Specialized Bicycle
Lot #4
Item: b71a-3841780

Mankato, MN

This Lot is:

Closed

Sun, Dec 18, 2022 7:18pm CST

High Bidder: #406807

Current Bid:

$335.00

Next Required Bid: $360.00

Location / Contact:
KATO AUCTION HOUSE, Mankato, MN 56001
Phone: 507-340-7555

Lot Description:

Specialized Expedition model. Serial number not visible. 24 inch frame, 27 inch tires, 18 speed, Avocet Racing 1 Saddle, Sakae Ranndner Road Champ handlebars. Comes with accessories and brackets as seen in photos.

Inspection by appointment only. Call Auctioneer Willa Dailey at 507-340-7555.

Your purchase must be verified as paid online before removal of anything from the premises. Please bring a copy of your paid K-BID invoice with you to expedite removal. 

If you are unable to make it to either of the published removal times, please call Auctioneer prior to removal deadline to make reasonable alternative arrangements and avoid having your winning lot become abandoned property!

Inspection

Auction Closing:

Sun, Dec 18, 2022
07:15 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: Dailey Realty and Auction Service

Manager: Willa Dailey


THIS AUCTION IS BEING CONDUCTED BY DAILEY REALTY AND AUCTION SERVICE, MANKATO MN (hereafter the ‘Auctioneer’ or ‘Affiliate’)

ON-LINE PAYMENT ONLY THROUGH K-BID may be made by Visa, MasterCard or American Express. Maximum credit card purchase is $5,000.00. Purchases above $5,000.00 must be paid by wire transfer or certified bank check.  Applicable sales tax will be added to invoice of all purchases. No removal of merchandise without proof of payment to K-BID.

ON-LINE BUYER’S PREMIUM OF 13% will be added to all purchases.

Tax exempt dealers: Please provide your State of residence or business current tax exemption form to K-BID at notification of your winning bids.

All bidders must register with K-BID according to their terms published for this auction in addition to complying with these Affiliate terms.

Everything sells AS IS WHERE IS. While every effort is made to disclose known defects and flaws that will substantially impact value, bidders are encouraged to take advantage of the preview schedule. Bidder understands that, unless otherwise stated, items offered for sale are used/pre-owned and flaws and wear and tear should be expected.

Ownership transfers upon payment in full for your purchases. Should a dispute arise during or after the auction between bidders, Auctioneer and K-BID records shall be conclusive in all respects. This is a privately owned and operated auction company, and it is clearly understood and agreed that auctioneer represents the seller only.

Bids shall advance only as indicated by the increments published in these terms.

Purchases that are not removed by the last posted pickup time without directly contacting Auctioneer to make alternative arrangements will be deemed ‘abandoned’. No refund or credit will be given to the purchaser and disposal of these items shall be at the Auctioneer’s discretion. Auctioneer does not provide boxes, packing material or loading assistance. Please come prepared with enough assistance and materials at your scheduled pickup time. Do not bid on this auction if you cannot comply with the payment, preview and pickup terms and schedule.  

Shipping availability of items offered for sale will be noted in the lot description or in these terms. See ‘shipping terms’ published on this auction. If shipping is available and you do not state a carrier preference, we will select the most economical standard ground shipper available.


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.

  • 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.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • 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 independent auction company managing the auction.



KATO AUCTION HOUSE
1529 1st Avenue
Mankato
MN, 56001


Phone: 507-340-7555

Shipping is available for SOME* items (noted in each Lot description) at an additional cost. Remember, we are in the busiest shipping season of the year; expect delays from the shipping vendor. 

Shipping fees: $15 for the first lot*

                          $10 for each additional lot*

*If multiple lots can be combined into one standard size shipping box, then you will only be charged one $15.00 processing fee, plus the actual cost of shipping.

*Shipping of bicycles by Auctioneer is NOT available. If you do need a bicycle shipped, you must make your own arrangements and we will accommodate access to shipper for pickup.

SHIPPING TERMS: 

AFTER you have paid for your items on K-Bid, a separate invoice for the cost of shipping will be emailed to you.

We Cannot ship your items until you have paid your K-Bid invoice.

Smaller lots may be able to be bundled together - inquire or instruct before shipping.

Shipping fees cannot be calculated in advance, as the items have to be packaged, weighed and measured before shipping fees can be calculated. 

Once the items have been delivered to the shipper, packaged, and you have been mailed an invoice, picking up your items will no longer be an option.

It may take up to one week after the auction closes for you to receive your shipping invoice.

Do not assume we will be available to ship your item. Call the number provided before bidding to ensure that your item is available for shipping. IF YOU WIN AN ITEM THAT IS NOT AVAILABLE FOR SHIPPING AND YOU CANNOT PICK IT UP, NO REFUND WILL BE AVAILABLE. 

Payment by credit card ONLY on your K-BID account immediately at the conclusion of auction. 

Bid History

14 Bid(s)
Bidder Placed High Bid
406807 ^
Dec 18 07:08pm
$335.00
423419
Dec 18 07:08pm
$310.00
406807 ^
Dec 18 07:07pm
$285.00
423419
Dec 18 07:07pm
$260.00
406807 ^
Dec 18 06:10pm
$250.00
423419
Dec 18 06:10pm
$240.00
406807 ^
Dec 18 06:10pm
$230.00
423419
Dec 18 06:10pm
$220.00
406807 ^
Dec 09 06:45pm
$210.00
423419
Dec 09 06:45pm
$200.00
406807 ^
Dec 09 06:45pm
$155.00
423419
Dec 09 06:45pm
$150.00
406807
Dec 09 05:51pm
$105.00
423419
Dec 08 12:27pm
$5.00