Terms & Conditions
A PAID INVOICE as proof of payment from the Auction Company is required for release.
All sales will be made to the highest bidder, shall be final, and sold in "as is - where is" condition, free from any guarantee or warranty.
You will receive an email by the next business day if you are the winning bidder, with instructions on how to make payments and where to pick up your items.
There is a 15% Buyers Premium on this item.
All bidders understand that all high bids for items up for auction are subject to Agencies/Sellers confirmation. The high bidder will be notified no later than the next business day of the Sellers confirmation. All payments must be made within 24 hours by Wire Transfer or overnight Cashier's Check to Auction Liquidation Services, 1 Industrial Way West, Bldg A, Eatontown, NJ 07724.
Late payment; failure to complete sale:
If the winning bidder fails to pay the purchase price and other associated fees before the payment deadline then the winning bidder must pay to Auction Liquidation Services a late fee equal to 2% of the purchase price. If the winning bidder fails to make full payment of the purchase price and other fees within five (5) days after the auction, such winning bidder shall be deemed in default of its obligations in connection with the bid and shall forfeit its rights to purchase the goods, in which case the Seller may sell the goods to another bidder. If the winning bidder is in default as set forth herein, a Default Penalty will be assessed to the winning bidder in the amount of $1,500 or the dollar amount of the invoice, whichever is less, and the winning bidder will be barred from bidding on other auctions on the marketplace until the Default Penalty is paid. The Bidder will also have to pay a $250.00 non returnable fee to Auction List Services to be able to be allowed to have the privilege of bidding again. The Default Penalty must be paid to Auction Liquidation Services by cashier's check or wire transfer. In the event of a default as set forth in these Terms and Conditions and as is allowable in accordance with the laws of the State of New Jersey, the winning bidder may be subject to other claims, damages or liabilities to the Seller and/or Auction Liquidation Services.
There will be NO WEEKEND releases. After the final removal date there will be a $25.00 per day, per item storage fee charged to the Buyer. If merchandise is not removed within 5 days of the final removal date, the ownership of the merchandise will revert back to the original Owner/Seller. The Owner has the right to sue for collection of such charges. Merchandise becomes the full responsibility of the Buyer at the time the Buyer takes possession and Buyer assumes all risk of loss and damage to property at that time.
The descriptions of item/lots appearing in the auction and in advertising prior to the auction are believed to be correct. Nevertheless, the Auctioneer is not responsible for the correct description, year, make, model, VIN#, mileage, authenticity, genuineness or defects in any lot and makes no warranty. ALL SALES ARE FINAL. No deduction will be allowed on damaged articles as all goods being exposed for public auction are sold "as is - where is" and with all faults. Bidder acknowledges that all item/lots were available for inspection prior to the auction and the Auctioneer and Owner/Seller strongly encourages the Bidder to carefully inspect each item/lot in which the Bidder has any interest to determine the item/lots condition, quality and size. Bidder relied solely on personal inspection and not on information listed on the Site or otherwise provided by Auctioneer or Owner/Seller. Bidder's failure to inspect or to be fully informed will not constitute grounds for any claim, adjustment, and refund, termination of the contract for sale or refusal to close the sale, against Auctioneer or Owner/Seller.
Auctioneer is providing services as an independent contractor for the Owner/Seller only and is not responsible for statements made by other parties.
Auctioneer cannot and will not be held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free services or use of the Site. Bidder acknowledges that the auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in its sole discretion, may void any sale, temporarily suspend bidding and re-sell any item/lots that were affected by any malfunction. The decision of the Auctioneer is final.
** Pre-approval is based on information provided. Final credit approval is conditioned on verification of provided information, receipt of a complete application and credit review and approval of applicant and collateral. Additional terms, conditions and fees may apply. Commercial Financing provided or arranged by Currency Capital, LLC pursuant to California Finance Lender license #60DBO-56173. Consumer loan applications will be facilitated and arranged by Express Tech-Financing, LLC pursuant to California Finance Lender license #60DBO54873, and state licenses identified in our Legal Disclaimer
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