2001 Mitsubishi FG25 LP Forklift
Lot #7
Item: d8d2-4905341

Minneapolis, MN

This Lot is:

Closed

Tue, Sep 10, 2024 7:06pm CDT

High Bidder: #131687

Current Bid:

$3,050.00

Next Required Bid: $3,125.00

Location / Contact:
6100 Olson Memorial Hwy, Minneapolis, MN 55422
Phone: 612-723-5711

Lot Description:

2001 Mitsubishi FG25 LP Forklift

Model #: FG25

S/N: AF17C01 

Base Lift Capacity: 5000

Lift Height: 185", side shift

Hour Meter Reads: 9361

Tires: solid pneumatic 

Runs, drives and lifts, LP tank NOT included. (Video Attached)

Inspection

Auction Closing:

Tue, Sep 10, 2024
07:00 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

Buyer's PremiumCap
15.00%$1,500.00


This auction is contracted and managed by: JB Equipment

Manager: Billie Leffel


There is a 15.00% BUYERS PREMIUM on this auction.

This auction is contrated and managed by JB EQUIPMENT. K-BID is the Dealer of Record. DLR #24714

JB Equipment accepts Business checks, Cash, Credit Card charges only for invoices up to $5000.00. Any invoice over $5000 must be full payment by cash, business check or wire.  Please make checks payable to: JB EQUIPMENT

By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.

Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

Minnesota Sales Tax will be collected.

At the close of the auction active items will remain open until no bids have been received for three minutes.

IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.

 


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.



6100 Olson Memorial Hwy
Minneapolis
MN, 55422


Phone: 612-723-5711

Buyer to make any shipping arrangements. We do not arrange shipping.

Bid History

27 Bid(s)
Bidder Placed High Bid
131687 ^
Sep 10 07:04pm
$3,050.00
233781
Sep 10 07:04pm
$3,036.00
131687
Sep 10 07:03pm
$2,960.00
233781
Sep 10 07:02pm
$2,950.00
131687
Sep 10 07:00pm
$2,875.00
233781
Sep 10 06:52pm
$2,800.00
131687 ^
Sep 10 06:50pm
$2,725.00
233781
Sep 10 06:50pm
$2,720.69
131687
Sep 10 06:46pm
$2,645.69
356617
Sep 10 06:44pm
$2,570.69
131687
Sep 09 09:47pm
$2,495.69
292757 ^
Sep 09 09:47pm
$2,420.69
131687
Sep 09 09:47pm
$2,400.00
292757 ^
Sep 06 03:59pm
$2,075.00
362013
Sep 06 03:59pm
$2,000.00
292757 ^
Sep 05 10:53pm
$1,425.00
381712
Sep 05 10:53pm
$1,350.00
292757 ^
Sep 05 10:53pm
$1,275.00
381712
Sep 05 10:53pm
$1,200.00
292757
Sep 05 04:53am
$1,050.00
232666 ^
Sep 04 11:58pm
$650.00
296111
Sep 04 11:58pm
$600.00
232666 ^
Aug 27 10:20pm
$525.00
330215
Aug 27 10:20pm
$500.00
232666 ^
Aug 20 11:01pm
$7.00
475947
Aug 20 11:01pm
$6.00
232666
Aug 19 09:59pm
$5.00