Life Fitness Elevation Discover SI Treadmill
Lot #2
Item: 7f9f-2514220

Minneapolis, MN

This Lot is:

Closed

Sun, Apr 26, 2020 7:06pm CDT

High Bidder: #333437

Current Bid:

$950.00

Next Required Bid: $1,000.00

Location / Contact:
7253 Commerce Circle W, Minneapolis, MN 55432
Phone: 612-310-6197

Lot Description:

Life Fitness Elevation Discover SI Treadmill.  New Belt and Deck, Completely Refurbished.   Excellent condition. 

Spring fitness equipment auction.  New Used and Overstocks.  Strength, Cardio, Cross Fit something for everyone.   Build the gym you will need until clubs can re-open.  We will be practicing ultra safe social distancing during this auction.  We will contact winning bidders by phone to set up pick up appointments to limit contact.  Please check Item descriptions for details.  Good Luck

Inspection

Auction Closing:

Sun, Apr 26, 2020
07:05 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

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: Gearhead Service LLC

Manager: Chad Salonek


Payment Types Accepted: Cash, All Major Credit and Debit Cards either in person, online or by phone    

We do our best to accurately describe auction items.  If you feel an item was not listed properly, you have 7 days to contact Gearhead Service regarding the issue.  If we feel a refund is in order, the item will need to be returned to us within one week of removal.  After that, we cannot refund anything. Remember this is an auction. This is not a retail store. 

Buyer is responsible for all loading and rigging and must bring sufficient help and equipment to load.  Auctioneer, Gearhead Service LLC, and / or removal location owner are not liable for injuries or damage during removal.  At the time the winning bidder pays the invoice in full, ownership of the asset and risk of loss passes immediately to the bidder.  If a winning bidder pays the invoice in full, but does not take possession of the assets immediately during the removal day, ownership and risk of loss will still transfer to the bidder upon payment. 

Please contact Chad at 612-310-6197 with any questions about shipping or alternate pick up times prior to bidding. If you are unable to make the removal date loading help may not be available.  Contact Todd at 651-208-6836 to arrange for an alternate time. We WILL hold items that are paid with a credit card for up to 30 days until you can remove them. Items that are not PAID with a credit card online or over the phone  by the end of the pickup date will be considered no show and abandoned. 

 


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.



7253 Commerce Circle W
Minneapolis
MN, 55432


Phone: 612-310-6197

Local pickup, the customer can arrange to ship through freight company of choice and at buyers expense. 

Thank you for bidding on Gearhead Auctions.  As a reminder, this auction is local pickup only.  If you need to coordinate shipping through a freight company you can do so at your expense.  Please contact us for details and to coordinate. 

 

We will see you during at the auction removal!     

Bid History

45 Bid(s)
Bidder Placed High Bid
333437
Apr 26 07:11pm
$950.00
332202
Apr 26 07:09pm
$900.00
333437
Apr 26 07:07pm
$850.00
142186
Apr 26 07:05pm
$800.00
332202
Apr 26 07:05pm
$750.00
333437 ^
Apr 26 07:04pm
$700.00
142186
Apr 26 07:04pm
$650.00
333437
Apr 26 07:04pm
$600.00
332202
Apr 26 07:02pm
$550.00
142186
Apr 26 07:02pm
$475.00
332849
Apr 26 06:52pm
$450.00
333505
Apr 26 11:42am
$425.00
317908 ^
Apr 26 11:42am
$400.00
333505
Apr 26 11:42am
$400.00
317908 ^
Apr 25 02:17pm
$375.00
333437
Apr 25 02:17pm
$350.00
317908
Apr 25 09:07am
$325.00
332937 ^
Apr 23 04:52pm
$260.00
184681
Apr 23 04:52pm
$250.00
332937 ^
Apr 23 04:51pm
$230.00
184681
Apr 23 04:51pm
$220.00
332937
Apr 22 06:07pm
$210.00
184950 ^
Apr 22 06:07pm
$200.00
332937
Apr 22 06:07pm
$200.00
184950 ^
Apr 22 06:07pm
$120.00
332937
Apr 22 06:07pm
$115.00
184950
Apr 20 05:38pm
$106.00
332858
Apr 20 01:44pm
$101.00
227090 ^
Apr 20 01:22pm
$96.00
316368
Apr 20 01:22pm
$91.00
227090 ^
Apr 20 01:22pm
$86.00
316368
Apr 20 01:22pm
$81.00
227090
Apr 20 09:57am
$76.00
332858 ^
Apr 20 08:41am
$61.00
332833
Apr 20 08:41am
$60.00
332858
Apr 18 03:02pm
$52.00
214045 ^
Apr 18 03:02pm
$51.00
332858
Apr 18 03:02pm
$50.00
214045 ^
Apr 18 03:02pm
$31.00
332858
Apr 18 03:02pm
$30.00
214045 ^
Apr 18 03:02pm
$26.00
332858
Apr 18 03:02pm
$25.00
214045 ^
Apr 17 06:45pm
$21.00
332794
Apr 17 06:45pm
$20.00
214045
Apr 17 04:12pm
$5.00