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
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.
| 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 Premium | Cap | ||
|---|---|---|---|
| 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.
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