BRAKE LATHE
Lot #2202
Item: 75cd-2322326

Minneapolis, MN

This Lot is:

Closed

Tue, Sep 17, 2019 6:56pm CDT

High Bidder: #260079

Current Bid:

$435.00

Next Required Bid: $460.00

Location / Contact:
2401 E. LAKE STREET, Minneapolis, MN 55406
Phone: 952-920-8922

Lot Description:

Older Ammco brake lathe in good working condition.   Model number is unknown-worn off.   Single phase power.   Includes the machine, the stand and all the accessories shown in the base of the stand and hanging on the wall. Accessories include cones, adapters and anti-vibration belts, more.  Pegboard is not included.   This lathe is very heavy and will require 2 people to lift it.   The machine can unbolt from the stand to make it easier to lift onto your vehicle, but you will need your own tools and labor to do the job.   NO LOADING ASSISTANCE IS AVAILABLE-YOU MUST BE PREPARED TO DO EVERYTHING WITH OUT ASSISTANCE FROM SHOP PERSONNEL,  SO PLEASE BRING A HELPER TO LIFT AND LOAD. 

THERE WILL BE NO CASHIER ON SITE.   Please pay for this item online or call Michelle at 952-920-8922 to pay with a credit card over the phone.   If you pay online please call Michelle at 612-819-7859 to let her know you have paid so she can call the seller and let them know you have paid and what time they can expect you to arrive to pick the item up.  

NO LOADING ASSISTANCE IS AVAILABLE-YOU MUST BE PREPARED TO DO EVERYTHING WITH OUT ASSISTANCE FROM SHOP PERSONNEL,  SO PLEASE BRING A HELPER TO LIFT AND LOAD. 

THERE WILL BE NO CASHIER ON SITE.   Please pay for this item online or call Michelle at 952-920-8922 to pay with a credit card over the phone.   If you pay online please call Michelle at 612-819-7859 to let her know you have paid so she can call the seller and let them know you have paid and what time they can expect you to arrive to pick the item up.  

Inspection

Auction Closing:

Tue, Sep 17, 2019
06:55 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

Hammer Price TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00


This auction is contracted and managed by: Auctions for Business & Industry

Manager: Michelle Williams


This auction is contracted and managed by ABI - Auctions for Business & Industry. .  

We do not take personal or business checks.  We take visa and master card for up to $3,000.00. Wire transfers and cash are always welcome.  For purchases over $3000.00 a wire transfer, Cashier Check or cash are the best way to go.  A Cashier Check must be made out to ABI

FOR ONLINE PAYMENTS WE TAKE VISA AND MASTERCARD ONLY.

 


Auction Terms Addendum

This auction is contracted and managed by an independent affiliate. 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 (“Affiliates”) to conduct online auctions.
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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.
  • Affiliates may lower reserves at any time:
    • 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 affiliate managing the auction.



2401 E. LAKE STREET
Minneapolis
MN, 55406


Phone: 952-920-8922

WE DO NOT HOLD MERCHANDISE AND WE DO NOT SHIP! 

ALL INVOICES OVER $3,000.00 MUST BE PAID BY CASHIER CHECK, WIRE TRANSFER OR CASH.

WE TAKE VISA AND MASTERCARD ONLY FOR UP TO $3000.00

WHEN YOU PAY ONLINE AND DO NOT COME IN TO PICK UP YOUR MERCHANDISE DURING THE DESIGNATED REMOVAL DAYS AND TIMES LISTED FOR THAT AUCTION, WE WILL KEEP YOUR MONEY AND THE MERCHANDISE WILL BECOME OUR PROPERTY. YOU WILL HAVE NO RIGHTS TO OBTAIN THE MERCHANDISE AND NO EXCEPTIONS WILL BE MADE.  BY CHOOSING TO PAY ONLINE YOU ARE AGREEING TO THESE TERMS.

Bid History

26 Bid(s)
Bidder Placed High Bid
260079
Sep 15 08:07am
$435.00
83263 ^
Sep 14 08:18pm
$410.00
260079
Sep 14 08:18pm
$385.00
83263 ^
Sep 14 08:18pm
$360.00
260079
Sep 14 08:18pm
$335.00
83263 ^
Sep 14 08:14pm
$310.00
260079
Sep 14 08:14pm
$285.00
83263 ^
Sep 14 04:21pm
$260.00
314510
Sep 14 04:21pm
$250.00
83263
Sep 12 04:10pm
$210.00
314510
Sep 12 02:24pm
$165.00
260079
Sep 11 05:42pm
$155.00
5132
Sep 11 05:10pm
$110.00
260079
Sep 11 11:26am
$105.00
181891 ^
Sep 11 12:07am
$100.00
260079
Sep 11 12:07am
$100.00
181891 ^
Sep 11 12:07am
$76.00
260079
Sep 11 12:07am
$75.00
181891 ^
Sep 11 12:06am
$66.00
260079
Sep 11 12:06am
$65.00
181891 ^
Sep 11 12:06am
$51.00
260079
Sep 11 12:06am
$50.00
181891 ^
Sep 11 12:06am
$26.00
260079
Sep 11 12:06am
$25.00
181891
Sep 10 11:11pm
$6.00
260079
Sep 10 03:15pm
$5.00