. Then you just need to click submit bids to continue with the process.
  • Maximum Bids: Using maximum bids is another way to help stay on top of your bids. Using the maximum bid column allows the system to bid for you at the next bid amount without you needing to monitor the auction.
  • Grouped Ending: You'll notice on some of our auctions that certain lots will show up as a GROUP. All lots within this group must have a period of 3 minutes of inactivity before any item in the group will close. This is done to give the buyers the ability to choose which of the assets they prefer and bid on that one without losing the opportunity to bid on their 2nd choice, 3rd choice, etc.


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1H T1H-1.jpgUse this lot to place practice bids. Feel free to experiment here with placing max bids, current bids or both. Call our office with any questions. 303-289-1600 or 866-515-1668.

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Denver, Colorado 80229

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