Terms and Condition
GENERAL DISCLAIMER: Tranzon Auction Properties assumes no liability for errors or omissions in this listing. Items sold As Is, Where Is, without any warranties whatsoever, whether express, implied or statutory. Expressly excluded are warranties of merchantability, fitness for use and purpose and description. Hour meter readings or mileages are unverified information and accuracy is not guaranteed in any way. Any information is gathered from sources believed to be reliable, but is not guaranteed to be accurate. Items are available for inspection and any bidder is solely responsible for personally inspecting the item and verifying any information presented here or elsewhere. Item descriptions and listings are subject to change, correction, update or cancellation at any time, without notice. By making a bid, Bidder accepts the terms and conditions below and will be bound by them.
BUYER PREMIUM: 15% Buyer Premium applies to any purchases made via the online bidding platform. The 15% Buyer’s Premium (paid by Buyer) will be added to the hammer price (bid price). The hammer price (bid price), plus the 15% Buyer’s Premium will be the Purchase Price payment.
AS-IS, WHERE IS: All items are sold "as is, where is" without warranty or guarantee. Please inspect all items carefully before bidding. There will be no re-bids or rebates after an item is sold.
INSPECTION: Bidders will be allowed to preview the vehicles BY APPOINTMENT on Wednesday May 20th from 11:00am. until 2:00p.m., and Friday May 22nd from 11:00a.m. until 2:00p.m.
BIDDING: Bidding will commence on May 25th and conclude on May 27th. All bidding will be done online only. NO LIVE BIDDING. The Auctioneer reserves to reject any and all bids.
PAYMENT: Successful bidder shall be required to pay for all items prior to pick up. Full Purchase Price payment is to be made within 2 days of the conclusion of the auction by WIRE TRANSFER. Partial payments will not be accepted. All sales are final. No items can be removed until entire Purchase Price payment is paid in full. Auctioneer reserves the right to resell buyer's lots if full payment is not made within specified timeframes.
REMOVAL, LOADING AND SHIPPING: No items may be removed until complete payment has been received. Buyers are required to make their own shipping arrangements. If items are not picked up during removal period, buyer will forfeit the item(s) with no refunds. The winning bidder is responsible for their own shipping and loading. SHIPPING: ALL SHIPPING AND HANDLING COSTS ARE THE RESPONSIBILITY OF THE BUYER. Items must be removed no later than Monday June 1st 4:00p.m. or a $75 a day storage fee will be collected.
DAMAGES: Buyer does hereby indemnify and hold harmless Auctioneer and Seller from any and all damages and claims of any type whatsoever, caused during the auction or arising out of the auction, or by the removal of the merchandise purchased. Buyer will be held responsible for any damage Buyer may create to the real property, other merchandise at the sale, or parties during the removal process. The Buyer, whether acting as principal, agent, officer or director of a company or otherwise, in any capacity whatsoever, and the company Buyer represents, both jointly and severally agrees to indemnify and save harmless Auctioneer and Seller and their employees, agents, and attorneys, and real property owner from any and all actions, causes of action, suits, damages, costs, and losses of any nature, including injury and death, arising from the purchase or use of any merchandise, or the attendance or participation of Bidder, his/her agents or employees, at the auction and/or on the auction site whether before, during, or after the auction.
DEFAULT, RESALE and RISK OF LOSS: In the event the Buyer fails to pay the full Purchase Price payment within the time set forth by the Seller, and/or fails to comply with any of the Terms and Conditions of Sale, the Seller may resell the item at public or private sale without further notice. Any deficiency resulting from such resale shall be paid to the Seller by such resale and enforcement of the obligation there under. Buyer agrees to pay any and all charges and expenses incurred by reason of any breach of the Terms and Conditions of Sale, including without limitation reasonable attorney's fees. All risk of loss, damage and theft to said items passes to BUYER at the time of announcement of the successful bidder. Auctioneer and Seller are not responsible for damaged, lost or stolen items.