Auction Location: 600 4th St SW, Mason City, IA 50401
Phone: 641-420-5417
Lot Categories: Electrical Equipment (1), HVAC Parts/Equipment (1)
Auction Closed
05/24/2020 07:00 pm
Closed
GE Transformer and Direct Industrial Air Heater/Furnace
Both must go as the building has been sold. Removal required prior to May 29th.
Inspection: by appointment
Removal by appointment - MUST BE REMOVED BY THE END OF MAY
GE Transformer and Direct Industrial Air Heater/Furnace
Both must go as the building has been sold. Removal required prior to May 29th.
Inspection: by appointment
Removal by appointment - MUST BE REMOVED BY THE END OF MAY
| 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 Tier | Buyer's Premium | Cap | |
|---|---|---|---|
| $0.00 - $4,999.99 | 13.00% | ||
| $5,000.00 - infinity | 10.00% | $1,000.00 | |
This auction is contracted and managed by: I-35 Auctions
Manager: Jon Tofte
PAYMENTS ARE DUE ON PICK UP DAY, EITHER ONLINE OR OVER THE PHONE. Open invoices left over after close of business on removal day will be listed as no-shows unless arrangements have been made. If you want items shipped, you must let me know no later than close of business on removal day.
Items have not been tested unless otherwise described in the lot descriptions. Trader Auction Company makes no warranty as to the condition of items offered herein. Buyer is responsible for inspecting equipment prior to purchase. Used equipment comes with used equipment issues, including minor mechanical issues, interior and exterior imperfections. Pick up day is not inspection day.
Auction managed by Trader Auction Company, Mason City, Iowa
Preferred payment methods include: cash, credit/debit card up to $5,000, cashier's check, Apple Pay, wire transfers
Check policy: Trader Auction Company accepts personal checks up to $2,500 with a valid photo I.D. We reserve the right to refuse any check. Amounts over $2,500 paid with check must be with certified funds.
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.
Affiliates 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.
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
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:
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.
Shipping is available on the transformer only.
In most cases, we ship Spee-Dee, FedEx or FedEx Freight within the United States. Sorry, we do not ship to PO boxes.
Once you have paid for your items on the K-BID Dashboard, contact Trader Auction Company via email as soon as possible to inform us you wish to utilize shipping. You will receive a separate invoice with the shipping amount via email which is due prior to shipping.
Combined shipping of multiple lots is available. One low $7.50 handling fee applies to most parcel shipments, plus freight. Large orders, oversized items or items requiring special packaging will be charged a higher handling fee.
For freight shipments, there is a minimum $35 pallet fee plus the cost of shipping.
Online payments are welcome thru K-BID's Dashboard.
