Mustang 770 Owatonna Front End Loader With Clegg Tree Spade--RESERVE REDUCED!!
Lot #3
Item: 4c4d-1416642

Loretto, MN

This Lot is:

Closed

Tue, Apr 25, 2017 8:07pm CDT

High Bidder: #259120

Current Bid:

$8,000.00

Next Required Bid: $8,100.00

Reserve Not Met

Category: Farm Equipment > Tractors
 
Location / Contact:
226 St. John Street, Loretto, MN 55357
Phone: 763-742-8768

Lot Description:

RESERVE HAS BEEN REDUCED: 

Mustang 770 Owatonna Articulating Front End Loader

4-Cylinder Diesel Engine 

Hydrostatic Drive System 

2,143 Hours 

Enclosed Cab With Glass Doors---Some Glass Is Cracked But All Intact 

In-Cab Tree Spade--Loader Arms--Rear Stabilizer Controls


Clegg Tree Spade With Root Shear--Will Handle Up To 3.5" Diameter Trees 

Comes With (3) Different Sizes Of Blades For The Spade

Operators Manual--Maintenance Manual--Parts & Service Directory Are Included 


This Unit Is Fully Operational, Runs & Drives, Picks & Handles Trees 

Check Out The Video Below!


NOTE: 

This Item Is NOT Located At The Loretto Equipment Facility

Located Approx 13-Miles Southwest Of The Loretto Equipment Facility 

Please Call Casey @ 763-742-8768 To Schedule An Inspection Time & Location 



Inspection

Auction Closing:

Tue, Apr 25, 2017
08:05 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Discounted Buyer's PremiumRegular Buyer's PremiumCap
10.00% 13.00%$3,250.00


This auction is contracted and managed by: Loretto Equipment

Manager: Casey (P.O. BOX 24)


Items are to be picked up on the posted date.

This affiliate accepts Cash, Good Checks, Cashier’s Checks, Credit Cards.

This auction is contracted and managed by Loretto Equipment.

By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.

Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

There is a 13% BUYERS PREMIUM (13% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (10% BP).

Applicable Minnesota Sales Tax will be collected.

At the close of the auction active items will remain open until no bids have been received for three minutes.

IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.

 


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.



226 St. John Street
Loretto
MN, 55357


Phone: 763-742-8768

Shipping available through Loretto Equipment via SpeeDee Delivery. 

Most items are available for shipping.

Call Casey @ 763-742-8768 for details.

Bid History

13 Bid(s)
Bidder Placed High Bid
259120
Apr 23 08:10pm
$8,000.00
156842
Apr 19 07:36am
$6,500.00
182077
Apr 17 07:09pm
$4,500.00
115044
Apr 17 04:14pm
$3,575.00
182077
Apr 16 03:26am
$3,500.00
115044
Apr 13 06:58pm
$2,684.00
182077
Apr 13 03:31pm
$2,500.00
102409
Apr 13 09:02am
$1,400.00
115044
Apr 13 08:57am
$1,300.00
102409
Apr 13 05:53am
$1,200.00
115044
Apr 11 10:28pm
$1,100.95
257577
Apr 11 08:31pm
$1,000.00
221805
Apr 11 08:04pm
$100.00