Buyer’s Premium
Buyer’s Premium 5%
GENERAL TERMS AND CONDITIONS FOR ABLE2BID.COM AUCTIONS (Able2bid.com)
THIS IS AN ONLINE ONLY AUCTION BOUND BY ALL LEGAL RIGHTS AND REMEDIES IN THE STATE MISSOURI.
AUCTION CLOSING DATE:
The auction will close according to the terms listed specifically within each auction. Any terms or conditions listed for a specific auction will supersede those listed within the general terms in this agreement. Along with closing date and time, item inspection, location and removal times will also be listed for that specific auction.
BUYERS PREMIUM/SALES TAX:
A Five percent (5%) buyer’s premium will be added to each purchase. If you bid $100.00, at checkout you will be charged $105.00 plus sales tax based on the location of the auction. If tax exempt, contact Able2bid.com Auctions to provide tax exempt form.
PAYMENT:
Invoice must be paid prior to removal of items. Payment must be made prior to, and a *Paid in Full* invoice must be presented when picking up. Regardless of pick-up location, all payment arrangements must be made within 1 business days of the auctions closing. Business days are Monday-Friday. Accepted forms of payment include cash, PayPal, Visa, MasterCard,
REMOVAL:
Once an auction has ended, the items become the property of the winning bidder (buyer). Buyer assumes all risk of loss and damage to property from that point forward including at the premises of the sale. The removal date and time will be posted on the terms for each individual auction. REMOVAL TIMES ARE ABSOLUTE IF YOU CAN NOT REMOVE YOUR ITEMS DURING SCHEDULED PICK-UP TIMES OR ARRANGED AHEAD OF TIME, DO NOT BID! Failure to remove during scheduled load out time may result in item forfeiture. Ownership of item will then revert to party with primary vested interest in the item to sell or dispose of item as it sees fit. Any funds paid shall be forfeited to satisfy terms of sale. The buyer agrees to pay all deficiencies, legal, collection and other fees including transportation and storage expenses associated with delinquent accounts or abandoned/forfeited items. Premiums and fees remain applicable.
DYNAMIC/STAGGERED CLOSING:
If a bid is made within the last 3 minutes, the closing time for that item will be extended for five (5) minutes in order to imitate a live auction as closely as possible.
CAUTION TO THE BIDDER:
For demonstration purposes, various pieces of equipment may be joined together. Do not assume a lot consists of more than one item simply because they are connected together. You are bidding on the item as it is described and not the item in the photo. Able2bid.com makes an effort to ensure the descriptions are accurate and the photos match as well. However, an error can occur in the listing and in that case, it will be the description and not the photo that will be the item won. If you feel there is a discrepancy or error between a listing and a photo, contact Able2bid.com for clarification and notification of error.
Liability
Able2bid.com and Seller’s liability shall be limited to the refund of bidder’s purchase price.