Mason City, IA
| Shipping: | No |
| Online Payment: | Yes |
RETIREMENT AUCTION FOR NORTH IOWA TIRE CO. / HOUSE OF SPORTS
House of Sports in Mason City has long been a fixture in north-central Iowa, selling and servicing snowblowers, snowmobiles, ATVs, garden tractors, lawn care equipment and more. The owner has decided to retire so the remaining contents of this second generation family business must be sold.
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Masks and social distancing are required while on the grounds.
Inspection by appointment on Jan. 22 & 23, 2021
Auction closes Sunday, January 24, 2021 beginning at 7pm
Removal by appointment Tuesday-Saturday during the final week of January 2021. Removals are to be completed no later than Saturday, January 30th.
A few carts will be available for your use in removal. A skid loader and driver are available for loading assistance; no forklift available.
Items eligible for shipping are limited for this auction. Please consult the item description to see if shipping is offered.
Please contact Trader Auction & Liquidation with questions about the items being sold or shipping options:
Cell: 641-420-5417 call/text
Email: support@traderauctionliq.com
| 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 BY CLOSE OF BUSINESS ON JANUARY 30TH. Unpaid invoices left over at end of business on January 30th will be listed as no-shows unless arrangements have been made.
Payment methods include cash, credit card up to $5,000, cashier's check, Apple Pay and wire transfers. Buyers are encouraged to pay online through the K-BID Dashboard prior to removal.
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.
13% Buyer's Premium applies to all items on this auction. Sales tax of 7% is applicable on some items. Contact us if you want to know if an item is subject to sales tax. As a general rule, sales tax will be added to items that would have been sold as retail goods or services by the seller in their normal course of business.
Resale Certificates: if you wish to claim a sales tax exemption on your purchases, please provide Trader Auction & Liquidation with a completed IOWA sales tax exemption form (copy this link to access the form: https://tax.iowa.gov/forms/iowa-salesuseexcise-tax-exemption-certificate-31-014 ). Resellers from out of state must also complete the Iowa form. Forms from your home state or universal forms will not be accepted.
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.
House of Sports and Trader Auction & Liquidation are not responsible for accidents, injuries or damage to property while visiting the auction site. Mask use and social distancing are required. If you do not wish to follow the mask policy, curbside service is available.
Auction managed by Trader Auction & Liquidation, Clear Lake, Iowa
This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.
K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website. K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.
K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.
By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.
Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).
Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.
Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled. Once a bid is placed it cannot be retracted.
Sellers and their agents are prohibited from bidding on their own assets.
Items with a reserve will not be sold unless the reserve price has been met.
At the close of the auction, active items will remain open until no bids have been received for three minutes.
Applicable sales tax will be collected by the affiliate managing the auction.
In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.
Affiliates may lower a lot reserve at any time before or after an auction closes. If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice.
Once an auction begins its closing process, outbid notifications will not be sent.
Once a bid is placed it cannot be retracted.
Shipping options for this auction are limited to mostly smaller item. Please consult the lot description for availability of shipping.
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.
If you wish to have your items shipped, contact Trader Auction & Liquidation no later than the close of business on the final 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.
Online payments thru K-BID's Dashboard prior to removal are encouraged.
| Bidder | Placed | High Bid |
|---|