1998 Chevrolet Corvette
Lot #23
Item: 83e5-2602444

Elk River, MN

This Lot is:

Closed

Tue, Jul 28, 2020 7:05pm CDT

High Bidder: #112336

Current Bid:

$11,400.00

Next Required Bid: $11,500.00

Location / Contact:
555 Railroad Drive NW, Elk River, MN 55330
Phone: 612-618-9491

Lot Description:

Year:  1998 

Make: Chevrolet

Model: Corvette 

VIN: 1G1YY22G6W51727082

Style:  Coupe 

Trim:  1LT 

Engine: 

5.7-L V-8 OHV 16V


Indicated Miles:    17,477 


Plate 583-PVB 

Notes:  Nice, clean Corvette with low miles.  Starts, runs, and drives without issues.  Take advantage of the inspection day to see this vehicle.  See images with the top off.   Does need batteries for TPMS (tire pressure management system).  


Additional Info:  Buyer's Premium is 10% for items that sell above $5,000. Buyer's premium is capped at $1,000/item. Certified Funds Required for all invoices over $5,000.00.  Minnesota law requires current insurance information including company name, policy number and expiration date of policy on all transfers. A current driver's license will also be required to complete transfer. 

It is the buyer's responsibility to inspect all vehicles prior to bidding. While we do our best to disclose any known issues about this vehicle, it is incumbent on the bidder to understand there may be issues with these used cars that we are unaware of, including minor mechanical issues. Please take time to review all photos prior to bidding, as they often contain important information concerning the overall condition of the vehicle.

Applicable Lot Fees
Fee Name
Amount
Type
Doc Admin Fee
$79.00
flat

Questions?

(Please read below first to see if we answered your question already and be sure to know the Auction Name and Lot Number when you contact us)

Call or Text (Preferred)612-618-9491

Email: chris.schwartz@k-bidmail.com

 

More Helpful Information: 

Payments: We prefer to take payments during the removal day, either in person at our cashier table or from your K-BID.com Dashboard (if shipping or having third party pickup.)

Payment Methods Accepted: We make it easy and take most forms of payment. We accept Cash, Checks (Business and Personal are fine, Certified Funds Required for all invoices over $3,000.00), Certified Checks.  Sorry - no credit cards accepted for titled assets. 

 

Inspection

Auction Closing:

Tue, Jul 28, 2020
07:05 pm

Removal:

Thu, Jul 30, 2020
10:00 am - 03:00 pm

Removals are by appointment within the schedule above.

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: Fanberg Auctions

Manager: P.J. Fanberg


You Need to Know These 3 Quick Things Before You Bid:

1. Do you know when the removal is? (We also ship virtually everything for very reasonable rates!)

2. We make it easy and take most forms of payment. We accept Cash, Checks (Business and Personal are fine, Certified Funds Required for all invoices over $3,000.00), Certified Checks, Visa, MasterCard, AmEx, Discover, Google Pay and Apple Pay. 

3. Make sure to look at all of the photos and descriptions before you bid. We are human, we make mistakes, but we promise we are not trying to hide any flaws in an item.  BUT, It's your responsibility to check things out before you bid.  This is why an inspection period is available to you prior to the close of the auction.   

 

Other legal mumbojumbo....FYI: MN Sales Tax will be Collected.  (You may provide a Minnesota ST-3 Tax Exempt form when applicable.)  

This Sale is Contracted and Managed by Fanberg Auctions.    Auctioneer: P.J. Fanberg (pj@fanbergauctions.com)


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.



555 Railroad Drive NW
Elk River
MN, 55330


Phone: 612-618-9491

Shipping is available for this auction. We utilize Spee-Dee Delivery for general package deliveries.

Step #1 - Pay for your item(s) online on your K-BID.com Dashboard. 

Step #2 - Contact us ASAP (Text Message is best...) to let us know you intend to ship. A separate invoice with the shipping portion of your purchase will be sent to the email address on your K-BID Invoice.  THIS MAY TAKE A FEW BUSINESS DAYS, AS REMOVALS CAN BE VERY BUSY FOR US. Thank you for your understanding. 

Step #3 - Pay your new shipping invoice, sent as an email, from Square.

There will be a minimum $5 shipping and handling fee per lot. We reserve the right to remove those lot fees in situations where a single bidder is the higher bidder on a number of small items that easily fit into the same box. Our intention is not to make money from shipping, only to cover our costs. You have our word.

Text (Preferred): First, pay for your item on your K-BID.com dashboard. Then text message (612) 888-7913 with the auction number, your bidder number and intention to have your items shipped. A separate invoice from Square will be sent to the email address indicated on your K-BID.com invoice. Your item will be shipped within 4 business days of payment being received. 

Freight and LTL Shipping:  First, pay for your item on your K-BID.com dashboard. We are more than happy to help ship your larger items as well! We use SpeeDee Freight or UShip to help coordinate freight shipping and will generally go with the lowest quote, unless otherwise requested by the Bidder. There is a minimum $40 palatalization fee plus the cost of shipping. Please allow additional days for setup as these just tend to take more time and energy to get arranged. We've shipped everything from Mechanical Bulls to Diesel Engines - We can probably help you out as well!

Thank you for your payment!

IF YOU NEED SHIPPING READ BELOW:  

There will be a minimum $5 shipping and handling fee added per lot. We reserve the right to remove those lot fees in situations where a single bidder is the higher bidder on a number of small items that easily fit into the same box. Our intention is not to make money from shipping, only to cover our costs. 

Text (Preferred): (612) 888-7913 with the auction number, your bidder number and intention to have your items shipped. A separate invoice from Square will be sent to the email address indicated on your K-BID.com invoice. Your item will be shipped within 4 business days of payment being received. 

or 

Email: Contact us at pj@fanbergauctions.com with the auction number, your bidder number and intention to have your items shipped. A separate invoice from Square will be sent to the email address indicated on your K-BID.com invoice. Your item will be shipped within 4 business days of payment being received. 

We utilize Spee-Dee Delivery for most general package deliveries.

Bid History

61 Bid(s)
Bidder Placed High Bid
112336 ^
Jul 28 11:46am
$11,400.00
342898
Jul 28 11:46am
$11,300.00
112336 ^
Jul 28 11:42am
$11,200.00
342898
Jul 28 11:42am
$11,100.00
112336 ^
Jul 28 11:42am
$11,000.00
342898
Jul 28 11:42am
$10,900.00
112336 ^
Jul 28 10:51am
$10,800.00
342898
Jul 28 10:51am
$10,700.00
112336 ^
Jul 27 08:10pm
$10,600.00
21753
Jul 27 08:10pm
$10,500.00
112336 ^
Jul 27 07:08pm
$9,800.00
151053
Jul 27 07:08pm
$9,700.00
112336 ^
Jul 27 08:50am
$9,600.00
311821
Jul 27 08:50am
$9,500.00
112336 ^
Jul 27 08:50am
$9,255.00
311821
Jul 27 08:50am
$9,155.00
112336 ^
Jul 27 08:49am
$9,055.00
311821
Jul 27 08:49am
$8,955.00
112336 ^
Jul 26 01:25pm
$8,855.00
37267
Jul 26 01:25pm
$8,755.00
112336
Jul 26 12:22pm
$8,655.00
44519
Jul 25 04:30am
$8,555.00
36029
Jul 23 06:27pm
$8,100.00
327237 ^
Jul 23 06:26pm
$8,000.00
36029
Jul 23 06:26pm
$8,000.00
327237 ^
Jul 21 02:35pm
$7,600.00
300506
Jul 21 02:35pm
$7,500.00
327237
Jul 21 09:44am
$7,351.00
44519
Jul 20 05:56pm
$7,251.00
184038
Jul 20 08:38am
$7,051.00
327237 ^
Jul 20 08:37am
$6,951.00
184038
Jul 20 08:37am
$6,851.00
327237 ^
Jul 19 10:55pm
$6,700.00
190426
Jul 19 10:55pm
$6,600.00
327237 ^
Jul 19 10:55pm
$6,500.00
190426
Jul 19 10:55pm
$6,400.00
327237
Jul 19 08:49pm
$6,100.00
14268 ^
Jul 19 08:22pm
$6,000.00
316079
Jul 19 08:22pm
$5,900.00
14268
Jul 19 02:09pm
$5,775.00
331567
Jul 19 12:59pm
$5,675.00
269137
Jul 19 12:47pm
$5,575.00
331567
Jul 19 12:24pm
$5,475.00
9220
Jul 19 11:58am
$5,375.00
126789
Jul 19 11:58am
$5,275.00
92232
Jul 19 11:41am
$5,175.00
121082
Jul 17 05:17pm
$5,075.00
36029 ^
Jul 17 04:42pm
$4,675.00
25999
Jul 17 04:42pm
$4,600.00
36029 ^
Jul 17 03:36pm
$4,375.00
331567
Jul 17 03:36pm
$4,300.00
36029 ^
Jul 17 01:48pm
$4,225.00
10336
Jul 17 01:48pm
$4,150.00
36029 ^
Jul 17 01:32pm
$3,575.00
101979
Jul 17 01:32pm
$3,500.00
36029 ^
Jul 17 01:32pm
$2,575.00
101979
Jul 17 01:32pm
$2,500.00
36029
Jul 17 11:39am
$1,575.00
101979 ^
Jul 17 11:37am
$1,050.00
289546
Jul 17 11:37am
$1,000.00
101979
Jul 17 10:59am
$5.00