Buying at auction is not for everyone! Please take the time to read these terms carefully and understand exactly what you are getting into when you buy something in an auction. It can be rewarding to get a great deal, but it can also be disappointing if you are not prepared and you do not understand the risks.
You must register and get a bidder number to participate in each of our auctions. There is no cost to register, but a photo identification issued by a government agency is required and you must be at least sixteen years old. You can register in person before the auction or you can preregister through this web site. As a bidder, you are responsible for inspecting each item that you bid on before you bid on it and you should not assume anything about the item’s condition, fitness of use or merchantability that is not expressed explicitly in writing. Do your due diligence before you bid, it is too late if you discover something about the item after you have been declared the winning bidder.
We do not do an inspection for defects, but we do disclose what we know about the item. When we state that an item ‘Runs/Moves’, this means that we were able to start the engine and the item moved under it’s own power at low speed on our yard. It does not mean that the transmission was tested in all driving conditions and therefor it should not be assumed that it is in perfect working condition. When bidding you should keep in mind that you will have no recourse if you discover defects after the fact. Your only options will be to fix the item or resell the item as-is. Manufacturer recalls may exist that have not been addressed. If these concern you then you should do your homework before bidding and find out if any recalls exist and what is involved in addressing them.
There are two ways to bid at our auctions. The majority of our customers choose to attend the auction and bid live and in person. However for those who are unable to attend, the alternative is live online bidding through Proxibid which is an internet bidding portal. You must register with Proxibid and get a bidder number from them to participate in our events online. There is a 2% online bidding fee that will be added to each transaction for this service. Payment in full for anything purchased through Proxibid must be made before the close of business on the Monday following the auction on Saturday.
All of our standard payment terms will apply to the alternative bidding method with the exception of having to pay in full by the end of business on auction day. We extend the payment deadline to the end of the business day on Monday following the auction. Whether bidding live in person or online through Proxibid, if you are the high bidder on one item or multiple items, you are responsible for payment according to the terms spelled out in the payment terms section of this web site. Failure to do so will result in your being banned from participating in any of our future auctions and may result in judgements based on losses incurred by the seller as a result of non-payment.
Again, buying at auction is not for everyone. It requires a fair amount of self control and personal responsibility. Due diligence is a must in order to minimize the chance of making a mistake. Bidders come to auctions in hopes of a great deal and the trade off is the risk involved. The risk is that the great deal may not turn out to be so great. A smart bidder is the one who understands the risks, does all the due diligence possible, manages their expectations and learns how to play the odds. Guarantees come at a cost and this is why it is hard to get a GREAT deal when buying something with a warranty and that is why the vast majority of items sold at auctions are sold AS-IS, WHERE-IS WITHOUT WARRANTY of any kind. The seller understands that they may not get as much for their item by selling it at auction, but they do not have to provide a guarantee or deal directly with the buyer.