Bicycle
Lot #147C
Item: 8acb-2926779

Clear Lake, IA

This Lot is:

Closed

Tue, Apr 20, 2021 7:33pm CDT

High Bidder: #336842

Current Bid:

$6.00

Next Required Bid: $7.00

Location / Contact:
100 S 24th Street, Clear Lake, IA 50428
Phone: 641-357-5417

Lot Description:

more info coming

  1. If you have any questions about this auction, please call 641-357-5417

    Policy Alert: Please read the new storage fee/lot abandonment policy on the Terms Tab. 

    INSPECTION: by appointment

    CLOSING: April 20, 2021 

    REMOVAL:  April 22, 2021 9AM-4PM or by appointment

  2. WE SHIP:  Check lot listings to see if the item you are bidding on is eligible for shipping.

  3. COVID-19 statement: Iowa has issued a mask mandate for certain establishments. We are committed to complying with state and local health recommendations and requirements. While on our property, we ask that you wear a mask, socially distance and use the provided hand sanitizing stations. 

Inspection

Auction Closing:

Tue, Apr 20, 2021
07:10 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 - $4,999.99 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

NEW POLICY IN EFFECT SEPT 1, 2020: A daily storage rate of $1.50/day per lot will be owed on items held for pick up at a later date. This charge does not apply to lots being shipped. Maximum storage time for paid lots is 21 days following the closing of the auction. Paid lots left behind for more than 21 days are considered abandoned and will become the property of Trader Auction & Liquidation. No notice or reminders will be made.  

Items have not been tested unless otherwise described in the lot descriptions. Trader Auction & Liquidation 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 & Liquidation, Clear Lake, Iowa

Preferred payment methods include: cash, credit/debit card up to $5,000, cashier's check, Apple Pay, wire transfers

Check policy: Trader Auction & Liquidation accepts personal checks up to $2,500 with a valid photo I.D. Returned check fee is $35 or maximum allowable by law. 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.

  • 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.
  • Affiliates may lower reserves at any time:
    • 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 affiliate managing the auction.



100 S 24th Street
I-35 Exit 193
Clear Lake
IA, 50428


Phone: 641-357-5417

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 & Liquidation 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 $15 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.

Online payments thru K-BID's Dashboard prior to removal are encouraged.

 

Bid History

2 Bid(s)
Bidder Placed High Bid
336842
Apr 16 07:53am
$6.00
105485
Apr 15 10:46am
$5.00