Welcome to K-BID!

K-BID.com is an online auction venue where you can bid on and purchase items from business liquidations, equipment and machinery auctions, estate auctions and much more. Our venue has sold everything from airplanes to dish sets, tractors to real estate. The best part is, it's free and easy to register for a bidding account. Just click here to get started.

Every auction you see on our site is contracted and managed by an independent affiliate company. These companies have chosen to utilize K-BID as their preferred online auction venue. Many individuals and businesses contract with these affiliates in order to liquidate assets and manage the auctions on their behalf.

 

K-BID 101

It's simple: You bid. You win. You pick up and pay for your items during the auction removal period!

Please note that each auction is different and winning bidders are expected to be at the removal location during the specified removal time unless other arrangements have been made. 
 
Pay extra close attention to the Details, Terms, Directions and Shipping tabs that are found on the bottom of the page within each item and auction page. This will notify you of the inspection and removal dates, accepted payment types, the auction location and contact information. Shipping should not be assumed, but is available on some auctions.
 
We put a lot of faith in our bidders and our affiliate auctioneers work extremely hard.  Therefore, it is very important to understand that you are responsible for every bid you place and every item that you win. Failure to complete a purchase could result in the suspension of your ability to participate in future auctions.    

 Terms

 

 

 

Important Information 

  1. 1) Use the inspection times! Each auction has a scheduled inspection date and time or allows you to make an appointment. Make sure you take advantage of these days to make sure the item is exactly what you are looking for. Independent affiliates do their best to accurately describe and photograph items, but each item is sold as-is, where-is and we leave it up to the bidders to determine each items value.
     
  2. 2) Bid with the intent to purchase. Bids will not be removed and you are responsible to pay for any items you have won....even if you change your mind.
     
  3. 3) Every bid is placed in a max bid format. A max bid is the highest amount that you are willing to pay for an item and is kept private from other bidders until that amount has been exceeded.
     
  4. 4) No sniping! Every item is extended a 3 minute overtime after the last bid has been placed. Make sure you are using the refresh button to get the most accurate status of an item.
     
  5. 5) Use your dashboard to watch items, bid, and see the invoices for items that you have won.
     
  6. 6) A buyer’s premium is added on top of the final bid price for each item. This percentage can be found in the terms for each auction, but is typically 13% for items that sell below $5,000 and 10% for items that sell above $5,000. Buyer's premium is capped at $1,000/item (real estate excluded). For example, a $100.00 winning bid will equal an invoice amount of $113 plus applicable sales taxes.
     

If you have further questions, please visit our Knowledge Base for FAQ's and general questions about K-BID.