DESCRIPTION UPDATED 8/25/2020 ---- 2001 Volvo Semi-Truck
Lot #1
Item: 8559-2633914

Loretto, MN

This Lot is:

Closed

Thu, Aug 27, 2020 8:20pm CDT

High Bidder: #215343

Current Bid:

$2,100.00

Next Required Bid: $2,175.00

Reserve Reached!

Location / Contact:
226 St. John Street, Loretto, MN 55357
Phone: 763-742-8768

Lot Description:

                                  --- RESERVE LOWERED TO $2,450.00 On 8/27/2020 ---

     ------ 8/25/2020 DESCRIPTION UPDATE With Engine Over-Haul Information -----


2001 Volvo With Integral Sleeper 

    ISM Cummins 280HP / 1,800RPM Turbo Diesel Engine 

    Only 56,902 Miles On An In-Frame Engine Overhaul -- See Notes Below 

    Standard 10-Speed Eaton-Fuller Transmission With Hi/Lo Range  

    Rocker-Switch Engine Braking Control

    Rear-Axle Differential Lock With Rocker-Switch Control   

    Dual Fuel Tanks     

    Adjustable-Slide King-Pin Hitch 

    Receiver Tow Hitch & Electric Brake Controller 

    Air Brakes -- Seats -- Axle Drop 

    275 / 80 / R22.5 Tires With Aluminum Wheels 

    23,000# Rear / 12,000# Front Axles 

    AM / FM / CD Stereo 

    Power Passenger Window & Power Mirrors 

    Air-Conditioned Cab -- A/C Works Well  

Runs & Operates Well --- Watch The Videos 


 --- RESERVE LOWERED TO $2,450.00 On 8/27/2020 ---


UPDATED INFO / NOTES ON THE ENGINE OVERHAUL:  

  • In-Frame Engine Overhaul Done In January 2019 @ 946,658 Miles ---Only 56,902 Miles Since In-Frame Engine Overhaul --- See Pictures For Service Receipt --- Nearly $4,800 Cost 
  • Injectors #1, #2, #3, #4, and #5 Replaced In February 2019 @ 957,012 Miles 
  • Truck Has Had A Recent Overhaul With Less Then 60,000-Miles Use Since -- Odometer Has Now Rolled Over 1-Million Miles Showing 3,560 Miles --- Truck Currently Has 56,902 Miles On Overhauled Engine --- See Pictures For Service Receipts
  • The One Issue With The Truck Is That The Engine Will Not Exceed 1,600 - 1,700 RPM's -- Please Inspect 
  • TRUCK STARTS / RUNS / DRIVES WELL ---- We Were Told The RPM Issue Is Likely Due To A Wiring Harness


MN Plate: None -- Removed

VIN#: 4V4M19UE42N328637

GWW: 32,000# 

DOT# is required to register


Payment Notes

    No Credit Card Payments Are Accepted For Titled / Registered Assets 

    CASH -- CERTIFIED CHECKS -- WIRE TRANSFER PAYMENTS ONLY FOR THIS ITEM

Applicable Lot Fees
Fee Name
Amount
Type
Doc Admin Fee
$79.00
flat
Excise Fee
$20.00
flat
  1.  
      1. ACCEPTED PAYMENTS Cash, Good Checks, Cashier’s Checks, Wire Transfers, Credit Cards.

      2.         IMPORTANT NOTE: No Credit Cards Are Accepted Over $5,000 OR For Titled / Registered Items. 

    1.                            NOTEA $20 Charge Will Be Added To ALL Wire Transfer Payments

    2.  

  2. This auction is contracted and managed by Loretto Equipment.

    Important Note:

    Items are to be paid for & picked-up on the scheduled removal date. 

     

     

Inspection

Auction Closing:

Thu, Aug 27, 2020
08:20 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 - $4,999.9913.00%
$5,000.00 - infinity10.00%$1,000.00


This auction is contracted and managed by: Loretto Equipment

Manager: Casey (P.O. BOX 24)


      1. ACCEPTED PAYMENTS Cash, Good Checks, Cashier’s Checks, Wire Transfers, Credit Cards.

      2.         IMPORTANT NOTE: No Credit Cards Are Accepted Over $5,000 OR For Titled / Registered Items. 

    1.                            NOTEA $20 Charge Will Be Added To ALL Wire Transfer Payments

    2.  

  1. This auction is contracted and managed by Loretto Equipment.

    Important Note:

    Items are to be paid for & picked-up on the scheduled removal date. 

     


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.



226 St. John Street
Loretto
MN, 55357


Phone: 763-742-8768

PLEASE DO NOT CALL TO ARRANGE SHIPPING 

- FOLLOW THE INSTRUCTIONS LISTED BELOW -

 

  • Shipping Starting at $10.00 plus $5.00 handling/packaging fee per package. 

 

  • If you would like to arrange shipping for an auction purchase, please send an email to: LE_Shipping@gmail.com 
  • We will respond with payment instructions.

 

  • Your email MUST include your bidder number, name, and desired shipping address in    your email. 

 

 PLEASE DO NOT CALL TO ARRANGE SHIPPING 

 - FOLLOW THE INSTRUCTIONS LISTED ABOVE -

Important Notes: 

--Please Call 763-742-8768 Prior To Making Payment If You Need Your Items Shipped 

--When Making An Online Payment, You Are Still Required To Pick Up Your Items On The Scheduled Removal Date.

Bid History

5 Bid(s)
Bidder Placed High Bid
215343
Aug 27 08:09pm
$2,100.00
28896
Aug 25 07:41am
$2,000.00
191401
Aug 23 03:24pm
$950.00
276303
Aug 20 07:38am
$800.00
120300
Aug 19 05:48pm
$737.00