Auction Location: 6100 Olson Memorial Hwy, Minneapolis, MN 55422
Phone: 612-723-5711
Lot Categories: Material Handling/Storage (24), Heavy Equipment (12), Power Tools/Shop Equipment (11), Construction Equipment (5), Janitorial Equipment (4), Automotive Accessories & Parts (3), ATV/Dirtbikes/Snowmobiles (1), Snow Removal & Equipment (1), Lawn Care (1)
Auction Closed
11/07/2023 01:00 pm
Closed
No Image Available
Welcome to the JB Equipment Fall Equipment Liquidation! This great line of equipment will be sold to the highest bidder on 11/7/2023. The auction will begin closing at 1:00pm CST.
Inspections Available and Encouraged!
Fri, Nov 03, 202309:00 am - 02:30 pm
ALL PAYMENTS DUE BY 3:30PM on 11/9/2023. Please call 612-723-5711 with any questions regarding removal schedules. Later removal schedules may be accommodated with full payment:
REMOVAL DATE: Thursday, November 9th from 9:00am - 3:30pm.
Payments Information: JB Equipment accepts wire transfers, business checks, Cash, Credit Card charges only for invoices up to $4000.00. Any invoice over $4000 must be full payment by cash or check. Please make checks payable to: JB EQUIPMENT
Out of state buyers must pay via wire transfer. Instructions to be sent at the conclusion of the auction.
Bidding Tips:
All bids placed on K-BID can be in a max bid format. You can either bid the next required bid or an amount above that. Meaning that you can place a bid of $20,000 and the system will bid on your behalf against other bidders until that amount has been exceeded. Other bidders do NOT have access to your max bid information.
Do not include dollar signs or comma's while placing bids. You will need to include dollars and cents. A bid of $25,000 should be placed like this: 25000.00
Auction Closing and Fees:
A 13% Buyers Premium applies to items sold up to $5,000, 10% BP applies above $5000 with a cap of $1000 per item.
If an item sells for $32,000, the total bid price would be $32,000 + $1,000 BP + any applicable sales tax.
Lots will remain open until no bid has been received for 3 minutes. This is referred to as extended bidding and eliminates bid sniping.
| 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: JB Equipment
Manager: Billie Leffel
There is a 13.00% 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 $4000.00. Any invoice over $4000 must be full payment by cash or check. 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.
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.
Buyer to make any shipping arrangements. We do not arrange shipping.
