Bob's Midwest Transmission Career Long Transmission and Parts Hoard

D & J Auctions

D & J Auctions

Auction Location: 19038 Ivy Rd, Milaca, MN 56353

Phone: 612-490-6212

Lot Categories: Automotive Accessories & Parts (2), Landscaping Equipment (1)

Auction Closed
11/18/2024 07:45 pm

Closed




Filtered Results From This Auction:

Showing 1 to 1 of 1 items

Current Bid: $950.00
Next Required Bid: $1,000.00
High Bidder: #431139

Reserve Not Met

Began Closing:
Monday 11/18/2024
07:47 pm CDT

Lot is Closed

 


Auction Details:

Bob's Midwest Transmission, in it's prime, was known as the go to shop in the upper midwest for parts or service on a transmission. In 2022 Bob "retired" and moved his business to his personal property with the goal of continuing service as something to do. Along with the tools, thousands of transmissions and parts were moved as well. Now Bob is planning to sell the property in the spring and his whole collection needs to go. It is impossible to quantify just how many transmissions and parts are on the property. A large percentage of the transmissions were stored inside the shop building, most of the rest were stored outside, but covered with tarps or tin to try to protect from the elements. The pallets and pallets of parts were mostly stored inside of shipping containers, or again covered with tarps and tin to try to protect. 

This is a winner take all auction. In an attempt to make the logistics of the sale and the pick up of the items possible we are trying to find a single bidder to buy everything. If we do not find a buyer with this method we plan to have multiple auctions, selling items in smaller lots. This is a great opportunity for a shop or reseller to purchase a broad range of parts for pennies on the dollar. The seller is willing to facilitate private inspections for interested buyers, contact D&J Auctions ar 763-444-7409 to start the scheduling process. 

Payment for this auction will be by cashier's check (verifed with the bank it is drawn upon) or wire transfer only. Payment will need to be received within 3 days of auction close, items purchased will need to be removed from the property within 2 weeks of auction close.

Inspection

Auction Closing:

Mon, Nov 18, 2024
07:45 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: D & J Auctions

Manager: Joe Niles


We accept Cashier's Check or Wire Transfer ONLY. 

This auction is contracted and managed by an independent K-Bid affiliate, D & J Auctions.

 


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.



19038 Ivy Rd
Milaca
MN, 56353


Phone: 612-490-6212

No shipping available, but seller may be able to accomodate shipping via a service or courier arranged by the buyer. Please contact before bidding to verify you plan will work for the seller.