NO RESERVE AUTOS -- Mercedes Benz / Jaguar / Cadillac / Lexus

Loretto Equipment

Loretto Equipment

Auction Location: 226 St. John Street, Loretto, MN 55357

Phone: 763-742-8768

Lot Categories: Collector Vehicles (5), ATV/Dirtbikes/Snowmobiles (1)

Auction Closed
04/21/2020 08:35 pm

Closed



Showing 1 to 6 of 6 items

Current Bid: $12,200.00
Next Required Bid: $12,300.00
High Bidder: #15657
Began Closing:
Tuesday 04/21/2020
08:35 pm CDT

Lot is Closed

 
Current Bid: $4,475.00
Next Required Bid: $4,550.00
High Bidder: #74509
Began Closing:
Tuesday 04/21/2020
08:36 pm CDT

Lot is Closed

 
Current Bid: $10,050.00
Next Required Bid: $10,150.00
High Bidder: #72499
Began Closing:
Tuesday 04/21/2020
08:37 pm CDT

Lot is Closed

 
Current Bid: $8,975.00
Next Required Bid: $9,075.00
High Bidder: #308774
Began Closing:
Tuesday 04/21/2020
08:37 pm CDT

Lot is Closed

 
Current Bid: $2,600.00
Next Required Bid: $2,675.00
High Bidder: #255968
Began Closing:
Tuesday 04/21/2020
08:37 pm CDT

Lot is Closed

 
Current Bid: $525.00
Next Required Bid: $575.00
High Bidder: #297660
Began Closing:
Tuesday 04/21/2020
08:37 pm CDT

Lot is Closed

 


Auction Details:

WWW.LORETTOEQUIPMENT.COM          FOLLOW US ON FACEBOOK!

 

 

IMPORTANT AUCTION NOTES BELOW:

 

  • Inspections By Appointment ONLY

             -- These Cars Are Being Stored Off-Site At A Location Near Our Auction Facility In Loretto, MN

             --You MUST Schedule An Inspection Appointment At Least 1-Day In Advance

            -- SERIOUS Bidders Only For Inspection Scheduling Please. 

             -- To Schedule An Inspection Please Send A Text Message To  Casey @  763-7432-8768   OR   Mike @ 763-242-2207

 

  • Cash, Certified Check, Or Wire Transfer Payments Are Accepted 

            -- NO Credit Card Or Online Payments Will Be Accepted For This Auction

            -- A $20 Fee Will Be Added To All Invoices Being Paid Via Wire Transfer 

            -- Certified Checks Are Payable To "Loretto Equipment" 

 

  • There Is A Scheduled Removal, You Are Expected To Follow The Listed Auction Protocol.

 

  • Contact Information:

          -- Casey @ 763-742-8768 (Call Or Text)    

          -- Mike @ 763-242-2207 (Call Or Text) 

            -- Email: "lorettoequipment@gmail.com" 

 

 

 

 

Inspection

Auction Closing:

Tue, Apr 21, 2020
08:35 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: Loretto Equipment

Manager: Casey (P.O. BOX 24)


      1. ACCEPTED PAYMENTS Cash, Good Checks, Cashier’s Checks, Wire Transfers, Credit Cards.

      2.         IMPORTANT NOTE: No Credit Cards Are Accepted Over $5,000 OR For Titled / Registered Items. 

    1.                            NOTEA $20 Charge Will Be Added To ALL Wire Transfer Payments

    2.  

  1. This auction is contracted and managed by Loretto Equipment.

    Important Note:

    Items are to be paid for & picked-up on the scheduled removal date. 

     


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.



226 St. John Street
Loretto
MN, 55357


Phone: 763-742-8768

No shipping is available for this auction 

No online payments are available for this auction