Clear Lake, IA
Construction tool distributor inventory reduction - professional grade tools - many brand new!
These are NOT big-box store returns.
If you have any questions about this auction, please call 641-357-5417
INSPECTION: by appointment
CLOSING: Monday, May 10, 2021
REMOVAL DAYS THIS WEEK: Thursday, Friday and Saturday by appointment. (we will be closed Wednesday, May 12th)
| 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 SATURDAY, MAY 15TH
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.
PLEASE PICK UP YOUR ITEMS IN A TIMELY MANNER: 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.
Trader Auction & Liquidation is not responsible for accidents, injuries or damage to property while visiting the auction site.
Auction managed by Trader Auction & Liquidation, Clear Lake, Iowa
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.
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 affiliate managing the auction.
Online payments accepted through K-BID's Dashboard.
| Bidder | Placed | High Bid |
|---|---|---|
|
186741
|
May 09 04:46am
| $6.00 |
|
359321
|
May 08 06:17am
| $5.00 |