Auction Location: 2142 350th Street, Osage, IA 50461
Phone: 641-450-1339
Lot Categories: Material Handling/Storage (22), Electrical Equipment (11), Commercial Supplies (10), HVAC Parts/Equipment (6), Medical Equipment (4), Automotive/Mechanical Equipment (3), Fire/Rescue/Safety Equipment (3), Construction Material/Supplies (3), Pet Supplies (2), Janitorial Equipment (2) Show More
Auction Closed
08/12/2020 07:45 pm
Closed
Removal By Appointment on Thursday, Aug. 13 10:00 PM - 5:00 PM & Friday, Aug. 14 8:00 AM - 5:00 PM. The seller, an international chemical company, has contracted Trader Auction Company to liquidate excess equipment and supplies from their plant in Osage, Iowa. Bid your price on a variety of quality used equipment all available for inspection prior to bidding.
IMPORTANT DISCLOSURE: The items on this sale were used and/or housed at a location producing insecticides; some items being sold were used in the production of these products. Trader Auction Company makes no warranty regarding the fitness of any lots contained herein for a particular use. Bidders and all parties transporting or taking receipt of these items, or who visit the site for inspection or removal, agree they will not hold the seller, Trader Auction Company or K-BID liable for any injury or loss.
Inspection: Tuesday, August 11 and Wednesday, August 12, 2020 by appointment.
For those who are interested in an online viewing option, Trader Auction Company will host a virtual walk-thru of the auction on Facebook Live at 11 AM on August 11th. Note this will take place on Trader's Facebook page, not K-BID. Go to www.facebook.com/traderauctioncompany to register. Please be patient as this is our first attempt at this!
Closing: Wednesday, August 12, 2020
Removal: Thursday, August 13 and Friday, August 14, 2020 by appointment. Please sign up for a removal time in advance. To promote everyone's safety and convenience while on site, it is asked that all buyers arrive on time for their scheduled removal. In addition, to protect our community and you from the spread of COVID-19, the use of facial coverings, careful hand washing before arrival and social distancing are requested.
A forklift and driver will be available for loading large items. Carts and a pallet jack will be on site for customer use. Assistance with hand loading will not be provided so please bring enough help.
If you are unable to attend one of the scheduled removal dates, we are happy to provide alternative dates and times with applicable fees. Because this site is located nearly an hour away, a minimum $50 convenience fee plus storage charges will be added for removals occurring after the scheduled removal dates.
WHERE TO GO - Please DO NOT go to the main plant. The storage site is located south of the main plant across the highway on a curve. Look for the Trader Auction Company trailer and a light tan warehouse with white overhead door. It is asked that you pull into the driveway to help keep traffic moving safely. If it is raining, you may back inside for loading.
Items are sold "as-is, where-is". Carts and a pallet jack will be provided for use in removal. Please bring assistance for help in loading. A forklift and driver will be available to assist with large items. If you cannot take items on one of the two appointed removal days, a $15/day storage charge will be assessed.
Shipping available for some lots. See shipping tab and lot descriptions for details.
| 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 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.
We are happy to offer shipping services for many items on this auction.
Parcels shipped in the Midwest are sent via Spee-Dee. Parcels shipped outside the Midwest are sent via FedEx. We do no ship internationally and cannot ship to PO boxes.
Pallet shipments via Spee-Dee or Panama Transfer.
If you wish to have your items shipped, contact Trader Auction Company via email no later than the close of business on the scheduled removal day. Shipping and handling fees will be added to your invoice and you can make one payment on the K-BID Dashboard for both the lots and S/H fee.
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 per pallet fee plus the cost of shipping.
Trader Auction Company's preferred method of payment is online thru the K-BID Dashboard. Other acceptable forms of payment can be found on the "Terms" tab.
