Auction Location: 305 Enterprise Drive, Northwood, IA 50459
Phone: 641-420-5417
Lot Categories: Metal Fabrication (9), Material Handling/Storage (3), Automotive/Mechanical Equipment (1)
Auction Closed
01/12/2020 07:10 pm
Closed
This auction in Northwood, Iowa includes the excess assets of a livestock and park equipment manufacturer who heats and cures plastic dip coatings. Interested buyers are encouraged to come preview the assets before bidding to ensure they will work for their applications. Inspections and pick-ups for this auction will take place at 305 Enterprize Dr, Northwood, IA 50459. Inspections changed to by appointment. The seller asks that all questions be directed to Trader Auction Company.
Please read the lot descriptions carefully. You are welcome to call Trader Auction Company during business hours if you have any questions. Purchases not paid for and picked up by 2:00pm on Wednesday, January 15, 2020 will be counted as a no-show and the items will be relisted.
Trader Auction Company is looking for its next auction. Inquiries from prospective sellers are welcome to call Jon at (641) 420-5417. Online-only auctions take place several times a month, both onsite at the store located on Highway 65 South in Mason City and off-site at customer locations.
Trader Auction Company: Online-Only Auctions for Northern Iowa and Southern Minnesota.
Please review the following information to ensure a smooth transaction:
If you have questions about this auction, please call or text Jon at (641) 420-5417 for quickest response time.
Email jt@traderauctioncompany.com
Preferred payment methods include: cash, credit/debit card, cashier's check, Apple Pay, wire transfers
Credit / debit card policy: we may ask to see a valid photo I.D. with purchases paid for with plastic so bring it with you.
Check policy: Trader Auction Company accepts personal checks up to $2,500 with a valid photo I.D. We reserve the right to refuse any check.
REMOVAL TIMES FOR THIS AUCTION: January 14, 2020 9:00 am - 12:00 pm. A loading dock is available and seller will provide forklift assistance on a prescheduled basis only. Purchases not paid for and picked up by 2:00pm on Wednesday, January 15, 2020 will be counted as a no-show and the items will be relisted
| 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
Auction managed by Trader Auction Company, Clear Lake, Iowa
Preferred payment methods include: cash, credit/debit card up to $5,000, cashier's check, Apple Pay, wire transfers
Check policy: Trader Auction Company accepts personal checks up to $2,500 with a valid photo I.D. We reserve the right to refuse any check.
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 Services Available for this auction. Please be willing to come pick up your purchases on January 14, 2020 if you choose to bid.
