Auction Location: 1627 S Monroe Ave, Unit 180, Mason City, IA 50401
Phone: 641-450-1339
Lot Categories: Electrical Equipment (124), Hand Tools/Hardware (69), Fire/Rescue/Safety Equipment (23), Lamps/Lighting (20), Electronics (19), Power Tools/Shop Equipment (14), Construction Equipment (12), Automotive/Mechanical Equipment (9), Material Handling/Storage (6), Plumbing Equipment (2) Show More
Auction Closed
06/10/2020 07:30 pm
Closed
- Many Valuable Items! Open for inspection Sunday, June 7th 1pm - 3pm -
Electrical & IT/Security Company Going Out-of-Business Sale
Don't miss this liquidation of tools and inventory from a former electrical contractor!
Brought to you by Trader Auction Company, Mason City, Iowa
K-BID Independent Affiliate serving Iowa and Southern MN
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Farm | Commercial | Construction | Manufacturing | Vehicles | Estates | Liquidations
www.traderauctioncompany.com
(641) 420-5417
Inspection: Sunday, June 7th, 2020 - 1:00pm to 3:00pm
Closing: Wednesday, June 10th, 2020
Removal: Thursday, June 11th, 2020. Payment in full required by close of business Thursday. If you are choosing shipping, lot items must still be paid Thursday. Shipping and handling charges for this auction will be billed separately.
Payment methods: preferred method of payment is with your credit or debit card thru the K-BID Dashboard.
My goal at Trader Auction Company is to provide you with a great buying experience. Your questions and comments are always welcome. Call (641) 450-1339 or email northiowatrader@gmail.com
Sellers: Trader Auction Company holds high standards for providing clients with professional service. Consider Trader Auction Company when you have assets to sell.
| 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.
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 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.
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 independent auction company managing the auction.
Shipping is available for many items on this auction. Please pay for your lot through the K-BID Dashboard before close of business on removal day. Contact Trader Auction Company for a shipping/handling quote. Freight-related charges will be billed separately.
Handling charges: flat fee $7.50 for most orders shipping parcel. Larger orders or packages requiring special or oversized packaging are subject to a higher charge. Pallet shipments are subject to a minimum $35.00 handling fee.
Online payments are welcome thru K-BID's Dashboard.
