Auction Location: 6250 NW Beaver Dr, Suite A4, Johnston, IA 50131
Phone: 641-357-5417
Lot Categories: Power Tools/Shop Equipment (16), Construction Equipment (10), Material Handling/Storage (2)
Auction Closed
08/24/2022 07:15 pm
Closed
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Auction brought to you by I35 Auctions. For questions, please contact us by email, phone or text.
I-35 Auctions specializes in online equipment auctions for manufacturing, industrial, commercial, construction and agricultural clients.
Located in Iowa or nearby? We want your equipment for future K-BID auctions. Call Jon at 641-357-5417 regarding consignments.
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K-BID Independent Affiliate
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All items are subject to tax. Invoices will include 7% local sales tax. Construction companies pay 5% excise tax.
Maximum buyer's premium is $1,000/lot.
Removal Addresses: equipment on this auction is located at the following locations:
- Lots 481, 483 and 484 are located in 18941 Wendover Ave, Granger, IA 50109;
- All other lots are at 6250 NW Beaver Dr, Suite A4, Johnston, IA 50131
| 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 WITHIN 72 HOURS OF THE CLOSE OF THE AUCTION. Winning bidders who have not paid their invoices by this time will be listed as no-shows.
For invoices less than $5,000, preferred payment method is online through your K-BID Dashboard prior to removal. For invoices over $5,000, the preferred payment method is wire transfer or cashier's check.
On site payment methods include
PLEASE PICK UP YOUR ITEMS IN A TIMELY MANNER: Paid lots left behind for more than 10 days are considered abandoned and will become the property of I-35 Auctions. No notice or reminders will be made.
Items have not been tested unless otherwise described in the lot descriptions. I-35 Auctions makes no warranty as to the condition of items offered herein. Buyer is responsible for inspecting items prior to purchase. Used items come with used issues, including minor mechanical issues, interior and exterior imperfections. Pick up day is not inspection day.
I-35 Auctions is not responsible for accidents, injuries or damage to property while visiting the auction site.
Auction managed by I-35 Auctions, Clear Lake, Iowa
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.
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 independent auction company managing the auction.
No shipping available for this auction
We encourage you to complete the payment process online on your K-BID Dashboard prior to arriving for your removal time.
