KX AND CDS MOTORS AUTO AUCTIONS 3

INSPECTIONS: : Are done same day the auction ends from 1 PM to 6 PM only. Some vehicles are kept off site and inspections will not be possible prior to that date. Please call or text with any questions. Inspections are not allowed after the auction has ended. 

RESERVES: Reserves are not revealed. Some items are protected by a seller reserve. Reserves can be lowered at anytime during the auction. Be prepared to honor your highest bid. The item does not sell until the "reserve has been met". You are able to bid against the reserve until it is met.  

PAYMENTS: Payment is due within 48 hours, Wire Transferees (Preferred), ACH, Cash, and Cashiers check are accepted.We accept Credit Card- Debit  cards up to $4,000. Credit Card transactions over $4,000 will be charged a 4.25% fee. All vehicle-buyers will be required to pay a $200.00 document fee.  Out-of-State buyers will complete their own title transfers and pay only the doc fee. Auto Dealers are required to provide us with a copy of a current Dealer License prior to the removal of the vehicle.  The $200.00 fee applies to dealers as well. 21- and 31-day permits will be issued as needed.

REMOVAL: Please bring your Driver’s License and insurance information, current policy is fine, DOES NOT need to be on vehicle purchased. Title Transfer: We are a licensed MN Auto Dealer and complete all IN-State title transfers. Tabs/ plates will be mailed out within 3 weeks of vehicle purchase. 60 Day permits are issued on every vehicle in state. Out of State buyers complete their own title transfers, 31 Day temporary permits are issues, buyers premium and documentation fee are the only applicable fees.

Items that have been paid for and not picked up after 16 days will be re-sold unless other arrangements have been 

Registration Information:  To expedite removal, winning bidders must complete the "Bidder Supplied Information" form, found on the invoices section of your dashboard.  

Vehicle Registration Form:  Needs to be filled out within 48 hours of auction ending time. 

NO SHIPPING AVAILABLE

This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.  

K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.  

K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.

By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.

Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).

Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.

Sellers and their agents are prohibited from bidding on their own assets.

Items with a reserve will not be sold unless the reserve price has been met.

At the close of the auction, active items will remain open until no bids have been received for three minutes.

Applicable sales tax will be collected by the affiliate managing the auction.  

In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.

Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice. 

Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.