1997 Ski-Doo Formula 500 Snowmobile
Lot #6
Item: 9e9a-3251893

Loretto, MN

This Lot is:

Closed

Sun, Nov 28, 2021 8:30pm CST

High Bidder: #383011

Current Bid:

$1,000.00

Next Required Bid: $1,050.00

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

Lot Description:

        --- SELLING WITH NO RESERVE --- 

1997 Ski-Doo Formula 500 Snowmobile 

    500cc Liquid-Cooled Gas Engine 

    3678 Original Miles     

    121" Track 

    Hand & Throttle Warmers

Runs & Operates --- Watch The Video 


MN DNR Reg: BYO667    Good Thru: 2015 

VIN / SeriaL#: 113900860


Note: The Buyer Is Responsible To Transfer The DNR Registration 

The Purchase Invoice From This Auction Will Suffice As A "Bill-Of-Sale"

  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.

  3.  

    Dealer services provided by K-BID:  DLR24714

    Important Note:

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

     

     

Inspection

Auction Closing:

Sun, Nov 28, 2021
08:30 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: 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.

  2.  

    Dealer services provided by K-BID:  DLR24714

    Important Note:

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

    Each auction has a scheduled one-day removal unless otherwise pre-approved by Loretto Equipment BEFORE the auction closes.  

    If a successful bidder makes payment on an item / purchase and does not pick it up on the scheduled removal date, or make arrangements for shipping, the item / purchase will be held for 14 consecutive days (The 14 days include Saturday and Sunday) 

    If the buyer does not remove the item / purchase in the allotted 14-days,  the item / purchase will be considered abandoned and forfeited. 

    Loretto Equipment will reserve the right to dispose of the item as desired. No credits / refunds / reimbursements will be given for items deemed abandoned / forfeited.


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.



226 St. John Street
Loretto
MN, 55357


Phone: 763-742-8768

No Shipping For This Auction 

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

29 Bid(s)
Bidder Placed High Bid
383011
Nov 28 08:29pm
$1,000.00
283431
Nov 21 06:21pm
$950.00
361200 ^
Nov 21 06:21pm
$900.00
283431
Nov 21 06:21pm
$860.00
361200
Nov 20 04:12pm
$810.00
48768
Nov 19 10:50am
$810.00
361200 ^
Nov 18 12:53pm
$760.00
3402
Nov 18 12:53pm
$710.00
361200
Nov 18 12:17pm
$660.00
3402
Nov 18 11:51am
$610.00
361200 ^
Nov 18 11:51am
$560.00
3402
Nov 18 11:51am
$510.00
361200 ^
Nov 18 09:05am
$475.98
137954
Nov 18 09:05am
$450.98
361200 ^
Nov 17 04:44pm
$375.00
329600
Nov 17 04:44pm
$350.00
361200 ^
Nov 17 04:43pm
$325.00
329600
Nov 17 04:43pm
$300.00
361200 ^
Nov 17 04:43pm
$255.00
329600
Nov 17 04:43pm
$245.00
361200
Nov 17 09:15am
$235.00
370722 ^
Nov 17 07:27am
$225.00
194140
Nov 17 07:27am
$220.00
370722
Nov 17 12:41am
$130.00
25612
Nov 16 09:05pm
$105.00
257330 ^
Nov 16 09:05pm
$100.00
25612
Nov 16 09:05pm
$100.00
257330
Nov 16 06:51pm
$51.00
25612
Nov 16 03:34pm
$5.00