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- All methods of payment require $500 cash deposit at time of bidder registration.
Bidder deposits are refundable 15 minutes after turning in your bidders numbers
and signing release if no purchases are made.
- A $100 buyers fee and $45 documentation fee will be added to each vehicle purchased. All vehicles sold to Minnesota residents are subject to Minnesota state sales tax, a $39 title/transfer fee plus license plate/tab fees (if applicable). Exemptions include licensed vehicle dealers and out of state residents (proof is required).
- All buyer payments must be made with good funds which are defined as cash, cashiers checks, travelers checks, personal or company checks backed by a major credit card (ATM/debit cards not accepted). Mastercard,
Visa, American Express and Discover are accepted forms or payment with a 3% handling
charge. Arrangements can be made to leave a 10% nonrefundable cash
deposit (minimum $500) for each vehicle purchased with the balance due in full
by the following Wednesday. Any sale not completed on sale day will have an
additional minimum $10 charge for each motor vehicle transported. An additional $25 will be charged per day for each vehicle left unpaid. or item purchased to cover.
- Any default after purchase results in a forfeiture of ALL BIDDER DEPOSITS and the Auction Company will be paid the full sum equal to the purchase price, buyers fee and any additional cost involved in the transportation, storage and resale of items not paid for. This sum due and payable without relief.
- All items become the sole responsibility of the buyer (bidder) when the auctioneer announces "Sold". The Auction Company is not responsible for sold items due to damage or theft once the successful bidder has been announced.
- All vehicles must be removed from the sale site by 6pm on auction day.
- All purchases must be paid in full by the end of the auction. All sales are final. All items sold AS IS, WHERE IS. The Auction Company only guarantees existing engine and transmission problems UNTIL NOON THE WEDNESDAY FOLLOWING THE AUCTION to include;
Engine: Internal engine components (cylinder, heads and gaskets,
pistons, cm shaft, crank shaft) will be guaranteed for EXISTING defects until
the above designated time. Timing belts, fuel injection units,
computers, tune-ups WILL NOT be covered. If a serious major defect is
found the selling dealer and/or auction company have the option of repairing
the problem or refunding the buyers purchase price.
Transmission: The transmission and 4x4 components are guarantee to
engage in all gears and shift properly according to the miles on the vehicle.
IMPORTANT NOTE: 4x4 components such as transfer cases, u-joints, axles
will make noises not usually heard on a 2 wheel drive vehicle. If these
noises do not affect the shifting or engaging of the 4x4 unit it will not be
cause for return or repair by selling dealer. KEEP an additional $1000
in your 4x4 vehicle buying budget for necessary 4x4 maintenance. 4x4 vehicles will require much more maintenance and will produce sounds not normal to other vehicles.
Please
remember a vehicle with 165,000 miles on it will probably not shift the same
as a brand new vehicle but it will shift without a major hesitation or
"Jerking". RULE OF THUMB: If the motor or transmission has to be
removed from the vehicle for necessary repairs it may qualify as a vehicle
that can be returned for a refund or purchase price. If the vehicle is
returned, the purchaser will NOT be reimbursed for any repairs which were done
to the vehicle prior to the vehicle being returned.
ITEMS LISTED ABOVE ARE THE ONLY ITEMS THE AUCTION COMPANY WILL GUARANTEE. The following items are NOT included in the guarantee; Timing belt, fuel injection system, braking system (unless deemed unsafe), window controls, radio and sound systems, keys and locks, hood cable, charging systems, batteries, etc.
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